USD/CHF - Trade 1 - $5000 with 5%

Nov 14, 2019

• If I were to enter this trade with a 5% risk with a $5000 account
  
  
• Profit = $1262.02
  
• Total Amount = $6262.02
  
  
• Loss = $250.00
  
• Total Amount = $4750.02
  
  
• Total Trades = 20 with a 5% risk
  
• Goal = < 50% Win Rate
  
  
• Key Points:
  
• Fibonacci Level
  
• Support - Resistance - Key Levels
  
• 61.80% Lined up with support level
  
• Trend line + Support level = Trading Range (Area between trend line and support)
  
• -38.20% level would be maximum profit?
  
• Support level would be maximum profit?
  
  
• Trade 1 Result = ?
  
  

Nov 14, 2019

Note

Trade 1 Result = Loss

Possible Re-Entry at Support?

Nov 15, 2019

Note

Why would I sell at this point? Possible break at bottom trend line and then hit the re-test?