The same idea. Check others.
I do trade all of the pairs I have posted. It is a TOP 10, there should not be a problem with liquidity. I will update later.
Entry: Put a Stop Buy on the high created on 18th of July (.009946|+P)
SL: HL (.00889|-P)
TP: *
Setup invalidation:
*I do prefer trailing SL. It can be done in many different ways, in this setup, I simply follow the rules of a trend following, therefore my SL is always at higher low and I close a position whenever there is a new lower high created.
SystemFollower
You can read more about me as well as about abbreviations/acronyms (*) used in this description at the link below.
I do trade all of the pairs I have posted. It is a TOP 10, there should not be a problem with liquidity. I will update later.
Entry: Put a Stop Buy on the high created on 18th of July (.009946|+P)
SL: HL (.00889|-P)
TP: *
Setup invalidation:
- LL will be created
*I do prefer trailing SL. It can be done in many different ways, in this setup, I simply follow the rules of a trend following, therefore my SL is always at higher low and I close a position whenever there is a new lower high created.
SystemFollower
You can read more about me as well as about abbreviations/acronyms (*) used in this description at the link below.
Note
Today's candle should confirm a new lower high. The size of your position should increase with lowering risk.Entry: 0.009817
SL: 0.00889
Trade active
Stop Buy order hit (bought at the highest point in the day). I am in the trade. Trade closed: stop reached
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Related publications
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.