
SELL AUDUSD at 0.7484
SL 0.7514
TP 0.6861
Let's conquere forex world
I see some reversal possibility, so better I close all of my open trades, including CADJPY, AUDJPY, GBPNZD.I exit everything. Total it shows a good cash, so I just close them all. CADJPY has profit around 180 pips
And this is the last USDCHF, profit around 160 pips, and SL 30 pips. It is 160 / 30 = 5.33 R (Risk : Reward ratio). And it is 5.33 x 3% = 16%.
This will be one of my best trading.
This is Open my open trade USDCHF +77 pips
CADJPY +83 Pips
AUDJPY +97 pips
If you ask how much is it, then it depends on my stop loss. I use Stop Loss 30 pips for USDCHF, 50 pips for CADJPY and AUDY
So if my risk per trade is 3% then the open profit will be
USDCHF 77 / 30 = 2.56 * 3% = 7.7%
CDJPY 83 / 50 = 1.66 * 3% = 4.98%
AUDJPY 97 / 50 = 1.94 * 3% = 5.82%
So total will be 18.5%
This will be recover a few losses that I have previously.
EURCAD +60 pips
EURNZD +137 pips
USDCAD +191 pips
If you ask me how much is it, then, it depends to the stop loss. EURCAD SL 45 pips, EURNZD 45 pips, USDCAD 30 pips
EURCAD 4%
EURNZD 9.1%
USDCAD 19.1%
Total it is 32.2%
Is that amazing?
As long as you take more profits as your take profit, more than you stop loss pips, it will be very good in the long term.
Leave a CommentAUD is weakening and JPY is strong. AUDJPY is a good pair. Entry now.
Sell AUDJPY at 81.91
SL 82.42
TP
Sell NZDUSD at 6862
SL 0.6893
TP 0.6777
There is a possibility of strengthening USD.
Leave a CommentEURNZD ended with losses, but however do not worry it still going down.
Somehow the EURJPY is showing a sell trigger
SELL EURJPY at 123.62
SL 124.17
TP 122