GBPCAD LONG

2022年5月26日

GBPCAD formed a Ascending Triangle on a H1 Time Frame, and there was a break out to the upside, we expecting a bullish continuation (Three white solder candle stick formation )

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.

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