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Picture No. 1 shows the price breaching the wedge pattern and a positive candle with a positive divergence on the RSI indicator..
More than a technical indication of a rise in the price to the top.
Picture 2 shows what happened next.
Idea: The outcome of any transaction cannot be expected just because more than one technical signal appears.
Commitment to financial management is very important..
L0T SIZE RECOMMENDATION
- We are following lot size as follow
XXXUSD / USDXXX CURRENCY PAIRS
(EURUSD, AUDUSD, GBPUSD, NZDUSD, USDCHF, USDJPY)
- Equity = 1000 Open Lot size = 0.05
Increase your lot size accordingly your equity For Example : If your Account is 5000 use 0.25 and 10000 0.50 mean 0.05 each 1000.
In case you have 500 equity use 0.03 and accordingly
GBPXXX / XXXGBP CURRENCY PAIRS
(GBPJPY, GBPAUD, GBPCHF, GBPNZD, EURGBP)
- Equity = 1000 Open Lot size = 0.03
Increase accordingly your equity for example: If your account is 5000 use 0.15 and 10000 0.30 means 0.03 each 1000.
In case your equity is 500 use 0.01 and accordingly
XXXJPY CURRENCY PAIRS
(GBPJPY, USDJPY, AUDJPY, EURJPY, CHFJPY) big spread pairs
- Equity = 1000 Open Lot size = 0.03
Increase accordingly your equity for example: If your account is 5000 use 0.15 and 10000 0.30 means 0.03 each 1000.
In case your equity is 500 use 0.01 and accordingly
CFD's XAUUSD & WTI
- Equity = 1000 Open Lot size 0.02 and 500 Open lot size 0.01
Increase accordingly your equity
lot sizing is measured by 2% risk and it will really help you to increase your equity as well as your patience
More than a technical indication of a rise in the price to the top.
Picture 2 shows what happened next.
Idea: The outcome of any transaction cannot be expected just because more than one technical signal appears.
Commitment to financial management is very important..
L0T SIZE RECOMMENDATION
- We are following lot size as follow
XXXUSD / USDXXX CURRENCY PAIRS
(EURUSD, AUDUSD, GBPUSD, NZDUSD, USDCHF, USDJPY)
- Equity = 1000 Open Lot size = 0.05
Increase your lot size accordingly your equity For Example : If your Account is 5000 use 0.25 and 10000 0.50 mean 0.05 each 1000.
In case you have 500 equity use 0.03 and accordingly
GBPXXX / XXXGBP CURRENCY PAIRS
(GBPJPY, GBPAUD, GBPCHF, GBPNZD, EURGBP)
- Equity = 1000 Open Lot size = 0.03
Increase accordingly your equity for example: If your account is 5000 use 0.15 and 10000 0.30 means 0.03 each 1000.
In case your equity is 500 use 0.01 and accordingly
XXXJPY CURRENCY PAIRS
(GBPJPY, USDJPY, AUDJPY, EURJPY, CHFJPY) big spread pairs
- Equity = 1000 Open Lot size = 0.03
Increase accordingly your equity for example: If your account is 5000 use 0.15 and 10000 0.30 means 0.03 each 1000.
In case your equity is 500 use 0.01 and accordingly
CFD's XAUUSD & WTI
- Equity = 1000 Open Lot size 0.02 and 500 Open lot size 0.01
Increase accordingly your equity
lot sizing is measured by 2% risk and it will really help you to increase your equity as well as your patience
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