Why we are reducing risk for JPY pair!

EurJpy6june

Counter : EurJpy

Direction : Long

Technical Description : Uptrend on Daily Time Frame. Very strong support level at 123 level. MACD on our favour for reversal.

Reward : > 200%

If we do take this trade, we will be reducing our risk as we are overly exposed to Yen Pairs.

Below are the two trades that we have taken and are now part of our portfolio. If we do add EurJpy, it risky to maintain the same risk. If for some reason, should Yen strengthen further, all our trades may be hit with stop losses.

If you want to get the full set up, join us in our FB closed group here.
https://www.facebook.com/groups/tradesnprofits

 

JPY6june

 

Bullish market but will S&P hit new high?

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Market have been very bullish but till when will this bull play take place?

Well we do not know if market is going to crash, but here is our take on SnP next couple of days. If market with stand the current support, we will see snp hit new high soon.

Counter : S&P500

Direction : Long

Technical Description : Uptrend, riding on bullish momentum. 4 hr and 30 mins on support.

Reward : 200%

Join us in our FB group to see how we enter this trade live!

https://www.facebook.com/groups/tradesnprofits

 

That 1 trade with 600% returns

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Did you manage to follow our trade ideas on GbpJpy!?

In our group we traded UsdJpy and AudUsd, but unfortunately we were hit with stop losses for this two trades.

Thankfully the opportunity on GbpJpy came with great returns of 600%. We were given 2 chances for entry on this one. One on the 24th May and the other on 25th May. The trade entered on 24th gave us a return of 200% and 25th about 400% if trader holds till our max profit level.

This is the kind of trade that each trader must have to survive in the market. With this trade in our pocket, we are now able to get in the market knowing that we are able to have 6 losses and we are still on break even.

No one trading strategy is perfect, but when you know how to put an edge to it we can look to generate extra income from the market.

If you are keen to learn, do join us for free. Just click on this link and get access to all our trade ideas. You are also free to ask questions that will help you on your trading journey.

https://www.facebook.com/groups/tradesnprofits

Accuracy in trading + 250% on AudJpy!

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Did you get our 250% trade set up?

We have posted in our group and if you have not join us, click on the link below and get access for FREE.

https://www.facebook.com/groups/tradesnprofits

We have also posted this on our Instagram incase you miss the group.

Now, if we look back at the trades above, you can see that we have 1 win and 1 lost this week. As you can see, 1 lost will have no impact on our gains as we always aim for 200% and above or in another term a risk to reward of 1 : >2R.

Why >2R? Reason is because we are not accurate so we need to have an edge in our trading to survive in the market. With this practice, this means over 10 trades if we have 6 losses vs 4 wins our end result will still be positive. Cos your wins are multiplied by 2.

There are days when we can aim 400% – 500%, which will be a boost on our Trading account and that is how we grow our wealth progressively at Trades&Profits.

Trading growth is measured over many sample trades, it’s almost impossible to grow it with just one or two trades as we are not accurate. But having an additional advantage like rewarding each trade more than 2R will help us in the long run.

If you have the time, look at how the bookies and casino run their business, every wins they have are always bigger than their losses if it’s a 50 – 50 game. They create this edge over the gamblers.

We want to succeed making you succeed!

FB Sharing

Before you read on, Click the link below and join our Trading community for free. In this community you are free to ask us any questions that is trading related.

https://www.facebook.com/groups/tradesnprofits

The group is starting to grow and we are glad to get this started. We are very eager to make this one of the best trading group but before that happens, we have to remind many traders the basics of trading. The reason for this is because we realize many traders “know” how to trade but they just simply forget the basics and start to bust their account within a couple of months.

In many cases, traders are suck in too much by greed that they forget the importance of position sizing. Many traders do not understand the risk they are undertaking expecially when trading on leverage product such as CFD or FX.

Trading on leverage gives you the ability to trade the same exposure on smaller capital, and in many cases with better spread and commissions. However many traders use it the wrong way that they increase their exposure by using the same amount of capital. When this happens, the risk that the trader undertakes automatically multiplies in accordance to the margin that is given.

Example :

Table A

$20 000 Exposure used correctly
Cash Leverage 10X
Counter Price $1 $1
Size 20000 20000
Capital Required $20,000 $2,000
Counter Price Moved $1.50 $1.50
Difference is move $0.50 $0.50
Profit&Loss 10000 10000

Table B

$20 000 Exposure used incorrectly
Cash Leverage 10X
Counter Price $1 $1
Size 20000 200000
Capital Required $20,000 $20,000
Counter Price Moved $1.50 $1.50
Difference is move $0.50 $0.50
Profit&Loss 10000 100000

If you see the example on Table B, because of over sizing and maximizing the capital on account, the trader is actually having a total exposure of $200000 instead of $20000.

So in a nutshell, traders please remember to do proper position sizing and stick to the amount of risk that you have allocated. Over trading, is one of the fastest way a trader can bust their account.

 

 

 

 

Profit on EurGbp, short GbpJpy and join our FACEBOOK group

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We took profit on EurGbp but only 150%. Do catch us in our Trading community where we share our trade set up and update traders on how we manage our position and entry levels.

Click the link below and join our Trading community for free. In this community you are free to us ask any questions that is trading related.

https://www.facebook.com/groups/tradesnprofits

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For today, we are taking a positional banging on GBP to weaken.

Counter : GbpJpy

Direction: Short

Technical Description : Downtrend on weekly time frame with multiple support level tested. Price action on Daily shows a sign for correction. Double top seen.

Reward : >200%

 

Join our group and make money together!

Search “trades&profits” on Facebook and join us to get the first hand information on our trade set up.