Urban Outfitters, Inc.

URBN Daily Trading Range

53
Entry Rules:
  • Buy URBN on a daily close above 24.25 or Sell on a daily close below 22.25
    Volume on the breakout candle must be at least average volume to trade full size
    If it doesn't reach the average volume, but reaches 75% of the average, use 1/2 size position.
    If the volume doesn't reach 75% of the average, stand aside.
    Stop loss is 1.5 x ATR on the breakout candle.
    First target is 1 x ATR on the breakout candle.
    Risk 2% of your account on this trade.


Trade Management:

*If, after entry and before first target, a candle closes back in the range, close the trade.
On first target, close 1/2 of the position and move stop loss to break even on the second half.
Follow stops as the trade moves in your direction and let the market take you out.

These are my trade management rules, use whatever rules you prefer.
For more information about my trade management, go to: https://youtu.be/-v3-XN62y4o

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。