Audcad h4 swing
Need 3 trades of same size for this strategy…NO LIMIT ORDERS AND CONSIDER SPREADS
SL at 1.5 atr from entry(0.93626)
Break even with 5 pips away from entry(consider spread)and take 1st TP when price reaches 1 atr(0.92950)
2nd target profit at 1.5 atr from entry(0.92829)
Then trail stop with 1.5 atr from entry or close the trade with 3 atr(0.92472) profit
SL at 1.5 atr from entry(0.93626)
Break even with 5 pips away from entry(consider spread)and take 1st TP when price reaches 1 atr(0.92950)
2nd target profit at 1.5 atr from entry(0.92829)
Then trail stop with 1.5 atr from entry or close the trade with 3 atr(0.92472) profit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.