Head & Shoulder
This pattern is broken to two ✌🏻
1. Head & Shoulder
2. Inverted Head & Shoulder
Head & Shoulder works as a pattern for us to identify a sell setup. We will sell once we see the shaping of the 1st Shoulder & Head.
So, we will buy at the 2nd part of the Shoulder.
Head & Shoulder: SELL ONLY
Inverted Head & Shoulder also functions the same but we look for a buy setup at the 2nd Shoulder.
Inverted: BUY ONLY
Chart Patterns
These are the chart patterns usually found with the #GOLD pair. It's easy to trade it, trust me! Take a look at the chart patterns one by one.
This usually happens before the market starts to speed up. It can be considered as an indicator to the change of a market's direction.
I always say… “set BE”
So… what is BE?
It means BREAKEVEN!
BE is a step to protect your capital or balance from experiencing any loss after making profit!
Basically, making bits of profit while minimising any losses when trading.
You can set your BE by shifting your SL to before price action.
You can see a sample from the image above. Left is for Stop Loss (SL) and on the right is once Break Even (BE) has been done.
I hope you find this useful!
✅ Risk Management Tips
🔸 Don’t Risk more then 2% of equity
🔸 keep your free margin over 60%
🔸 keep your Eye on the news
Please follow instructions carefully.
=======================
‼️It is highly recommended to follow this risk management strategy
🔹$100-$200=0.01 lot size (Max 5 trades)
🔹$300-$400= 0.02 lot size (Max 5 trades)
🔹$500-$600=0.02-0.03 lot size per trade (Max 5 trades)
🔹$1000=0.05 lot size per trade (Max 6 trades)
🔹$2000=0.10 lot size per trade (Max 7 trades)
🔹$3000=0.15 lot size per trade (Max 7 trades)
🔹$4000=0.20 lot size per trade (Max 7 trades)
You can follow your Money and Risk management. These are just recommended.
Thank you
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Double Top & Double Bottom
Double Top is when the price reaches resistance level twice. Due to strong resistance, the price won't breakthrough and will drop.
Double Top: SELL ONLY
Double bottom is when the price reaches support twice. Due to strong support, the price won't drop and will continue to rise.
Double Bottom: BUY ONLY
How and why should you calculate pips?
1. So we can calculate when trading
2. To set your TP, BE & SL points
3. So you can make calculated risks
Looks basic but it might save you one day!
We've only gone through the basics so far but make sure you absorb this 👍🏻
Step by step okayy
Good day admin I want to invest
How can i deposit I have Usdt available now for my trading investment?
But I did not trade much today it's just that I have some things doing at home so I just trade a little this afternoon
Читать полностью…𝗜𝗙 𝗬𝗢𝗨 𝗔𝗥𝗘 𝗡𝗘𝗪 𝗛𝗘𝗥𝗘, 𝗦𝗘𝗡𝗗 𝗜𝗡 𝗬𝗢𝗨𝗥 𝗥𝗘𝗤𝗨𝗘𝗦𝗧
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@FXGOAT_MANAGER1
GBPjPY Buy Now at 195.900
GBPjPY Buy Now at 195.850 - 195.600
SL - 195.300
TP 1 - 196.200 ✅
TP 2 - 196.400 ✅
TP 3 - Close All ✅
Can i try it with 300? If thats going good and i trust it than i can pay more and more.☺️
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