USD/CAD hourly technical Chart 27 feb

USD/CAD on the hourly chart forming a doji on the the early London opening hours. High oil prices should keep the loonies weakness at bay as BoC highlight household debt is at high levels.

short USD/Cad 1.0010 , stop loss 30 pips, TP @ 0.9980. a quick 30 pips bang bang.

sorry to my readers, i been busy over certain research report.

Regards
PipsFarmer.

Heiken Aishi candle and SMA100 Easy trading shown.

Here is an article i found it super useful for novice trader to see a clear entry using HEIKEN AISHI and sma 100 . The author use 4hours time frame mostly.. Happy trading to all !

http://www.forexfactory.com/showthread.php?t=340556

Regards
PipsFarmer.

The 7 Habits of Highly Effective People AND 7 Secrets of The Highly Successful Trader

Effective People                                                                   Effective Trader

Habit 1: Be Proactive                  Take Complete Responsibility
 
Habit 2: Begin with the End in Mind    Have a system that fits you 

Habit 3: Put First Things First        Plan a trade & trade a plan   
Habit 4: Think Win-Win                 Positive Self Belief 

Habit 5: Seek First to Understand,     Learn Hard on how to trade
         Then to be Understood         properly and keep working
 
Habit 6: Synergize                     View Trading as a score in
                                       POINTS and not MONEY

Habit 7: Sharpen the Saw               Keep Trading as part of a 
                                       balanced life 

Do a checklist of yourself using the golden rules i have listed. A trader life's pretty much about a game of hunt. A game which test your patience time and time again, common scenarios "I should have put a trailing stop loss to get the maximum profit " ; " got caught out by whipsaw again, i am only unlucky this time" . Well i say , shit happened. But the key to make pips is , you must trade the game well. Know what kind of hunter you belong to, then choose your choice of hunting weapon.

Whenever you hit a snag, recheck this article again. Happy Trading na krap.

Regards
PipsFarmer.