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USD in strong trend

USD
USD – Forex Trading Strategies

USD has shows its strength. This is my collection of USD currency.

AUDUSD I have take profit for more than 100 pips previously.

I re-enter AUDUSD at 7345 and hoping the TP will be 6859. Which is 400 pips away. Right now profit 74 pips. And it is risk free, means, if the price move up, the SL will protect it at break even. (Actually 3 pips profit rather than zero).

If you asked how much % is it, depends on my SL. my AUDUSD have only 30 pips SL. So 74 pips / 30 pips = 2.46
I am using risk 3% = so it is 2.46 x 3% = 7.4%.

The same my EURUSD profit 73 pips and my stop loss is the same 30 pips so it is around 7.4%

USDCAD 65 pips with my stop loss 40 pips = 4.87%

GBPUSD 31 pips with stop loss 40 pis = 2.3%

NZDUSD 15 pips with Stop loss 30 pips 1.5%

So total 23.4%

And I am still waiting for AUDUSD to be 400 pips winner ( I will review). I may change the target upon chart result in important support.

 

My Signal will not correct 100%. Just hope it can be as little as 50% win rate, and it is enough to conquer the forex market. As long as you take more pips when you win. This will make you profitable forex trader

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