USDCHF SHORT 4-H QUARTER THEORY & PRICE ACTION
I think the USCDCHF is going down (short) because the Price broke the Mayor Whole Number 1.00000 in the past and also the Price cross the Large Quarter Point 0.97436, also the Price is bellow the 50 M.A. The rules for entry are the following:
Entry in the position if:
1) Price cross the Large Quarter Theory Point: 0.974362
2) Price is bellow the 50 M.A
3) Price reverse to 50 M.A
4) Price cross the support ( 100 pips Range from the Quarter Point)
5) Price cross the shutting are 25 pips from the 100 pips range.
Money managements rules:
1) maximun risk for trade 1 % of the total amount account
2) risk reward 1:2
3) entry reference point: 0.96303
4) stop loss: 0.96729
5)take profit: 0.95451
Trading tips:
1) always follow the rules
2) protec the account with size calculte in all position
3) control the emoción
4) accept the loss
5) minimun risk reward 1:2
6) think in the long term
Regards
Entry in the position if:
1) Price cross the Large Quarter Theory Point: 0.974362
2) Price is bellow the 50 M.A
3) Price reverse to 50 M.A
4) Price cross the support ( 100 pips Range from the Quarter Point)
5) Price cross the shutting are 25 pips from the 100 pips range.
Money managements rules:
1) maximun risk for trade 1 % of the total amount account
2) risk reward 1:2
3) entry reference point: 0.96303
4) stop loss: 0.96729
5)take profit: 0.95451
Trading tips:
1) always follow the rules
2) protec the account with size calculte in all position
3) control the emoción
4) accept the loss
5) minimun risk reward 1:2
6) think in the long term
Regards