Starting capital - 20000 USD Risk Profile : Depends on the entry( Will update) Risk - Depends on entry but less than 100 pips Target - First target is 350 pips down Account exposure - 1.5% i.e. 300USD Potential Reward - 6%+ i.e. 1000USD+
Will update with the entry and stops when the trade is triggered. Remember, no breakdown of flag means no entry. Cheers
Note
Trade active
stops moved to BE
Note
Note
Note
Note
First position is risk free Potential reward from first position - 1000USD Risk on the second position is 300USD of 1.5% Stop loss entirely based on the flag as i mentioned but expecting less than a 50 pip stoploss The way i calculate my position size is if i have 50 pip stoploss and i only risk 300usd per position, that means i can afford to open 0.6lots. Potential profit on the second position is 600USD which is decent as the Risk:Reward is 1:2
Note
2nd position moved to break even as well
Trade closed: target reached
Profit from first position 1000$ Profit from second position 600$ Total Profit - 1600$ New Equity - 21,600$
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.