AUDUSD TRADING PLAN EXAMPLE

AUD SHORT AT 1.618 EXT
TOP of the Wedge, RSI

Entry: 0.7661
SL: 0.7680
TP: 10 times of THE RISK, 0.7461

Lot Size Calculate:
20 pips, Risk Amount: 200 USD
Trade: 1 lot
Potential Gain: 2,000 USD

My students are trained to write
this kind of trade plan for every single trade.

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For a Complete Trading Plan, Please include:

Reasons to Enter

Entry
SL:
TARGET
Risk/Reward
Lot Size

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NOW WE HAVE PROFIT AND IT BREAKS THE TREND LINE

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PULL BACK RETEST

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ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:

Stop Loss hit, exit at 0.7681, lose 20 pips for 1 lot, USD 200.
exit first, that is the decipline, we move to the next good trade.