Trade 25: Long AUDCAD #FOREX
I have Bought AUDCAD for a quick short term trade, within the context of the recent sideways range. The price has also completed a three drives pattern at horizontal support. While FISHER indicator is oversold.
Long at: 0.9972 -- T1 : 1.0018-- T2:1.0070 ---- SL: 0.9946 ..... Risk for this trade is only 1.5% of capital.
For more details and all Stats goo.gl/rtfmna
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
Long at: 0.9972 -- T1 : 1.0018-- T2:1.0070 ---- SL: 0.9946 ..... Risk for this trade is only 1.5% of capital.
For more details and all Stats goo.gl/rtfmna
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
Note
First Target Hit. Not moving stop loss to break-even for now.Note
Moved stop to breakevenNote
Remaining half stopped at breakeven. Profit: +1.7%Trade closed manually
Correction: Profit: 1.32% .. As risk per trade was only 1.5% not 2%.
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.