AUDCAD broke the top level of the downwards channel and trying to rebound from the retest zone in the daily timeframe chart. we expecting the pair to retest the key levels listed on the chart.

We taking this trade based on technical analysis and price action.

(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS

Please use proper risk management depending on your account size, Use lot sizes based on these calculations.

Here is a break down of your pip value in ZAR and Dollars

0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26

How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)

So, each time I open (1 Lot size, am exposing R2960 (Down payment)

Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.

Please like and share for more useful content:
AUDCADaudcadanalysisaudcadlongSupply and DemandSupport and ResistanceTrend Analysis

และใน:

คำจำกัดสิทธิ์ความรับผิดชอบ