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austinlmkc

USD/CHF - Trade 1 - $5000 with 5%

Long
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
austinlmkc Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Beyond Technical Analysis tradeidea levels riskreward profit loss Forex
4
0
trendanalysis chartpattern beyondta tradeidea levels riskreward profit loss forex
  • If I were to enter this trade with a 5% risk with a $5000 account

  • Profit = $1262.02
  • Total Amount = $6262.02

  • Loss = $250.00
  • Total Amount = $4750.02

  • Total Trades = 20 with a 5% risk
  • Goal = < 50% Win Rate

  • Key Points:
  • Fibonacci Level
  • Support - Resistance - Key Levels
  • 61.80% Lined up with support level
  • Trend line + Support level = Trading Range (Area between trend line and support)
  • -38.20% level would be maximum profit?
  • Support level would be maximum profit?

  • Trade 1 Result = ?

Comment:
Trade 1 Result = Loss

Possible Re-Entry at Support?
Comment:
Why would I sell at this point? Possible break at bottom trend line and then hit the re-test?
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