Scribd Logo
Upload

Welcome to Scribd!

  • (Episode 15.4) NZDCAD - DRC

    Uploaded by

    Merunas
    17 views5 pages
    This document discusses using the Daily Range Corridor (DRC) trading strategy to analyze the NZDCAD currency pair. It explains that the DRC strategy looks for when the daily price action stays within the high and low prices from the previous day, indicating a period of consolidation. It then gave an example of the NZDCAD pair in September 2018, where the price stayed within the daily range for several days in a row, allowing traders to enter positions near the top or bottom of the range each day.

    Original Description:

    Original Title

    5. [Episode 15.4] NZDCAD - DRC

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses using the Daily Range Corridor (DRC) trading strategy to analyze the NZDCAD currency pair. It explains that the DRC strategy looks for when the daily price action stays within the high and low prices from the previous day, indicating a period of consolidation. It then gave an example of the NZDCAD pair in September 2018, where the price stayed within the daily range for several days in a row, allowing traders to enter positions near the top or bottom of the range each day.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views5 pages

    (Episode 15.4) NZDCAD - DRC

    Uploaded by

    Merunas
    This document discusses using the Daily Range Corridor (DRC) trading strategy to analyze the NZDCAD currency pair. It explains that the DRC strategy looks for when the daily price action stays within the high and low prices from the previous day, indicating a period of consolidation. It then gave an example of the NZDCAD pair in September 2018, where the price stayed within the daily range for several days in a row, allowing traders to enter positions near the top or bottom of the range each day.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 5

    16/10/2018 Wysetrade

    [Episode 15.4] NZDCAD - DRC

    https://www.wysetrade.com/courses/take/wysetrade-forex-masterclass/texts/4207140-episode-15-4-nzdcad-drc 1/5
    16/10/2018 Wysetrade

    https://www.wysetrade.com/courses/take/wysetrade-forex-masterclass/texts/4207140-episode-15-4-nzdcad-drc 2/5
    16/10/2018 Wysetrade

    https://www.wysetrade.com/courses/take/wysetrade-forex-masterclass/texts/4207140-episode-15-4-nzdcad-drc 3/5
    16/10/2018 Wysetrade

    https://www.wysetrade.com/courses/take/wysetrade-forex-masterclass/texts/4207140-episode-15-4-nzdcad-drc 4/5
    16/10/2018 Wysetrade

    https://www.wysetrade.com/courses/take/wysetrade-forex-masterclass/texts/4207140-episode-15-4-nzdcad-drc 5/5

    You might also like