FX Day 1: Trading Pairs: USD-CAD

in #fx6 years ago (edited)

Mar. 8/18

Well, looks like I’ve gotten into the Foreign Exchange trading world sooner than expected. The information and strategy used for FX on this blog will be limited. For this current month, I will be testing one trading strategy with an account balance of US$525 before moving on next month. The following month, I will add up to four strategies and an account balance of US$5,000.

Day 1
Pair: USD-CAD
EX: MT4
Time: 1Day

Starting Capital: $525
Account Risk: 2% max.
Risk per Trade: volume: 0.02 units (2 micro-lots)

Order Type: Pending: Buy Stop
Entry: 1.2905
R:R: 1:1
Pips: 73
PT: 1.2978
SL: 1.2832
Profit: $11.25
Balance: $536.25

Trade Time: morning
Strategy: Trend: Uptrend
Filters: ST + EMA + WP
Found: N/A
Sizing: 0.02 units

1. FX.jpg

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