FOREX TRADING ANALYSIS

AUDCAD Forex Trading Analysis – Last of 2021

In this video, this was my analysis of AUDCAD which happened to be my last of 2021. I share what I saw and also what happened. I also give an update on what I did with this pair as well. Check out the video and update below.

14 Forex Do's and Dont's
Here’s the updates on what happened.

As I discussed there was a possible reversal in play if it did not continue to the upside and that’s exactly what happened. Be it hours later, it happened. I did not enter on the reversal. I waited to see if it would breakout to the downside. It did breakout, it retested and I entered the trade, resulting in a win of 30 pips. Both the reversal and the breakout are below, along with my trade.

REVERSAL

MY MARKUP

MY ENTRY

 

I hope you got value from this post on my forex trading analysis of AUDCAD and you can go and implement what I taught for yourself. Last but not least, when trading remember to pick a trading time, pick a pair and pick a percentage. When you do find the one pair that moves according your to strategy,  you want to lock in on it, & make that your focus and everything else is secondary. Alright make it a great day!

Talk soon,

Eddie Harvey

eddie harvey - what you trading Wednesday

Discover how Over 300,000 people around the globe are creating an income from the comfort of their homes trading in the markets.

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