Long trend trading.
The situation is certainly not ideal, all the same, the daylight candle was closed with a large absorption.
But they didn’t close under support and this makes it possible to enter according to a long plan.
Initially, I planned 3 buy orders, but stopped at the entrance from the market + one protective order for averaging. Planned averaging often helps to avoid unnecessary stop loss. And do not confuse the averaging according to plan and the “decision on the go”, when the position goes to minus and the trader averages against an obvious trend.
The situation is certainly not ideal, all the same, the daylight candle was closed with a large absorption.
But they didn’t close under support and this makes it possible to enter according to a long plan.
Initially, I planned 3 buy orders, but stopped at the entrance from the market + one protective order for averaging. Planned averaging often helps to avoid unnecessary stop loss. And do not confuse the averaging according to plan and the “decision on the go”, when the position goes to minus and the trader averages against an obvious trend.
Note
tradingview limits the number
open publications up to 10 per day, so part remains closed ....
Trade active
Trade active
Trade closed: target reached
the first goal - primary resistance was tested, the pending order was closed at breakeven, as the situation changed, the calculation was for faster movement ....
Note
closed early ... but the required minimum was nevertheless taken))
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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.
Related publications
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.