LXP buy at trendline - stacked probabilites
The main idea behind this is to use all probabilities we can to get a likely win:
- The uptrend is apparent
- There has been a pullback
- The pullback is slowing and at the trendline
We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious. The trade is set-and-forget, so we place the trade with a profit target ad then don't touch it unless completely necessary.
- The uptrend is apparent
- There has been a pullback
- The pullback is slowing and at the trendline
We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious. The trade is set-and-forget, so we place the trade with a profit target ad then don't touch it unless completely necessary.
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