EURCAD Trade Video Clip from 9 Jan 2018 Live Trading Room
EURCAD shows a bullish sequence in 4 hour chart, thus we were looking for opportunities to buy in 3-7-11 swing for at least a 3 waves bounce. On 9 Jan, we got our chance to buy dips in 7 swing at the green box. We bought it at 1.4845 in Live Trading Room. Our target is 1.54 which was reached on 25 January. Below is the 4 hour chart where we bought the pair
Below is our trade setup presented in trading journal:
The trade has 1.8 Risk to Reward Ratio. Upon hitting the target, we have 555 pips profit, but in terms of percentage, members profit 1.8% to 3.6%, depending on the risk taken (we recommend between 1% to 2% risk / trade).
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