EURUSD Naked Trading / SIMPLE
Market structure, can't stress that enough
It is all about being patient.
If market doesn't give us that opportunity we wait. We wait to see structure.
Market always weed out the weak. be impatient and you lose.
Enter?
1. We enter when the market comes back and retest.
2. SL would be above or below previous high or low.
3. TP would up to you but I would prefer a 1:3 risk to reward.
To trail SL, I would wait until market makes a pull back each time it goes up or down.
- I would put it above the previous lower high (when selling) and or higher lower (when buying).
It is all about being patient.
If market doesn't give us that opportunity we wait. We wait to see structure.
Market always weed out the weak. be impatient and you lose.
Enter?
1. We enter when the market comes back and retest.
2. SL would be above or below previous high or low.
3. TP would up to you but I would prefer a 1:3 risk to reward.
To trail SL, I would wait until market makes a pull back each time it goes up or down.
- I would put it above the previous lower high (when selling) and or higher lower (when buying).
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.
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.