You may close all if satisfied or set be to trade at zero risk, #EURAUD running 13pips✅
The Royal Matador FX
Sell Gold @ 1862-1865 Sl : 1867 Tp 1 : 1860 Tp 2 : 1868 Enter small lot first and bigger lot at 1865.4 zone.
Zero Float Running 18 pips ✅
Scalpers can collect some quick profit again as there’s a stronger zone later.
Scalpers can collect some quick profit again as there’s a stronger zone later.
GOLD SELL NOW @ 1862.500 - 1865.500
TP1 - 1861.000
TP2 - 1859.500
TP3 - 1850.500
SL - 1868.500
TP1 - 1861.000
TP2 - 1859.500
TP3 - 1850.500
SL - 1868.500
XAUUSD sell now @ 1863.55-1866.55
SL : 1868.55
TP 1 : 1862.05
TP 2 : 1858.55
TP 3 : 1853.55
SL : 1868.55
TP 1 : 1862.05
TP 2 : 1858.55
TP 3 : 1853.55
The Royal Matador FX
gold sell now 1862.90-1865.90 sl:1867.90 tp:1860.90 tp:1851.90
I said I want to sub
The Royal Matador FX
Gold sell now @1864 - 1867 SL 1870 TP 1862 TP 1860 TP 1854
Done +32pips hit TP1 🚀🚀🚀
Again.. hit take profit in Vip
Again.. hit take profit in Vip
Forwarded from VIP The Royal Matador
XAUUSD Sell now 1861.30
TP1: 1859.80
TP2: 1858.30
TP3: 1855.30
SL: 1866.30
Use suitable lot sizes based on your capital. Money management is key
TP1: 1859.80
TP2: 1858.30
TP3: 1855.30
SL: 1866.30
Use suitable lot sizes based on your capital. Money management is key
📈 USDCAD SELL 📈
👉🏻 1.2783
💰Take Profit 1 - 1.2733
💰Take Profit 2 - 1.2683
💰Take Profit 3 - 1.2633
❌Stop loss - 1.2883
👉🏻 1.2783
💰Take Profit 1 - 1.2733
💰Take Profit 2 - 1.2683
💰Take Profit 3 - 1.2633
❌Stop loss - 1.2883
📈 GBPCAD BUY 📈
👉🏻 1.6072
💰Take Profit 1 - 1.6122
💰Take Profit 2 - 1.6172
💰Take Profit 3 - 1.6222
❌Stop loss - 1.5972
👉🏻 1.6072
💰Take Profit 1 - 1.6122
💰Take Profit 2 - 1.6172
💰Take Profit 3 - 1.6222
❌Stop loss - 1.5972
The Royal Matador FX
Done +32pips hit TP1 🚀🚀🚀 Again.. hit take profit in Vip
Tick tick boOm! Hit TP2 +50pips Running🔥
Come on guys, this is Sir !!! ✅
Come on guys, this is Sir !!! ✅
Forwarded from VIP The Royal Matador
Percentage in Points (PIP)
PIP is the value of change in a pair. It is the price movement that can be made with an exchanged rate of the forex market.
So how do you calculate it?
Sample:
BUY SIGNAL @ 1.24683
TP: 1.25683
SL: 1.24583
Your TP is +100 PIP and your SL is -10 PIP 😌
PIP is the value of change in a pair. It is the price movement that can be made with an exchanged rate of the forex market.
So how do you calculate it?
Sample:
BUY SIGNAL @ 1.24683
TP: 1.25683
SL: 1.24583
Your TP is +100 PIP and your SL is -10 PIP 😌
Forwarded from VIP The Royal Matador
Using Leverage in Trading
Leverage enables your trading strategy by using money that you loan. The goal is to make big profits!
Leverage Types
1:1 = 100%
1:50 = 2%
1:100 = 1%
1:200 = 0.5%
1:1000 - 0.1%
Remember, leverage comes with its dangers too if you don’t know how to utilise it.
You can overtrade, increase your changes of Margin Call (Total Loss) and the higher the leverage you take, the higher the risks.
Always know your risks before going into a trade okay!
Leverage enables your trading strategy by using money that you loan. The goal is to make big profits!
Leverage Types
1:1 = 100%
1:50 = 2%
1:100 = 1%
1:200 = 0.5%
1:1000 - 0.1%
Remember, leverage comes with its dangers too if you don’t know how to utilise it.
You can overtrade, increase your changes of Margin Call (Total Loss) and the higher the leverage you take, the higher the risks.
Always know your risks before going into a trade okay!
Forwarded from VIP The Royal Matador
Bid, Ask & Spread
These are terms that you must familiarise yourself with immediately before you start trading on any platform.
Bid: The price you SELL
Ask: The price you BUY (Usually higher than Bid)
Spread: Broker charges
Every pair has different spread set. Some brokers used fixed spreads and there are those that charge in the shape of floating trades or even, both.
These are terms that you must familiarise yourself with immediately before you start trading on any platform.
Bid: The price you SELL
Ask: The price you BUY (Usually higher than Bid)
Spread: Broker charges
Every pair has different spread set. Some brokers used fixed spreads and there are those that charge in the shape of floating trades or even, both.
Forwarded from VIP The Royal Matador
How to Reduce Risks When Trading
You must ALWAYS set your Stop Loss (SL) and Take Profit (TP) on each entry. This is the only way you can calculate the risks you take properly and make calculated decisions.
Take Profit
Set a target and take profit. It can be divided into 20 PIPS to 100 PIPS.
Stop Loss
Limit whatever losses you may face. This can be used from entry of 30 PIPS to 50 PIPS.
Use a step win ratio!
1:2 = 10 PIPS (SL) : 20 PIPS (TP)
You must ALWAYS set your Stop Loss (SL) and Take Profit (TP) on each entry. This is the only way you can calculate the risks you take properly and make calculated decisions.
Take Profit
Set a target and take profit. It can be divided into 20 PIPS to 100 PIPS.
Stop Loss
Limit whatever losses you may face. This can be used from entry of 30 PIPS to 50 PIPS.
Use a step win ratio!
1:2 = 10 PIPS (SL) : 20 PIPS (TP)
Forwarded from VIP The Royal Matador
Setting your Breakeven (BE)
BE is a step to protect your capital or balance from experiencing any loss after making profit!
Basically, making bits of profit while minimising any losses when trading.
You can set your BE by shifting your SL to before price action.
You can see a sample from the image above. Left is for Stop Loss (SL) and on the right is once Break Even (BE) has been done.
I hope this was useful to you 🤟🏻
BE is a step to protect your capital or balance from experiencing any loss after making profit!
Basically, making bits of profit while minimising any losses when trading.
You can set your BE by shifting your SL to before price action.
You can see a sample from the image above. Left is for Stop Loss (SL) and on the right is once Break Even (BE) has been done.
I hope this was useful to you 🤟🏻