AUDNZD, AUDCAD, and NZDCAD 5.4% Monthly Returns Since 2016 - C2 - Collective2

AUDNZD, AUDCAD, and NZDCAD 5.4% Monthly Returns Since 2016 - C2 - Collective2: When trading the AUD/NZD, AUD/CAD, and NZD/CAD pairs, I have achieved an average monthly return of 5.4% since 2016. This strategy is based on analyzing these three assets, considering hedging, and maintaining low drawdow…

The choice of these currency pairs is due to the opportunities they offer. The relationship between the Australian dollar (AUD), New Zealand dollar (NZD), and Canadian dollar (CAD) creates a conducive environment for exploiting differences in exchange rates. These discrepancies can result in profit opportunities when traded strategically.

My approach involves technical and fundamental analysis of these currency pairs, taking into account factors such as economic indicators, political events, and price patterns. Based on this information, I make informed decisions about when to enter and exit positions, aiming to maximize profits and minimize losses.

Furthermore, it is essential to emphasize the importance of proper risk management.

Overall, my strategy of trading these three currency pairs - AUD/NZD, AUD/CAD, and NZD/CAD - has been successful, providing an average return of 5.4% per month since 2016. I am constantly improving my approach through continuous analysis, learning, and adapting to market conditions.