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TradingKitchen
Joined
Sep 18, 2019
Connections:
0
Experience:
More than 5 years
Location:
Italy
Profile
Bio
FREE trading signals on Forex
Intraday for SPX500 and DAX
Website: www.tradingkitchen.com
Telegram: https://t.me/tradingkitchen
Intraday for SPX500 and DAX
Website: www.tradingkitchen.com
Telegram: https://t.me/tradingkitchen
Trading style
--- HOW DOES IT WORKS? ---
Every day, at 9am, we will send a panoramic view on the market with the POSSIBLE entries of the day.
After our analysis, ONLY IF SPECIFIC CONDITIONS ARE SATISFIED (ovviously) we give signal.
--- INTRA or MULTIDAY? ---
Our strategy includes both intraday and multiday trades. Generally, we try to close everything at the end of the session and NEVER we hold the trade open over the weekend. That's the reason why we try to stay away from the market form 2pm on Friday. For the same reason, we usually don't open any position on monday morning.
--- HOW SIGNALS ARE? ---
Every signal consist of:
-Number of the trade (just to make every monthly report easier for you to read)
-Trading Instrument (Forex, Index or Gold)
-Sell (PENDING ORDERS as well)
-Precise entry price
-Precise Take Profit Level
-Precise Stop Loss Level
-Size to use
--- HOW SIZE IS CALCULATED? ---
we use myfxbook.com.forex-calculators.position-size
Every trade considers a 1% Risk of a 1000$ total balance.
So you have to multiplicate the size every 1000$ you have
(example: if our size is 0.02 and your balance is 3000$, your trade size will be 0.06)
--- MONEY MANAGEMENT ---
In our opinion, a good trader, uses very stricted rules and try not to lose before his profits. Even if TP is too far, the Risk Ratio of every trade is 1:2. Sometimes we close the trade before TP (or SL) because of the instability of the market
Every day, at 9am, we will send a panoramic view on the market with the POSSIBLE entries of the day.
After our analysis, ONLY IF SPECIFIC CONDITIONS ARE SATISFIED (ovviously) we give signal.
--- INTRA or MULTIDAY? ---
Our strategy includes both intraday and multiday trades. Generally, we try to close everything at the end of the session and NEVER we hold the trade open over the weekend. That's the reason why we try to stay away from the market form 2pm on Friday. For the same reason, we usually don't open any position on monday morning.
--- HOW SIGNALS ARE? ---
Every signal consist of:
-Number of the trade (just to make every monthly report easier for you to read)
-Trading Instrument (Forex, Index or Gold)
-Sell (PENDING ORDERS as well)
-Precise entry price
-Precise Take Profit Level
-Precise Stop Loss Level
-Size to use
--- HOW SIZE IS CALCULATED? ---
we use myfxbook.com.forex-calculators.position-size
Every trade considers a 1% Risk of a 1000$ total balance.
So you have to multiplicate the size every 1000$ you have
(example: if our size is 0.02 and your balance is 3000$, your trade size will be 0.06)
--- MONEY MANAGEMENT ---
In our opinion, a good trader, uses very stricted rules and try not to lose before his profits. Even if TP is too far, the Risk Ratio of every trade is 1:2. Sometimes we close the trade before TP (or SL) because of the instability of the market
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