Squeezing down to a point, as usual trade on close of bar outside lines, S/L on previous candle wick high/low
Trade active
Line broken up, trade entered, stop loss at 1.34100Note
Stop moved to break evenNote
Now just let it run with the profits locked in. Close on confirmation reversal candleTrade closed: stop reached
And this is why you lock profits in. Trade closed +5 pointsNote
However, look at that beast fly. Next time we catch this
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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.