Buy USD/CAD – SL Triggered

Quotes with Resistance & Support

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Buy USD/CAD – SL Triggered

Posted on: March 15th, 2012 at 10:43 am

Technically USD/ CAD is near good support levels. can expect some bounce from here.

Buy USD/CAD at 0.9932, target: 1.0000. Stoploss near 0.9880 – (SL triggered)

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45 Responses

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kumar Says:
March 15th, 2012
Posted at: 12:13 pm
Hi CB
How many lots you advice use to trade. Also what is the risk level you suggest to select in etoro.com.
Also howmuch dolor we must invest to buy/sell each trade? please avice
i have recently created demo account and had these question in my mind... will be in real trading soon. once i am comfortable to operate it with your advice... :-)

Thanks...
CB Says:
March 15th, 2012
Posted at: 12:20 pm
Hi kumar, , to buy 1 lot you need $40.. leave the risk level as default for now.. if its your first time, best to trade with 1-2 lots.
kumar Says:
March 15th, 2012
Posted at: 12:59 pm
Thanks CB. Could you please let us know the brokerage fee we have to pay them & other unknown fees in etroro? since you are real trader there....
shiva Says:
March 15th, 2012
Posted at: 1:34 pm
CB..i dont have access to etoro from office..and generally when I go home , the buying price is crossed ... this way I missed 3 of your 4 calls :(
CB Says:
March 15th, 2012
Posted at: 1:36 pm
Hi kumar, there is brokerage here. only spread value is something they charge with is usually around 20-30 cents
Hi shiva, oh ok. try opening an account on a website which has access in office
kumar Says:
March 15th, 2012
Posted at: 2:43 pm
Hi cb, spread value ? please explain
CB Says:
March 15th, 2012
Posted at: 3:30 pm
Hi kumar, its the difference between the buyer/ seller you see on your screen. usually its 2-3 points (cents)
shiva Says:
March 15th, 2012
Posted at: 6:30 pm
CB this call still open? still above support right?
CB Says:
March 15th, 2012
Posted at: 6:35 pm
Hi shiva, yes.
kumar Says:
March 15th, 2012
Posted at: 7:04 pm
Call is moving from 1st gear to 2nd gear..... :-) Currently 0.9943
kumar Says:
March 15th, 2012
Posted at: 7:07 pm
cb, i understand when we close the trade it shows market spread value which we have to pay them correct ? if yes, may i know how they calculate it? Apart from this charge do you pay anything (hidden charges) ??
sohan Says:
March 16th, 2012
Posted at: 12:43 am
hello CB
How is etoro for trading forex.
Sohan
CB Says:
March 16th, 2012
Posted at: 12:47 am
Hi kumar, yes.. facing some resistance near 0.9948.. there are no hidden charges. you will see the spread value on the screen when you are about to buy a trade. it differs from trade to trade. not really sure what is the calculation here
Hi sohan, I have been using it since a week and it seems to be good.
sohan Says:
March 16th, 2012
Posted at: 1:16 am
Hello CB,
Thanks very much.
Good night.
Sohan