Cadchflong
CADCHF BUY ( TRADE 13)
I try to post and update my trade ideas every week. Follow me, if you like my trade ideas.
I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
Feel free to contact me for any forex related issue ( forex fundamental news analysis, forex technical indicators analysis, forex signal service, forex account Management, etc) .
IMPORTANT INFO:
I USE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS. SO, I USED MY OWN RISK MANAGEMENT STRATEGY.
THE STRATEGY IS SIMPLE. OPEN TRADE AT 0.01 STANDARD LOT PER 500 USD INVESTMENT AMOUNT.
EXAMPLE: lot size 0.01 when you have 500usd,
lot size 0.02 when you have 1000usd,
lot size 0.10 when you have 5000usd,
lot size 0.20 when you have 10000usd
KEEP THE LOT SIZE CONSTANT FOR EVERY TRADE TAKEN WITHIN A MONTH. AT THE END OF THE MONTH WE WILL CALCULATE PROFIT IN PIPS AND DOLLAR AMOUNT. WE WILL DECIDE OUR LOT SIZE AT THE BEGINING OF EVERY NEW MONTH. I WILL POST MY COLLECTED PIPS IN A GOOGLE SHEET EVERY WEEK.
GOOGLE DOC LINK IS GIVEN IN THE COMMENT SECTION.
Email: mr908fardun@gmail.com
Telegram and what's app: +8801610226090
CADCHF approaching resistance, look out for potential reversal!
CADCHF is approaching its resistance at 0.75044 where it is could reverse down to its support at 0.74455.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.