Get started

Australian Dollar/Canadian Dollar

No trades
OverviewNewsIdeasMindsTechnicalsSeasonalsEconomic Calendar

Trade ideas

AUDCAD Short OpportunityWe are overbought on several of the oscillators on the 4HR time frame. We will start with simple 50/50 TP and SL in pips. We are going to monitor every four hours and add positions as needed, I posted a screen shot of previous trades to demonstrate the cost averaging system I typically use. We are going to use the oscillators to determine our exit, I will update as needed. We will bump our SL as needed if we re enter with more positions, see attached picture. 0.01 lots per thousand of the account.
Short
by jeffjtravers
AUD/CAD: Watching Reaction at Lower Channel TrendlineAUDCAD has been moving inside an ascending channel, respecting both the support and resistance levels. Recently, price tested the upper resistance of the channel around 0.9030 – 0.9040 and got rejected, forming a lower high. Currently, price is retesting the minor support zone (highlighted in grey). If this zone breaks, I expect price to continue bearish toward the channel support around 0.8970 – 0.8980. Resistance Zone : 0.9040 – 0.9050 (Upper channel + multiple rejections) Support Zone : 0.8970 – 0.8980 (Lower channel trendline + horizontal support) ⚠️ A break above 0.9050 would invalidate this bearish setup. Bias : Short-term Bearish unless price breaks and closes above resistance.
Short
by FXTradingAnalysis
1
AUDCAD - Bearish break of Parabolic trendlinePossible Short trade opportunities after exhaustion of a parabolic runup prior to release of Australian Balance of Trade news. The recent bullish move with exhibits positive expectation of Australian news release tomorrow morning. Positive news could cause continuation, negative news could cause a reversal/retracement. Raise Stop-In levels if price continues north and be prepared to cancel inactive Stop-In short orders if Australian news highly positive.
by fugutrader
My Personal Forex Money Management System-The 4 Rules I Live ByLet's talk about something more important than any indicator: money management. I don't care how good my strategy is; without a solid system to manage risk, I am just gambling. I've been documenting my own trading journey and wanted to share the exact four-pillar framework I use to protect my capital. This isn't theory—it's what I actually follow on every single trade. The 4 Components of My System: Risk Per Trade: The fixed % of my account I'm willing to lose on one idea is, for now, between 0.5% and 1%. Total Open Risk: My cap on total exposure from all running trades, I prefer a max of 3% but giving myself the space to a maximum of 6%. Risk-to-Reward Ratio: My non-negotiable minimum filter for every setup is the golden 1:2. To tell you the truth, now when I see a trade that forces me to 1:2, I get annoyed. The trading plan that I am working on now gives me greater opportunities. Therefore, 1:2 is really my bare minimum. Dynamic Position Sizing: How I calculate my lot size based on my stop loss. My goal is to stay in the game as much as possible and work on the accumulation effect. This system is so simple and practical that it keeps me disciplined and stops me from blowing up an account on one bad trade or a volatile news event. I'm curious—what's the #1 rule in your money management system? Drop a comment below. Let's learn from each other.
Education
by TheInvestor_Diary
AUDCAD Is Very Bearish! Sell! Please, check our technical outlook for AUDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.902. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.899 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Market Insights with Gary Thomson: 1 - 5 SeptemberMarket Insights with Gary Thomson: UK Retail Sales, Canada Jobs, US NFP, and OPEC+ Meeting In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for expert insights into forex and commodities to help you navigate the week ahead. Let’s dive in! In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets. 👉 Key topics covered in this episode: — UK Retail Sales — Unemployment Rate in Canada — US NFP and Unemployment Rate — OPEC+ Meeting — Trade Tensions Gain insights to strengthen your trading knowledge. This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
AUD/CAD SHORT FROM RESISTANCE Hello, Friends! We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.895 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1