Review of back to back CADCHF trades.

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Evening traders

I just wanted to share two trades I've taken in the last two days on CADCHF working the 30M time frame.

In previous Forex ideas I have noted using the strategy I am utilizing on the H1 time frame following trend until next signal presents.

But this strategy is adaptable to how you would like to trade. In this example I have set my parameters to work to a stop loss and take profit setting. The setting is a 1:2.15 risk to reward ratio. Back tested from when I started trading this pair on March 4th in this manner you will see the results at the bottom of the screen are 79% gains on capital. This from risking 2% of capital per trade.

$200 dollars was risked on these trades for a $430 dollar gain on capital. Trade one was a 31pip profit move and trade two a 29 pip profit move.

For any more information on the strategy I am using please feel free to drop me a message.

Penafian

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