prajwalrao2013

Clear pattern + Major reversal signals for Daily and Weekly chat

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
Our trading strategy must be to open a buy order at 1.355 with 50% of possible risk you can afford. one more buy order at 1.350 with 30% of possible risk you can afford, and at 1.349 buy with 20% of possible risk you can afford to.
Our targets for these buy orders would be as follows:
TP1: 1.45 -- Liquidate atleast half the positions you have taken -- In my case I liquidate 80%
TP2: 1.53 --Liquidate atleast 5% of the total buy positions you had taken.
TP3: 1.5996 --Liquidate atleast 15% of the total buy positions you had taken.
TP4: 1.6520+ --Liquidate all positions.
This total trade might take up to 3 months.

*Note: My money management rules say that I cannot lose more than .5%-2% of my total wealth depending on the individual trades I make. --This works for me--

Thanks
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