Hello traders!
This trade is in play, 1st of the week. There is a 40 pip target between lines C and D,
although my current target is set at 80 pips from the C line because price is coming
off a three point decline from line A. I will take full or partial off at the C line if price
reaches the 1st target.
This trade can also be taken with a sell stop order as a set&forget setup.
It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay
This trade is in play, 1st of the week. There is a 40 pip target between lines C and D,
although my current target is set at 80 pips from the C line because price is coming
off a three point decline from line A. I will take full or partial off at the C line if price
reaches the 1st target.
This trade can also be taken with a sell stop order as a set&forget setup.
It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay
Trade active
Just moved stop to breakeven +2Trade closed: target reached
I got out of this one for 26 pips.
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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.