Today’s USDINR pair and earning potential:
- We have discussed before Bullish Engulfing pattern
- Those who have missed before can learn easily from this link How to trade in Indian Currency Trading Market USDINR EURINR JPYINR GBPINR?
- I hope now you have understood how to trade for Bullish engulfing pattern
- The best part of bullish engulfing pattern is the RR ratio. Risk to reward ratio. With minimum risk (Stop loss level) you can earn huge rewards.
- The one, who understand this concept, will keep his account always on positive side.
- Keeping it very simple let’s look for today’s market
- As shown see the bullish engulfing pattern. You can take entry just above it & wait for the target to achieve
- As shown the total risk taken will be around ~ 5 paisa, which and profit of ~20 paisa.
- Taking a profit of 20 paisa, is kind of a month target or one week target.
- Isn’t that easier one. Rather than being hasty and emotional wait for the right candlestick pattern and make the entry. IF you have appropriate RR Ratio no one can stop you from earning money in this market.
Wishing you, All very best for trading. If you have question or information need please post me on below mentioned email.
- This is the best place in the world to start making Money.
- All those who have decided OR Want to change their living, Want to be financially free using Currency/Forex Trading Concept, this is for you
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