Trade 6: Short term simple Long

30 thg 5, 2017

Reasoning

• Strong short term uptrend
  
• Pullback to rising trend line
  
• Hammer candle at trend line
  
• Earlier breakout above 200-days and 50-days simple moving averages
  

Trade Levels
Entry: Buy limit at 0.8680 - Target: 0.8743 - SL: 0.8649 - RR: 2

All my trades will have Risk of capital per trade of 2%

Stats before this trade
Number of trades: 5
Winning Trades : 1 Losing Trades: 3 Still active: 1
Net return: -2.4%

Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.

Best
Technician

31 thg 5, 2017

Đóng lệnh: đạt mục tiêu

Target Reached.
Trade Return: 4%
Net Return: +1.6%