GBP/CAD analysis

[June Moon]

The true average trend we are looking in the GBPCAD chart is in down which is actually caught by Parabolic SAR, SMA, Moving average and trend line indeed. So sellers need to take an entry at 1.7665 and the target point is at 1.7548.

 

[lioneld]

The true average trend we are looking in the GBPCAD chart is in down which is actually caught by Parabolic SAR, SMA, Moving average and trend line indeed. So sellers need to take an entry at 1.7665 and the target point is at 1.7548.

I have the same view; clearly it’s a downtrend; nice analysis. By the way, what’s your opinion on EUR/USD?

 

[Lee Mark]

I don’t see any chart; it’s blank! Can you please check the chart once again?

 

[lioneld]

As I see; now we are in a daily range; and now we are in the middle of this range! This is why, now I have no plan on this pair!

 

[lioneld]

Yes, GBPUSD is my listed trading pair and I basically rely on daily here (to make out the type of trend); although I need to use H4 & H1 to identify the high quality of entry & exit points.

 

[Oscar Shumack]

Professional traders are out of these types of qualities because they know well that these qualities are harmful for a trader.

 

[Alexander Hudson]

Traders must stay alert about scam brokers because they can snatch your fund any time. So, make sure you are trading with regulated brokers.

 

[Oscar Shumack]

We are not interested in earning knowledge because we don’t have curiosity. Grow your curiosity over earning knowledge.

 

[Alexander Hudson]

Definitely you can but enhancement of knowledge is quintessential for you. You have to flourish your trading knowledge to reap much gain on the market.

 

[SaadBinToha]

You not only need Forex-centric knowledge but also need world’s economic knowledge. The present global economic condition isn’t going well and an economic depression is ongoing.

 

[Ethan]

To start forex stock trading, you have to analyze companies and trade through a regulated broker. Proper research is essential because poor market analysis leads to poor result.

 

[Aaron_0]

Don’t abuse your leverage facility because it is such a facility that enables a trader take high extra loan on their capital through the broker.