Saturday, August 26, 2017

Ask Corner

Your Opinions or Questions is important to me Write down below



Friday, August 25, 2017

Aud Usd Butterfly pattern 60 min


details to be follow

lately im calculating how much i risk compare to how much i will Profit. and for this trade I found it very favorable as to how much to risk. although my trade is still in progress .

Tuesday, August 22, 2017

Butterfly pattern


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.