USDCAD | Range Idea | NYC-Session | 19-07-2024
Within a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select to per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of Attention to the set up in general when Volatile-Price-Action is involved, mainly because of the usage of an Intraday-Scalp-Position tool on behalf on the Trade Plan in general.
# POSITION | RR | 15 Minutes Time Frame
- Measurement on Session
* 50 EMA
* 500 EMA
# PRE-OCCUPIED CENTER SETTINGS
- Measurement on Session
* ABCDE Wave Set Up | Ascending Triangle
# RANGE | 15 Minutes & 1 Hour Time Frame
- Measurement on Session
* Retracement | 0.5 & 0618 area
- Support & Resistance
- Trade Area | Focus & Motion ahead
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
# POSITION | RR | 15 Minutes Time Frame
- Measurement on Session
* 50 EMA
* 500 EMA
# PRE-OCCUPIED CENTER SETTINGS
- Measurement on Session
* ABCDE Wave Set Up | Ascending Triangle
# RANGE | 15 Minutes & 1 Hour Time Frame
- Measurement on Session
* Retracement | 0.5 & 0618 area
- Support & Resistance
- Trade Area | Focus & Motion ahead
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
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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.
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.