This is the position based on Edger trading system on four time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
PLACE SELL STOP
ENTRY : 1.01268 STOP LOSS : 1.02058 TAKE PROFIT 25% : 1.01071 TAKE PROFIT 50% : 1.00872 TAKE PROFIT 75% : 1.00676 TAKE PROFIT 100% : 1.00478
FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Comment
Trade reached 25% target, Trade is risk free now!!
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