Showing two scenarios.
taking both trades.
lets see which direction it goes.
taking both trades.
lets see which direction it goes.
Trade active
only going with long at the movement.if there is a fake out, will change direction to other scenario.
Trade closed: stop reached
Trade active
time for the second scenario... R:R is not good though.Note
taking 70% position off the market and setting SL at BETrade closed manually
closing the full trade here. will let the market settle and see the new setup.
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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.