December 13, 2021
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
EUR/USD Weekly downtrend opportunity based on 1.00 Lot Calculation:
EUR/USD, December 13, 2021
Current Price: 1.1293
|
EUR/USD |
Weekly |
|
Trend Direction |
|
|
1.1403 |
|
|
1.1383 |
|
|
1.1363 |
|
|
1.1223 |
|
|
1.1203 |
|
|
1.1183 |
Example of calculation based on weekly trend direction for 1.00 Lot*
|
Profit or loss Short in $ |
-1,100 |
-900 |
-700 |
700 |
900 |
1,100 |
|
Profit or loss Short in €** |
-975 |
-798 |
-621 |
621 |
798 |
975 |
|
Profit or loss Short in £** |
-830 |
-679 |
-528 |
528 |
679 |
830 |
|
Profit or loss Short in C$** |
-1,404 |
-1,149 |
-893 |
893 |
1,149 |
1,404 |
* 1.00 lot is equivalent of 100,000 units
** Calculations for exchange rate used as of 13:00 (GMT) 13/12/2021
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.
*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Client Manager for more details