Another solid Risk to Reward setup here. I cannot stress how important it is to have a good Risk to Reward ratio under pinning all of your trading decisions. I always look for 5:1, 4:1 or at least 3:1 reward for any capital I put at risk. This means that even if im performing badly and placing more losers than winners, I'm likely to at least break even or even sneak some profit overall.
My reason for placing this short is fundamentally the euro is weak, its main pair EURUSD hit new lows today. While fundamentally the Canadian Dollar is under pinned by strong Oil prices.
In terms of technical analysis, I am targeting a retest of the broken trend line here to provide some impetus for bears.
My reason for placing this short is fundamentally the euro is weak, its main pair EURUSD hit new lows today. While fundamentally the Canadian Dollar is under pinned by strong Oil prices.
In terms of technical analysis, I am targeting a retest of the broken trend line here to provide some impetus for bears.
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
