Good evening, dear traders. Congratulations to all Orthodox Christians on Christmas! I wish you well and financial well-being!
As you have probably already noticed, I often trade certain cross-courses using the grid method. And today, as an example of one of them, I will show how you can spread the correct network of limit purchases on the highly oversold AUD/CHF instrument.
Please note that such counter-trend sets should be carried out only after fairly strong passes and an understanding of the average rollback for the pair. You can see some part of these numbers on the screen on the left with a 5-digit dimension.
Now, if you use the lot increase coefficient, you can calculate it according to the trader's calculator.
Good luck in trading and control the risks!
The material has been provided by InstaForex Company - www.instaforex.com