-
Welcome at Squadron FX! We calculate our risk at 1%.
Open trades:
XAUUSD +1.2%
GBPJPY +1.7%
Pending orders:
//
GBPAUD
Buy (Market Execution) at 1.78450
Stop Loss at 1.7830 (15pips)
Take Profit at 1.8020 (155pips)
https://www.tradingview.com/x/LCNsPnCe/
XAUUSD
Sell (Market Execution) at 1842.75
Stop Loss at 1848.75 (60pips)
Take Profit at 1786.00 (567pips)
https://www.tradingview.com/x/OxoXiSS4/
GBPUSD
Sell at Market ( 1.37380)
SL at 1.37841 (46 Pips)
TP at 1.32556 (480 Pips)
https://www.tradingview.com/x/jpqX5JLi/
USDCAD
Sell Stop at 1.27536
Stop Loss at 1.27701 (16.5 Pips)
Take Profit at 1.26884 (65 Pips)
https://www.tradingview.com/x/QQvX1hyH/
February Week 1 report: (01.02-05.02)
CADJPY -1%
GBPAUD -1%
AUDUSD +2.1%
USDJPY +0.1%
EURUSD +0%
EURAUD +2.7%
GBPUSD +0.2%
XAUUSD +0.2%
XAUUSD -0.34%
AUDCAD -1%
EURJPY -1%
AUDUSD -1%
NZDUSD -1%
CADJPY +0.6%
XAUUSD +1%
Total: +1.56%
In total, we managed to gain 1.6% on our Capital.
What does that mean?
We risk a fixed amount on all our trades. For example, if someone has a 1.000$ account, and decides to risk 30$ on all trades, he is risking 3% of his account on all trades and so, manages the position size a way that he only risks 30$ on each and every trade, even if the Stop Loss is 10pips or 80pips.
This way, we can grow our capital the right way without blowing off the account or ending in loss even after a good Risk to Reward Ratio.
We risk 1% of our total balance, and advise you to also risk a certain fixed amount on the account so that even if we loose 10trades and win 5, we end up as winners because of our Risk to Reward Ratio being high.
We set the Stop Loss at 1800.50 to lock in +1% of the profit.
So far, XAUUSD is up +1.7%.
We move the Stop Loss to Breakeven on XAUUSD.
Currently in +1% profit.
We have NFP data for USD and CAD Employment Data in 1hour and 30minutes.
Читать полностью…
We make CADJPY risk free by putting the Stop Loss at breakeven.
CADJPY is in around 0.7% profit currently.
AUDUSD
Sell (Market Execution) at 0.75960
Stop Loss at 0.76080 (12pips)
Take Profit at 0.7550 (46pips)
CADJPY
Buy (Market Execution) at 82.350
Stop Loss at 82.150 (20pips)
Take Profit at 84.540 (219pips)
https://www.tradingview.com/x/am4YD4Pz/
GBPAUD took us out at breakeven as well. Congrats to anyone who's in.
We will count it as a breakeven trade. We advise those who are still in to put the stop loss at breakeven and let it go as far as it can.
GBPJPY is going back and forth. Currently 0.2% drawdown.
XAUUSD has had a nice drop! Currently +1% in profit.
GBPJPY
Buy at 144,20
Stop Loss at 144,050 (15pips)
Take Profit at 144,930 (73pips)
https://www.tradingview.com/x/07JNw1pD/
GBPAUD
Sell (Market Execution) at 1.78275
Stop Loss at 1.78675 (40pips)
Take Profit at 1.7420 (407pips)
https://www.tradingview.com/x/KmVYuymX/
XAUUSD
Sell at Market (1840.643)
SL at 1850,916 (1027 Pips)
TP at 1794.541 (4610 Pips)
https://www.tradingview.com/x/dCw58Smm/
We delete this one, price seems like it’s on the way to higher levels before we think about shorting it
Читать полностью…
Another thing We would like to add up here is, that we are here for the long term.
In January, we closed our Month in +17.8% profit. We had a week where we ended in +9.9% and also a week where we ended up with +1.5%.
Now you may think that the week was terrible etc, but at the end of the month, we definetly will aim for 10% or higher, and we will share all the process and result in front of you here just like we did last month!
So stay tuned, and thank you for being with us!
Have a nice weekend everyone🥂
That's it from us this week. A weekly report will be posted by tonight.
Thank you for being with us.🥂
We will actively manage the XAUUSD trade here as we have NFP coming up.
Ideally, we want to move the SL to lock +1%, but have to see how Price will behave here.
XAUUSD
Sell (Market Execution) at 1804.00
Stop Loss at 1807.50 (35pips)
Take Profit at 1784.50 (195pips)
So far, we are down -1.04% this week.
CADJPY is still open, around 1% profit. Should we see a positive development in price, we will close the trade in profit to end the week.
Otherwise, in the worst case we get out at breakeven and end the week with -1.04%.
NZDUSD
Buy at Market 0.71591
SL at 0.71469 (12 Pips)
TP at 0.72125 (52 Pips)
https://www.tradingview.com/x/xUqrThVY/
USDCAD H4 Analysis
USDCAD is looking really good for a potential reverse here! We saw price form an Ending Diagonal the last weeks and breaking out of it. This week started with some impulses but currently (Like most of the pairs) USDCAD is ranging here and forming a potential ABCDE Correcition. On the Long term, USDCAD might reverse here alongside the USDollar.
We could follow the 3r Impulse wave and ride it if we are correct on this one. I will be waiting for following Confirmations:
-A successfull retest and bounce off the Trendline Below
-Price Action indicating that Price will move higher
- Break out of the Corrective Contracting Triangle.
We will follow price all the way to the 1,618 projection.
This could potentially give us +8%. For now, we remain at the sideline and watch as Price develops. We will of course keep you updated.
https://www.tradingview.com/x/LAeuUzL4/
EURJPY
Sell at 126.190
Stop Loss at 126.30 (11pips)
Take Profit at 125.60 (59pips)
https://www.tradingview.com/x/XoSmnUnQ/