We're back for another weekly Top Trade Review. This time with a trade on the CADCHF for a total of +177 pips of profit and a 4.73R return. In this video we look at the exact price action strategy, stop loss and take profit used to bank this winning trade, along with suggestions to improve trade performance.
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Trading Foreign Exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advisce from an independent financial advisor if you have any doubts.