Long
SALT LONG
Salt Trade
LONG
----------------------
Break Out of Down Trend
- 1 Day ( 10+20 EWMA COV, MACD SQUEEZE , SAR FLIP, RSI SPIKE/BREAK DOWN TREND)
- 4 HR ( 10+20 EWMA & MACD X, SAR Below)
VolumeSpike
Entry: 0.000528 (Current Price - Limit Order under cut)
Exit:
0.000600 - Previous Resist + 0.236 FIB
0.000740 - Previous Resist + 0.382 FIB
50%
Risk:
Stop-Loss @ 0.000460
30% Size (Overexposure)
Reward:
1st - 1:1
2nd - 1:3
LONG
----------------------
Break Out of Down Trend
- 1 Day ( 10+20 EWMA COV, MACD SQUEEZE , SAR FLIP, RSI SPIKE/BREAK DOWN TREND)
- 4 HR ( 10+20 EWMA & MACD X, SAR Below)
VolumeSpike
Entry: 0.000528 (Current Price - Limit Order under cut)
Exit:
0.000600 - Previous Resist + 0.236 FIB
0.000740 - Previous Resist + 0.382 FIB
50%
Risk:
Stop-Loss @ 0.000460
30% Size (Overexposure)
Reward:
1st - 1:1
2nd - 1:3
Note
Fake Out Pull out prior to stop-loss as reentered the down trend.
lesson:
do not overexpose yourself to trade. Stick to position sizing principles.
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.
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.