Hello, this trade is not really my style and it fits the swing trade field.
I am trying to see the low Risk/Reward Ratio signs in the market maker area.
But it can be useful for those in this position .
COT Net Commercial Positions , Open Interests and Price Percent Changes :
CAD Positions increased more than CHF Positions but
CHF Open Interests are really tough !
Thus a retreat can be expected to the support point.
Determine leverage and stop levels according to your risk.
It seems reasonable to open 1 percent position size with the stop level corresponding to 1 percent stop value.
First Target : 0.68000 (Fibonacci 0.00 point)
Regards.
I am trying to see the low Risk/Reward Ratio signs in the market maker area.
But it can be useful for those in this position .
COT Net Commercial Positions , Open Interests and Price Percent Changes :
CAD Positions increased more than CHF Positions but
CHF Open Interests are really tough !
Thus a retreat can be expected to the support point.
Determine leverage and stop levels according to your risk.
It seems reasonable to open 1 percent position size with the stop level corresponding to 1 percent stop value.
First Target : 0.68000 (Fibonacci 0.00 point)
Regards.
Trade closed: target reached
Target reached : 110 pips !
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.
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.