Buy USD/CAD – SL Triggered

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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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Comment pages: 123 Show all

CB Says:
March 16th, 2012
Posted at: 2:14 am
Hi sohan, most welcome.. Good night.
shiva Says:
March 16th, 2012
Posted at: 9:22 am
CB I have not selected carry through weekend option..at what time IST my trade will get auto square off?
CB Says:
March 16th, 2012
Posted at: 9:23 am
Hi shiva, no, not sure yet..
Mahesh Says:
March 16th, 2012
Posted at: 4:23 pm
Hi CB Sir
Mahesh Says:
March 16th, 2012
Posted at: 4:25 pm
Hai Siva it will squareoff friday night at 12'o clock
Just i confirmed with etoro team (mysore)
Mahesh Says:
March 16th, 2012
Posted at: 4:33 pm
Hai CB Sir,
Good Evening...
Yesterday I opened account with etoro... doing practice trading....
as per your usd/cad call..
trade opened at .9928
please clarify my doubt.. is
if leverage is 1:400 the gaining percentage is higher than 1:100
which one is better
shiva Says:
March 16th, 2012
Posted at: 5:30 pm
Hi Mahesh, yes gaining percentage is better but also more risk of losing money...Moreover, when you select more leverage ratio, the stoplosses are very near...so higher chances of getting triggered. CB, pls correct me if I am wrong...
ansh Says:
March 16th, 2012
Posted at: 11:14 pm
hi cb what about geojit for currency trading?
CB Says:
March 17th, 2012
Posted at: 1:58 pm
Hi Mahesh, yes.. we need to click on "carry over the weekend" . They charge 10 cents for this.. go with 1:100 for now since you are just staring it.. in 1:400 stoploss is quite near to the level you buy
Hi shiva, yes..
Hi ansh, guess they only have indian currency pairs?
shiva Says:
March 17th, 2012
Posted at: 2:33 pm
CB i had selected higher leverage ratio so could hold USD/CAD over the weekend. got Auto squared off in loss.. Are you still holding? can i re-buy on monday?
CB Says:
March 17th, 2012
Posted at: 9:59 pm
Hi shiva, yes.. can re-enter on monday.. I am still holding it.
ansh Says:
March 17th, 2012
Posted at: 10:19 pm
hi cb,
i didnt understand pls explain?
CB Says:
March 18th, 2012
Posted at: 1:17 pm
Hi ansh, With indian brokers they have only indian currency pairs (eg: USD/INR, EUR/INR, JPY/INR). We need to trade other than Indian currencies too.. Its best to open an account with a broker who provides trading in global currencies. you can register here with a minimum deposit of $50 (rs.2500) and start trading in 5 min: http://www.etoro.com/A36256_TClick.aspx
ansh Says:
March 18th, 2012
Posted at: 3:45 pm
hi cb,
Thanks for the valuable information.
CB Says:
March 18th, 2012
Posted at: 4:05 pm
Hi ansh, most welcome.
shiva Says:
March 18th, 2012
Posted at: 10:52 pm
whats your view on EUR/USD ?