RaynLim

I told you so...

Giá xuống
FX_IDC:AUDUSD   Đô la Úc/Đô la Mỹ
This is 1 crazy trade that we did on 22 Feb 23 (links within the TradingView Post). If you have been following us for years, you would agree that my interest in sharing LIVE analysis than to show how much I had earned in a trade.

That is because I do not find how that could benefit you.

With that said, the purpose of my sharing my analysis as it is; is to show you the thought process of how traders react at every turn.

Currently, we are 40pips away from our target of 0.6688(+219pips), which gives us a profit factor of 8.11. That means for every $1 we risk, my potential profit is $8.11.

That means even with a 20% accuracy rate by setting every loss at -50pips, my net profits in pips is 411pips.

This significantly reduces the level of stress when we trade and give us more time to do the things we love to do.

In an unlikely scenario that the market retests back to 0.6786 would allow traders to consider if they would hop on the latest trade with their first target points to the recent low on the 1-hourly chart. In this example, that would be 0.6721, giving the First Target a 65pips profit potential.

I would recommend having good risk management and planning your own trade, and not following the trade blindly.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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