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TAKE IT EASY USDCHF POSSIBLE LONG

업데이트됨

As the title no more vast thought, simple idea Falling Wedge upward line has been breakout clearly, chasing Fibo Retracement 61.80% and above. Overall the "Long" (buy) sentiment for USDCHF looks good from the price action. DXY doing well too.

액티브 트레이드

Back in last days, I had some good feeling on the sentiment of USDCHF upward momentum and hopefully, price action did what I felt. I had entered the market on 26/09/2018 at price level 0.96974 (10k mini lot) long (buy) and my first trade was awesome I grabbed my 100 pips equivalent to $100 successfully profited oh yeah! I had already made a predetermined plan for my trade. My plan was to keep 100 pip stop loss and Risk To Reward wasn't pretty good 1:1 (ratio) so, talking about my first trade yeah I passed successfully 1:1 (ratio) and my another plan was to add 10k mini lot in every 100 pip achievement so, I had a buy stop on price level 0.97973 (2nd trade) which got fired yesterday night after my first trade made 100pips. The whole concept and benefit of adding another trade with the same position size 10k mini lot were to maximize my total profit, Risking my new trade on profit amount from first trade and building a whole Risk-Free-Trade which I call "Scaling in on winning trade". Now, let's wait and watch what our next market week brings us for our trade setup. The best thing about my current trade is that "IT IS NOW A TOTAL RISK-FREE TRADE" How? As you can see my 2nd trade and 1st trade has the same per pip value ($1) and position size (1 mini lot) it is like if I even lose -100 pip from my 2nd trade I will be in breakeven (no gain, no pain) cause I already had profited from my 1st trade ($100) which I'm gonna risk for my new trade (2nd). I don't care if I lose my profit amount as long as my original capital isn't in danger so, I will make my own trend by holding 2nd trade till 60-80pip negative and wait if it will really climb furthermore or not! oh yeah! :D

Watch the below picture for my above trade setup:

노트

Whaaa....! Now that's what I wish for nearly to my new target (3rd Position level). Will add some more 10k lot if it reaches that new target. Will update if the price reaches.

노트

Finally, after the 1st target level was reached now I again reached on 2nd target level! Total risk-free trade now oh yea!
Total pips grabbed = 300 pips (1st trade 200 pips + 2nd trade 100 pips)
Total profit = $300 ($1 * 300 pips).
Active position = 3 ( 1st + 2nd + 3rd newly added)
3rd target level = 0.99965
Won't be leaving this trade till know its highest peak! Will examine the long on risking profit amount!
tradingview.com/chart/erfiv10O/

노트

Decided to not act cool. Risking some portion of profit amount to make some room to let price breath for the 3rd position level so, in hope that it may rise further. If the stop-loss which I set at price level 0.98175 (100pips) gap from current MP will get hit it will be also a trailing stop level for my 2nd and 1st level trade. Our plan is to close all three level trade in an instant if only the 3rd level SL is touched ever. If the trade ever closed the I said then the 3rd level will eat up 2nd level profit, the 2nd level will be breakeven and the 1st level will still have some remaining profit like 100pip+. Let's see either I will lose some profit or can successfully add a new high entry level (4th) which I really wish for damn! It's all I got to test at the moment.