CADCHF Short

As we can see, CADCHF is moving in a descending channel on the H4, the pair failed to break the upper trend line, we expecting a bearish continuation to re-test the level listed on the chart.

We taking this trade based on technical analysis and price action.

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 146,26

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) also (1 Lot * 100 000) / 500 = $200 (R2 960)

So, each time I open (1 Lot size, am exposing R2960 (Down payment)

Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.

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