Trade Type: LONG (RE-ENTRY/DCA/LADDER previous entry post
Entry 1: 1.045 (or any of entry 1 box options) -if missed focus on next entries. Don’t stress. Entry 2: 0.960 “” Entry 3: 0.840 “” Entry 4: Entry 5: Entry 6: Entry 7:
Stop Loss/ladder entries: Entry 1: 0.960 (enter just above this gann line) -slightly below your re-entries -5-10% move from your chosen entry 1 -slightly above/below entry/key resistance -1:1 or to own personal risk factor Entry 2: “” Entry 3: “”
Take Profit Targets:
- 1.130 - 1.270 - 1.415 - -
Comments: -move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit. -emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too. -by all means you can long from the daily open to these higher target ‘short’ entries. -you don’t have to enter at ‘entry 1’ if you would rather enter higher. -level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.