Get started

Buystop

FILECOIN - Buy Stop HACK 🤫A stop order is an order to buy or sell an asset once the price of the asset reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. Filecoin makes massive impulses and it appears we could be on the verge of a massive one soon. The descending trendline has been respected 3 times and its a good indicator as to when the market will shift from a bear market to a bull market. For this trade we can utilise the buy stop order and get in as soon as the market makes its big move up. The good thing about using this is that if price continues to go down, our order will not be filled and we wont be at risk. Trade Idea: - Put a buy stop order above the descending trendline (not too close incase price spikes above and comes back down) - manually input SL below the recent lows - target the significant price points indicated on the chart If we do get a massive spike, you can be in and out of this trade within a few days and bank over 100% easily! Goodluck!
by Altsignals
6
EURUSD scalping explained (Buy/Sell stops W/TP)I have previously posted my scalping strategy basics with this pair. In this post I will explain the strategy in depth with my Buy/sell stops with TP points. Currently I am in a long position after the strong retest of 1.18000. My tp is set at 1.18800. Once my first TP hits a buy stop will trigger with a TP target of 1.18900. Once my second TP hits and exhibits a strong retracement I will then place a sell stop at 1.18800 now that I would have stronger sentiment that the pair won’t make a continuation break past 1.18900. I will also place a stop loss at 1.18800 if the retracement takes place prior to hitting 2nd tp. This will be the small risk of losing minor profit. The sell scalp is tricky to %100 forecast due to the strong pivot point at 1.18500. That being said my first TP is at 1.18500. To avoid loss of profits from pull backs I place at sell stop at 1.18450 as this is a safe point of continuation past 1.18500. If the 1.18450 sell stop is triggered I will place my TP at 1.18200 and utilize patience to trust the process of a small pull back at 1.18300 to then proceed to 1.18200. Once we hit 1.8300 a buy order will be placed in the event the pullback does not correct to 1.18200. A buy stop will also trigger at 1.18200. If there is a strong pivot in play at 1.18500 support I look to place a buy stop at 1.18600. I am a firm believer in having strict rules to follow for the most successful trades. If you have a strict set of rules that generate profit when followed correctly, it’s hard to rack up loss. Hope this is helpful. NOTE: THIS A SCALPING STRATEGY! Please comment with thoughts! Thank you!
Long
by Pika7993
1