Get started
U.S. Dollar / Swiss Franc
Long

USD/CHF - Trade 1 - $5000 with 5%

By austinlmkc
Updated
  • If I were to enter this trade with a 5% risk with a $5000 account

  • Profit = $1262.02
  • Total Amount = $6262.02

  • Loss = $250.00
  • Total Amount = $4750.02

  • Total Trades = 20 with a 5% risk
  • Goal = < 50% Win Rate

  • Key Points:
  • Fibonacci Level
  • Support - Resistance - Key Levels
  • 61.80% Lined up with support level
  • Trend line + Support level = Trading Range (Area between trend line and support)
  • -38.20% level would be maximum profit?
  • Support level would be maximum profit?

  • Trade 1 Result = ?

Note
Trade 1 Result = Loss

Possible Re-Entry at Support?
Note
Why would I sell at this point? Possible break at bottom trend line and then hit the re-test?
Beyond Technical AnalysisChart PatternsForexlevelslossprofitriskrewardtradeideaTrend Analysis
austinlmkc
Also on:

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.