#daytrading #adabtc taking profit using a 60 min demand zone
已更新
Single small doji-like candle before an explosive rise in price? One of the classic examples of a demand zone.
I'm going for >20% profit, so once price gets to ~10% and there is a clear uptrend, I move my stop loss up higher than my current position. Now the stop loss is protecting 100% of my principle and a portion of profit.
The placement of the stop loss is 3/4 bullish because it is:
1/4 bearish because it doesn't give the price enough volatility to endanger any principle. I want to get something out of this trade, and there looks like there will be more potential left in this uptrend away the base.
Keeping the original stop loss below principle would be signaling a willingness to risk the all of the profit of the current price (and principle) for even higher levels of sick gainz.
I'm going for >20% profit, so once price gets to ~10% and there is a clear uptrend, I move my stop loss up higher than my current position. Now the stop loss is protecting 100% of my principle and a portion of profit.
The placement of the stop loss is 3/4 bullish because it is:
- below current price
- proportionately farther away from current price than position price
1/4 bearish because it doesn't give the price enough volatility to endanger any principle. I want to get something out of this trade, and there looks like there will be more potential left in this uptrend away the base.
Keeping the original stop loss below principle would be signaling a willingness to risk the all of the profit of the current price (and principle) for even higher levels of sick gainz.
註釋
*in this uptrend to form another base.註釋
We got a live one Cap'n!!Moved stop loss up to .00002924.
交易進行
(below a demand zone seen on the 15 min chart)交易結束：達到停損點
stopped out at 18% profit
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。