FX:AUDCAD   Australian Dollar/Canadian Dollar
Probably a trade that has a 20:1 Reward: Risk trading setup.

On the 1-hourly chart, we have a Bullish Gartley Pattern that comes inline with our 4-hourly chart, the Bullish Shark Pattern retest and on the Weekly Chart, the Bullish 5-0 Patterns.

If I stretch the final target to the Weekly Chart completion, the returns would be stunning, but this trade could take up to 2 months or a month.

Furthermore, we might have more stop-out then hitting the target in 1 U-Turn, so it is NOT a trade for traders who won't afford to have their trade stop out multiple times and still looking for buying opportunities.

If you are thinking of risking more than you usually do; or you plan to follow the trade blindly; or even worst, not putting your stop-loss, this is not the trade for you.

As a full-time trader, I've been very patient to look for the trade that suits my profile and the trade I'm planning.

I couldn't stress any more by saying trading is more like a business than a job. It is not the number of deals you do, but the 1 you chose to take and the 1 you chose not to participate.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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