Dear Trader,

1st of January 2022 onwards, Vantage will be using the new domain

While is still live, we encourage you to update your bookmarked URL, email address book, marketing hyperlinks, and visit for the most up-to-date notifications, contents, promotions and queries support.

Do take note that as of 1st of February 2022, will no longer be online.

Should you have any questions or require assistance from our team, feel free to reach out to us at [email protected]

Looney presents some short term opportunity


Happy Friday, traders.

A quick note today to bring a potential short-term setup in the USDCAD hourly chart.

You can see in the chart below that price has been rebounding in a horizontal range for several days now, with both the upper and lower boundaries being respected by price.

Now, these kind of consolidation zones, or rectangle patterns have a few ways they can be traded. Firstly, a trader could try and capitalise in the range, and simply buy/sell any rejection of support or resistance. Due to this being an hourly chart, my preference with these patterns is to trade the breakout in either direction, in an attempt to capitalise on a larger movement.

Long, compressed range patterns such as this can be either continuation or reversal patterns, and perhaps one of the most favourable qualities of these patterns is the potential RR. A trader can set a very tight stop once a confirmed breakout occurs. I’ll be watching for a break in either direction.

Stay tuned for updates and until then, have a great weekend, traders.


Fast & easy account opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods.

  • Trade

    Access 300+ CFD instruments across all asset classes on MT4 / MT5

That's it, it's that easy to open a Forex and CFD trading account.
Welcome to the world of trading!
open live account