According to my TOP SECRET STRATEGY AUDUSD will encounter following scenarios in Bearish market:
Scenario 1
Main Position:
Enter Price (market price)
Sell: 0.68464
TP: 0.65
Stop: 0.69 (Stop on Hedge position: 0.729)
Hedge Position:
Buy Stop: 0.69
TP: 0.729
Stop: 0.685
Scenario 2
Main Position:
Sell Limit: 0.69
TP: 0.65
Stop: 0.7075 (Stop on Hedge position: 0.729)
Hedge Position:
Buy Stop: 0.7075
TP: 0.729
Stop: 0.695
Scenario 3
Main Position:
Sell Limit: 0.7075
TP: 0.65
Stop: 0.729
Making profit easier, pay attention to following points:
1) DO NOT Overtrade
2) Money Management is the key point of making profit continuously, so DO NOT Risk more than 1% on each position.
3) Hedge technique needs time and experience, so if you don't have them avoid trying or risking.
4) Patience is the key of making money.
Scenario 1
Main Position:
Enter Price (market price)
Sell: 0.68464
TP: 0.65
Stop: 0.69 (Stop on Hedge position: 0.729)
Hedge Position:
Buy Stop: 0.69
TP: 0.729
Stop: 0.685
Scenario 2
Main Position:
Sell Limit: 0.69
TP: 0.65
Stop: 0.7075 (Stop on Hedge position: 0.729)
Hedge Position:
Buy Stop: 0.7075
TP: 0.729
Stop: 0.695
Scenario 3
Main Position:
Sell Limit: 0.7075
TP: 0.65
Stop: 0.729
Making profit easier, pay attention to following points:
1) DO NOT Overtrade
2) Money Management is the key point of making profit continuously, so DO NOT Risk more than 1% on each position.
3) Hedge technique needs time and experience, so if you don't have them avoid trying or risking.
4) Patience is the key of making money.