Trade 13: Short AUDCHFRisk of capital : 2%
Action: Sell at 0.7374
T1: 0.7323 ---- T2: 0.7268 ------ S.L: 0.7412
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade closed manually: closed manually at 1.6896
Journey-to-60-trades
Trade 11: Long NZDCAD Action: Buy limit at 0.9660
T1: 0.9749 ------ S.L: 0.9615
If we reach above 0.9710 before triggering entry the trade will be cancelled. Unless I stat otherwise in updates.
This Trade will have Risk of capital of 2%
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 8: Short USDNOK
Action: Sell Limit at 8.477
T1: 8.407 T2: 8.308 S.L: 8.516
This Trade will have Risk of capital of 2%
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 7: Long EURNZD Reasoning
Bullish breakout above falling wedge
Breakout in the direction of the main daily trend
Bullish engulfing candle on the daily chart
Stochastic near oversold on the daily
Trade Levels
Entry: Buy at 1.5850 - Target 1: 1.5993 - Target 2: 1.6150 SL: 1.5778- Avg. RR = 3
This Trade will have Risk of capital of 1.5%
Stats before this trade
Number of trades: 6
Winning Trades : 2 Losing Trades: 3 Breakeven= 1
Net return: +1.6
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 6: Short term simple Long Reasoning
Strong short term uptrend
Pullback to rising trend line
Hammer candle at trend line
Earlier breakout above 200-days and 50-days simple moving averages
Trade Levels
Entry: Buy limit at 0.8680 - Target: 0.8743 - SL: 0.8649 - RR: 2
All my trades will have Risk of capital per trade of 2%
Stats before this trade
Number of trades: 5
Winning Trades : 1 Losing Trades: 3 Still active: 1
Net return: -2.4%
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 5: Long USDCHF at Potential SupportReasoning:
The price at potential support:
Long term rising trend line
78.6 Fibonacci retracement for major bullish wave
1.618 Fibonacci extension for latest bullish wave
RSI Oversold and showing divergence
Long legged doj candle
Trade Levels:
Entry: Buy limit at 0.9705 - T1: 0.9813 - T2: 0.9950 - SL: 0.9640 - Average RR: 2.71
All my trades will have Risk of capital per trade of 2%
Stats before this trade:
Number of trades: 4
Winning Trades : 1 Losing Trades: 2 Still active: 1
Net return: -0.4%
Remember
-Never risk more than 2-3% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 3: Short EURGBP at confluence of resistanceLooking to short the EURGBP slightly higher as the price hits multiple resistance levels.
1- The ceiling of the short term rising channel
2- The 200-days simple moving average
3-Bearish engulfing candle on four-hour
4- A falling trend line on the daily chart
5- RSI is overbought
Best
Technician
Trade Idea: Short GBPJPY for a pullbackHello mates,
I see a good chance for a downside pullback as the price has been up-trending strongly in the past weeks.
We have reached a medium to long term resistance area among 148.00-1.4830. RSI is divergent and a four-hour shooting star candle formed.
Best regards
Technician