Last week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
註釋
Trade pinching +40pipsMove SL to +15pips
手動結束交易
Trade entry @844 closed for +20pipsReentry @ 851, currently pinching +20pips
SL be
註釋
Price pinching +50pipsMove Sl to +20pips
註釋
Price pinching +100pipsMove Sl to +60pips
註釋
Price pinching +20pipsMove Sl to BE
註釋
Buy entry 756 closed manually for +10pips4 trades: +20/0/+100/+10= +130pp
Another week with valid zones and levels.
Have a restful week
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