TYPE : Swing – Oversold level
Time frame signal : Daily
The objetive price was reach it today at 1,6669, earning a total of 408 pips. Maximun drawdown for this trade was 50 pips (-0,44% of the account balance). So the ratio risk/reward is quite good. (8.16). We have made 8,16 dolars per 1 dolar risked.
Remember that the use of trailing stop orders and never averaging o duplicating positions is a good way to control maximun drawdowns and protect your capital
Patient and Trend is all we need to increase our account balance.
Time frame signal : Daily
The objetive price was reach it today at 1,6669, earning a total of 408 pips. Maximun drawdown for this trade was 50 pips (-0,44% of the account balance). So the ratio risk/reward is quite good. (8.16). We have made 8,16 dolars per 1 dolar risked.
Remember that the use of trailing stop orders and never averaging o duplicating positions is a good way to control maximun drawdowns and protect your capital
Patient and Trend is all we need to increase our account balance.