https://prntscr.com/hoyl0i * SMA 200 dynamic support and demand zone confluence detected * Price entered the support confluence zone and touch both the demand zone and SMA 200 before reversing. * Price reversed failing to make a successful bearish breakout of the zone and SMA 200 {i.e. we didn't print any candle that its complete range doesn't touch the confluence} and form a bullish inside bar price action * ENTRY :- Pending order at the high of the inside bar breakout candle * STOPLOSS :- SL to be set at the mother bar low below the sma 200 * TARGET :- 2:1 RRR * TRADE MANAGEMENT :- Move stoploss to breakeven at 150% profit i.e 1.5:1 RRR
액티브 트레이드
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The trade is working out and we are up by 55pips+ on the trade....... I will be reducing my overall risk on the trade by half as soon as price gets to 151.08 {77pips} then i will reduce all the risk to breakeven at 150.43 (116pips) and we will look exit the trade at our final target............
코멘트
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Trade working out nicely, we are already above 77 pips now and stop loss has been reduced from - 77 pips to - 39 pips.
코멘트
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We are up by 110pips, we are now at 1.5:1 Reward to Risk Ratio and our stop loss has been moved to breakeven. The trade is now risk free as we await our final target
거래청산: 타겟 닿음
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Trade finally closed in profit. Congrats to those who took the trade. On to the next one.