Potential AVE Long position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 30 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.041
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.041
Target 2 @ ....
Risk/Reward @ 1.4
Happy trading :)
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
AVE trade ideas
AVE LongBought into AVE a couple of weeks ago on 4/12/2020 at 0.014. So far I am happy with its progress.
Trialing a trailing sell technique with this one.
ENTRY: 0.014
Original STOPLOSS: 0.012
Adjusted STOP LOSS: 0.019
Resistance level expected around 0.026 - 0.033
Conservative Target = 0.026 - 0.033
Aggressive Target = 0.040 - 0.046
