Butterfly Pattern on 1hr chart EURUSD\
I was too sleepy to put details on this post. Detected this one 4Am and took my trade at around 5Am. Used a candle stick pattern to identify my point of entry which is right after the 2nd bearish candle, after the bearish pinbar candle. As i have calculated it it only will take 13 pips to risk. Since i have traded already 40 pips on the break out i manage to utilize the Money Management strategy. Even my limit was only 10 cents trade size I have traded 50 cents per pip without risking my capital if i loose.
Watch this video to understand Money Management Strategy
https://youtu.be/5GGWTUDGoIw
Take Profit in other hand have 2 option which is the 67.8% and the 127% of point CD in which if you take a look on this pic you can see that Option 1 is already filled which I have earn another 40 pips for this week
Now im waiting for the 2nd take profit which is the 127% if ever this is filled then i have reach my goal for the week taking 120 pips per week.
