Get started

Gbpcadforecast

GBPCAD: short opportunityHi Traders, This is my view on this pair for the next days #GBPCAD SELL 1.74 SL 1.7455 TP 1.7247 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Short
by kitchen_trading
GBPCAD SHORTWe took this trade based on technical analysis, There is a strong bearish candles formation on the H4 and Daily Time Frame, Our technical indicators are showing we can expect a bearish continuation, Our take profits are drawn from the FIB. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 14,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Short
by Pro-Trading-Africa