Trade GBPCHF 12/8/21 FOREX
Hi there it's me Onesiphoro in this Blog I will show you some of my trading experiences on this day 12-8-21 GBP/CHF. I cannot 100 percent guarantee to you guys that I am correct because in FOREX it always 70 percent correct and 30 percent failed but Sometimes Vise versa. The good thing about it why you wonder we still trade in spite of there was a 30 percent failure is because the odds of winning is still great which is 70 percent although not consistent but still during my 3 years experience as a forex trader if you follow the proper way of trading like putting a stop loss in a proper way and trading point you will still find your self profitable at the end of the month.
1 of the main reason as well why still people wanted to trade because of high profit though there is still a risk that can be controlled using the proper risk management like for every trade, you only risk/ trade 1 percent of the total capital. In the picture up and below you will see my live trade and below the close timeline of my trade, below the top red is the stop-loss which is 1 percent of my total capital and the red line below is the trade point or mostly know as TP.
This is the H4 or the 4-hour chart which you can clearly see at the left corner the TP and SL, I hope that this gives you information on how and the condition of the FOREX market on this currency. see you at my next blog, God Willing.
