Evening traders
I just wanted to share two trades I've taken in the last two days on CADCHF working the 30M time frame.
In previous Forex ideas I have noted using the strategy I am utilizing on the H1 time frame following trend until next signal presents.
But this strategy is adaptable to how you would like to trade. In this example I have set my parameters to work to a stop loss and take profit setting. The setting is a 1:2.15 risk to reward ratio. Back tested from when I started trading this pair on March 4th in this manner you will see the results at the bottom of the screen are 79% gains on capital. This from risking 2% of capital per trade.
$200 dollars was risked on these trades for a $430 dollar gain on capital. Trade one was a 31pip profit move and trade two a 29 pip profit move.
For any more information on the strategy I am using please feel free to drop me a message.
I just wanted to share two trades I've taken in the last two days on CADCHF working the 30M time frame.
In previous Forex ideas I have noted using the strategy I am utilizing on the H1 time frame following trend until next signal presents.
But this strategy is adaptable to how you would like to trade. In this example I have set my parameters to work to a stop loss and take profit setting. The setting is a 1:2.15 risk to reward ratio. Back tested from when I started trading this pair on March 4th in this manner you will see the results at the bottom of the screen are 79% gains on capital. This from risking 2% of capital per trade.
$200 dollars was risked on these trades for a $430 dollar gain on capital. Trade one was a 31pip profit move and trade two a 29 pip profit move.
For any more information on the strategy I am using please feel free to drop me a message.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.