All levels are mentioned on the chart it self
Safe players can wait for a pull back and enter as per levels
Risky people can enter according to their risk management.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
Safe players can wait for a pull back and enter as per levels
Risky people can enter according to their risk management.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
Commentaire:
Exit half of the rest @ 480
SL shifted to cost now @ 342.5
SL shifted to cost now @ 342.5
Commentaire:
Exited at Cost 342.5
Entered BNF 39300 PE 20oct @ 342.5 with an SL of 40 rs
It has already achieved 1:1 so exited half @ 382.5 and SL not shifted to cost tho because of so many wicks
lets see how it goes