This market has been ranging for the last 8/10 weeks, and has not broken the structure since.
We are taking advantage this and will be using basic strategies to capitalise from this structure.
If you are looking to enter the market, drop down to a lower TF and wait for your confirmations to be met before entering, using the correct risk management.
Risk:Reward - 1:7
Trading For All | All For Trading
Kevin Capital
We are taking advantage this and will be using basic strategies to capitalise from this structure.
If you are looking to enter the market, drop down to a lower TF and wait for your confirmations to be met before entering, using the correct risk management.
Risk:Reward - 1:7
Trading For All | All For Trading
Kevin Capital
Trade closed: stop reached
Early Entry - SL triggeredTrade closed: target reached
SL Triggered - early entry however TP hitLesson learned & went original direction = win win situation
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.