Want to make money (or lose)? Place the order for USD/CAD
The technical picture is interesting - the breakdown of the support line 1.3900. According to our "4 screens" strategy, all signals allow you to enter the short position (links and screenshots, if allowed, will be added). The risk / return ratio is also good - if you can enter at 1.3900, then you can put a stop at 1.4000, and then break even with the goal of 1.35000 (this is about 1 to 4 in risk management). And of course, do not forget that the maximum risk on a single transaction is no more than 2% (in total for the month 6% maximum for all positions).
I wrote the fundamental rationale in the previous post. I took a lot of useful information from an article on my subscription to the wall Street Journal.
PS 1 And of course we remind you that the risk is not to enter a position, lose money by entering a position, and there is also an over-the-counter risk, when you do not enter a position, you will lose everything if the broker goes bankrupt.
Therefore, we do not invest more than what we are ready to lose.
I wrote the fundamental rationale in the previous post. I took a lot of useful information from an article on my subscription to the wall Street Journal.
PS 1 And of course we remind you that the risk is not to enter a position, lose money by entering a position, and there is also an over-the-counter risk, when you do not enter a position, you will lose everything if the broker goes bankrupt.
Therefore, we do not invest more than what we are ready to lose.