Trade of the week: Payper
Date mark up: October 9, 2023
XRPUSD
Still consolidating from last week
- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.
Standard Rules:
*Position Type: Limit orders and Market Execution orders ONLY
* Only risk 5% of your account
* SET AN ALRAM ON the top and bottom of the box
TP 1: 100pips
TP 2: 200pips
TP 3: 300pips
XRPUSD Still consolidating from last week
- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.
Standard Rules:
*Position Type: Limit orders and Market Execution orders ONLY
* Only risk 5% of your account
* SET AN ALRAM ON the top and bottom of the box
TP 1: 100pips
TP 2: 200pips
TP 3: 300pips
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