Cara Menggunakan Risk Reward Rasio di Forex || How to Use Risk Reward Ratio in Forex

Cara Menggunakan Risk Reward Rasio di Forex || How to Use Risk Reward Ratio in Forex

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So, limit the transaction limit the loss with around 1-2% of the budget What matters is it suits our trading style That's what we can say for now Any question? Good night, sir "I have sell below, at 1750" -It's very far "Yes, around 20 points" "The previous candle had rejection "I hope that it'll go down correction" This position would be hard to go down The direction is going up. It went up Then, there's correction. I'll draw the line If there's correction and it goes back, it's dangerous. Usually it'll go stronger This is the correction, then it goes back up If it breakouts here usually it'll go stronger If it's turning down, there'll be clue. For now, there's no down clue There's rejection here, but it's very small There's seller rejection above, but buyer is still domating This rejection was done when it went down here This was red at first So, it's done This seller rejection above continued here Now, it's rejected up again. Now, we test it at this edge We test the high here. If it goes stronger

don't hope for it to go down long. It'll go up stronger Until now, it's still not going down There's potential. But, based on the condition, it'll go up "There's tail above, sir" "At the running candle, there's tail above" We can't see it yet. If it's closed as red

we don't wait, but we do a recovery If it's red, we order sell here When it goes up, then becomes red, we order sell here This sell helps to save the below one Don't wait it to go down there, it'd take a very long time We wouldn't be able to monitor it until morning In conditions like this, do an early recovery if it's clear We can see it if there's rejection and form of red If it becomes thick red with no rejection, we can sell But, we only do it quickly to reduce the loss below Because it's really far It's more than 2000, so it'd be hard to go back there Maybe it could go back tomorrow, but it'd be hard for today So, get used to do recovery to save the loss The lot can't be the same, we must raise the lot But, remember. We raise the lot Meanwhile, the distance is too far Our loss limit is around 400-500 pips. 1000 is maximum especially more than 2000, it'd be hard If we save it here and get some profit Wait until it's here if it's going down Here. So, there's some distance. Let's measure it, around 400 400 in a candle may be hard. Take around 100-200 in a candle In Europe market of gold, it's pretty easy. But, it's hard in Asia market

If we force to get 400, it could go up again and we'd be more nervous If there's long red, it's fine. If the red is small, don't do it If it becomes thick red, it could be a turning sign 2 long rejections could be the trigger to go down "Even if it goes down, it wouldn't reach 20 points, right?" -It'd be hard for it to go to 1750 area At least reduce the loss Any other question? "I'd like to ask. What does 1:2 risk and reward ratio?" That's risk and reward ratio, I'll explain it Risk and reward ratio is a comparison. It's called as RR

Risk and reward ratio It means the loss and the profit we measure it. Say, 1:1 So, the loss management Let's say the loss potential is 100, then the profit is also 100 pips Or 1:2, if the loss is 100, then the profit is the twice of it 1:3 is like 100 loss and 300 profit Our SL is at 100 pips, then the TP is at the 300 pips 1:2 is 100 pips loss potential, then 200 pips profit potential If we make it as a journal the SL is 100, the TP is 200 That's the reference "If we use 1:1, the SL is 100 pips, then the TP is 100 pips" Yes, that's the calculation "Which one is better, 1:1 or 1:2?" 1:2 is better, because the TP is twice of the SL Logically, 2 wrong transactions can be covered by 1 right transaction, so it's not a loss But, that's narrow Widely, risk and reward ratio, if we calculate the loss and profit If we use 1:1, it's a draw, no loss Loss 100, profit 100. That's the cumulative From those much loss and profit it's the same amount, neither loss nor profit But, if we use 1:2, in a daily cycle, say, the profit is 1000 The loss is 500 or 300, so it's twice bigger So, we don't just count the SL and TP If we calculate it by SL and TP, it doesn't suit short-term trading Our SL would always be touched If we do that, we use it to do mid to long-term trading We can't use for just 1 or 2 days It won't be found It's for mid to long-term trading If we do day trading or scalping, we can't apply it Let's say we place SL at 500 pips Or, we can place the SL around 100 The TP is 200 The SL would be touched lots of times The TP is 1000. Before the TP is touched, the SL is touched first

It's too high. -"What if we reverse it?" "Like 2:1" It's fine I even say to the friends to put the loss limit a bit farther Our purpose is not SL Stop loss is only for covering our capital If we set it near, our SL would always be touched and we'd lose Usually I limit it around 400-500 pips, which is pretty far But, the profit is not 1000 I even only recommend to take 100 pips in normal condition Meanwhile, SL is only for preventing It's for preventing a long loss Our budget is still safe When there's loss, we can do recovery so we can reduce loss RR is fit for mid to long-term trading I'll give an example so you can understand more Then, try to apply it We can even use the trigger that we taught in long-term trading Usually it's in the swing trader, order at the swing high or low How? If we learn price action, the way is the same The triggers are the same There are many psychology levels around here This is psychology level It tried to breakout up, but failed Why? It tried to breakout, but back to seller We order sell at this psychology level, and it goes back down It tried to breakout, but it went back again We order when it's starting to go down, here Let's say we order sell here It's for long-term trading We order sell here. Let's determine the target Where's the target? Let's use this psychology level Here Measure the distance, it's 1062 It means the SL is the half of it 531 It's fine to do it Let's measure 531 above So, it's around here Around 500, we can place the SL there This is the SL Meanwhile, the TP is here. But, we must do long-term trading Usually, long-term trading uses D1, not H1 time frame The SL isn't touched, but the TP is touched here It takes a pretty long time. Can we wait on this long move? Can we stay for long? We get it after the day changes That's the way Long-term trading is fine. When it goes down, there's rejection There's rejection, then green is starting It can be a trigger too. We order buy here

The trigger is 2 confirmed candles. Order buy there Determine the target Let's say the target is 1000 So, it's at this edge The SL is 500 If it's touched, then that's the risk Trading has risk. The risk is here 520 pips 520 pips is around here 520 pips, it's around here Let's mark it with a red color The below one is SL. The above one is TP

Which one will be touched? It goes down first, but it's not touched The SL is touched. That's the risk. When there's consolidation don't enter, because consolidation is flat That's the risk. Will it... ...has a big profit chance? If we use 1:2 2 failed transaction, then 1 successful, we don't get loss Long-term trading uses D1, which is more valid We order when the condition is starting to be clear Order buy when it can be seen. We order buy here For example, the target is here It's at a psychology level. Measure the distance Long-term trading is more valid when we use high time frame This is the distance So, we place the SL here Let's slide. It's touched At the psychology level, it's touched. Remember, 1 candle per day

Because we do long-term trading We can't use low time frame in long-term trading, D1 at least Even most people use W1, but D1 is enough That's the way. You may test it Any other question? -"I'd like to ask, sir" "I still don't understand about 2 long rejections trigger" "Like, there's 2 long rejections" "but 1 is buyer rejection, the other 1 is sell rejection. It was at 9th of September" Let's see the 9th of September "This one, sir. 9th of September. There's red candle" "There's high rejection of seller" "Then, the next candle has a long rejection of buyer" Which one? "This one" "There's 2 long reds" "The other one has a buyer rejection" What I mean is the same rejections, which is below "So, it must be 2 buyer rejections?" -Yes These are buyer rejections If seller, it must be 2 seller rejections not 1 buyer, 1 seller These 2 have different ways What I mean is the rejections go one way, either up or down 2 rejections, either above or below If above, there must be 2 tails above. The color doesn't matter because this is a one way rejection 2 rejections, but they go one way "Thank you, sir" -You're welcome Any more question? Thank you everyone. Hope this helps us to improve our trading quality In order to be able to survive long in trading keep learning and correct the mistakes you did Thank you. Good night and Assalamualaikum wr. wb.

2021-09-30 17:24

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