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Stoploss

Sticking to stop loss is a must to do when ((BUYING the DIP))Opening a position without setting a stop loss is a big mistake and it can be disastrous when buying the dip ! Here, we show a tempting setup to open a long position in rectangle (1) . It is of course OK to go long in this setup in the hope of catching possible up coming up going wave shown in green. But without setting a stop loss? Not at all ! Followings are just two simple possible scenario which may happen: Rectangle (2) shows a scenario which may happen if lucky. Although it will bring us profit, believe me it bothers all the traders a lot emotionally. Lots of hopes and fears which makes us nervous. This not only ruin our current trade but also has a powerful negative impact on our next trades. Rectangle (3) shows a terrifying scenario which can whip out all our capital ! Please keep it in mind that " Preserving capital is a first rule of trading ". If you think this is an unrealistic scenario just take a look at ETSY, SHOP, SQ and ROKU. Be aware my friends : what we consider a possible abc form of correction can just be waves 1,2 and 3 of a larger degree wave 1 or A . This concept is shown on the rectangle (3) scenario. It is worth to note what is labeled as wave 1 or A in this rectangle is not end of down side move .There will be another at least same size down side move after a wave 2 or B counter trend correction. See the charts carefully to find out what is next after waves 1 or A. There are 4 major rules in trading : 1. preserving the capital 2. preserving the capital 3. preserving the capital and if successful then: 4. making profit. Hope to be helpful and good luck.
NASDAQ:TSLAEducation
by SaeedSajedi
12
LUNAUSD - Targets and Stoploss 4HHello everyone, let's take a look at the 4H LUNAUSD chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 2.88 T2 = $ 3.02 T3 = $ 3.13 T4 = $ 3.25 and T5 = $ 3.41 Now let's move on to the stop loss in case of further market declines: SL1 = $ 2.65 SL2 = $ 2.57 SL3 = $ 2.52 SL4 = $ 2.46 and SL5 = $ 2.38 Looking at the CHOP indicator, we can see that in the 4H range the energy has been used, while the MACD indicator shows a local upward trend.
by cryptodailyuk
2
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving below the uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.4933 T2 = $ 0.5035 T3 = $ 0.5116 T4 = $ 0.5199 and T5 = $ 0.5316 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.4843 SL2 = $ 0.4732 SL3 = $ 0.4648 SL4 = $ 0.4561 and SL5 = $ 0.4433 Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, and the MACD indicator shows a local downward trend.
by cryptodailyuk
1
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 1,294 T2 - $ 1,302 T3 - $ 1,324 and T4 - $ 1,359 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1282 SL2 - $ 1271 SL3 - $ 1263 SL4 - $ 1,255 and SL5 - $ 1,243 Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, while the MACD indicator shows a local downward trend.
by cryptodailyuk
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H eth to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 1,329 T2 - $ 1,337 T3 - $ 1,346 T4 - $ 1,357 and T5 - $ 1,371 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1,308 SL2 - $ 1296 SL3 - $ 1,286 SL4 - $ 1278 and SL5 - $ 1264 Looking at the CHOP indicator, we can see that in the 4H range the energy has been used, while the MACD indicator shows that the blue line is close to the red line crossing from below, which could confirm the upward trend change.
by cryptodailyuk
DOGE / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOGE to USDT chart as you can see the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06224 T2 = $ 0.06287 T3 = $ 0.06338 T4 = $ 0.06386 and T5 = $ 0.06457 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.06138 SL2 = $ 0.06058 SL3 = $ 0.05992 SL4 = $ 0.05924 and SL5 = $ 0.05827 Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, while the MACD indicator shows a local downward trend.
by cryptodailyuk
2
XRP - USDT on 1H interval shortHello everyone, let's take a look at the 1H XRP to USDT chart as you can see the price is moving in the marked triangle in yellow. Let's start by setting goals for the near future that we can consider: T1 = $ 0.4973 T2 = $ 0.5080 T3 = $ 0.5151 T4 = $ 0.5239 and T5 = $ 0.5352 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.4909 SL2 = $ 0.4875 SL3 = $ 0.4849 SL4 = $ 0.4818 and SL5 = $ 0.4774 Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy, while the MACD indicator shows that for intervale 1H we are in a downward trend.
by cryptodailyuk
2
MATIC/USDT - Targets and StoplossHello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.8372 T2 - $ 0.8436 T3 - $ 0.8481 T4 - $ 0.8526 and T5 - $ 0.8594 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.8295 SL2 - $ 0.8215 SL3 - $ 0.8215 SL4 - $ 0.8175 and SL5 - $ 0.8120 Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.
M
by cryptodailyuk
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.4973 T2 = $ 0.5080 T3 = $ 0.5151 T4 = $ 0.5239 and T5 = $ 0.5352 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.4909 SL2 = $ 0.4875 SL3 = $ 0.4849 SL4 = $ 0.4818 and SL5 = $ 0.4774 Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.
by cryptodailyuk
ADA/USDT TARGETS AND STOPLOSS 4HHello everyone, let's take a look at the 4H ADA to USDT chart as you can see the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.4247 T2 - $ 0.4266 T3 - $ 0.4282 T4 - $ 0.4299 and T5 - $ 0.4322 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.4221 SL2 - $ 0.4203 SL3 - $ 0.4185 SL4 - $ 0.4158 and SL5 - $ 0.4125 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.
by cryptodailyuk
SOL - USDT 1daycahrt, targets and stoplossHello everyone, let's take a look at the 1D SOL to USDT chart as you can see that the price is close to leaving the yellow triangle in which it is currently moving. Let's start by setting goals for the near future that we can consider: T1 - $ 33.77 T2 - $ 34.39 T3 - $ 35.04 T4 - $ 35.94 and T5 - $ 37.14 Now let's move on to the stop loss in case of further market declines: SL1 - $ 31.35 SL2 - $ 31.04 SL3 - $ 30.79 SL4 - $ 30.54 and SL5 - $ 30.19 Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.
by cryptodailyuk
Daily review of ETH interval 1DHello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving p in the downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 1,372 T2 - $ 1,386 T3 - $ 1,404 T4 - $ 1,427 and T5 - $ 1,491 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1,351 SL2 - $ 1,327 SL3 - $ 1,309 SL4 - $ 1292 and SL5 - $ 1268 Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.
by cryptodailyuk
BNB / USDT 4HCHART TARGETS AND STOPLOSSHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving in the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 289 T2 - $ 323 T3 - $ 355 T4 - $ 401 and T5 - $ 460 Now let's move on to the stop loss in case of further market declines: SL1 - $ 279 SL2 - $ 261 SL3 - $ 243 SL4 - $ 217 and SL5 - $ 184 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
by cryptodailyuk
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see that the price is moving in the channel marked by the yellow lines and that we are at the upper end of that channel. Let's start by setting goals for the near future that we can consider: T1 = $ 6.46 T2 = $ 6.76 T3 = $ 7.01 T4 = $ 7.26 and T5 = $ 7.60 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.38 SL2 = $ 6.28 SL3 = $ 6.14 and SL4 = $ 5.96 Looking at the CHOP indicator, we can see that in the 4H range we still have a lot of energy for movement, and the MACD indicator shows a local upward trend.
by cryptodailyuk
6
BNB / USDT 1D INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the 1D BNB to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 289 T2 - $ 323 T3 - $ 355 T4 - $ 401 and T5 - $ 460 Now let's move on to the stop loss in case of further market declines: SL1 - $ 279 SL2 - $ 261 SL3 - $ 243 SL4 - $ 217 and SL5 - $ 184 Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy and the MACD indicator shows an upward trend.
by cryptodailyuk
Where to place your stop loss-a close above theThe big question in every trader mind, where to place my STP loss. most common trading strategy calls to place the stop loss above a SZ (Supply zone) or Below a DZ (Demand Zone), right that seems easy but its not. ask any trader & he will recount stories of price violating the SZ, & the stop loss is triggered the loss is carried (hopefully small) only to have the price reverse fortune. This is exactly what occurred in this short trade on NYSE:GM (General Motors); on the left hand side we have the long-term chart (W) & on the right hand side we have the trade chart(D). The Long-term chart is clearly in downtrend. the price came into the Lower High of the (W) downtrend. a short was opened @39.20 with a stop loss above the LH of the (W) downtrend slightly above @41.00 many odds are in the favour of taking this trade. What is interesting, on the right hand side, (D) chart, the price violated the LH supply zone & closed above the supply zone (The red circle) ; my trade plan calls to close a trade after a candle stick * Violates a Supply zone by 10% * candle stick closes above the SZ Both conditions were met here, yet I did not close the trade & waited for a confirmation. yes i violated my own trade plan. Trading is fluid & my trade plan is ever changing. I closed the short today @32 mark. No permanent was made to my trade plan. but I took note of a price violating the SZ by over 10% & closing above the SZ but still the SZ held & the Short worked out.
NYSE:GMShort
by greatful-me
LUNAUSDT - 4H Interval - Targets and StoplossHello everyone, let's take a look at the 4H LUNA to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 2.62 T2 = $ 2.69 T3 = $ 2.78 T4 = $ 2.91 and T5 = $ 3.26 Now let's move on to the stop loss in case of further market declines: SL1 = $ 2.45 SL2 = $ 2.34 SL3 = $ 2.19 and SL4 = $ 1.99 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
by cryptodailyuk
UNIUSDT 1D Interval- Targets and StoplossHello everyone, let's take a look at the 1D UNI to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 6.65 T2 - $ 6.88 T3 - $ 7.08 T4 - $ 7.28 and T5 - $ 7.56 Now let's move on to the stop loss in case of further market declines: SL1 - $ 6.35 SL2 - $ 6.08 SL3 - $ 5.86 SL4 - $ 5.64 and SL5 - $ 5.33 Looking at the CHOP indicator, we can see that in the 1D range we have recovered a lot of energy and the MACD indicator shows a local upward trend.
by cryptodailyuk
4
MATICUSDT - SHORT 1H - TARGETS and STOPLOSS Hello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.7832 T2 - $ 0.7871 T3 - $ 0.7906 T4 - $ 0.7942 and T5 - $ 0.7991 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.7806 SL2 - $ 0.7790 SL3 - $ 0.7776 SL4 - $ 0.7757 and SL5 - $ 0.7737 Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy, while the MACD indicator shows the local upward trend.
MShort
by cryptodailyuk
1
AVAXUSDT SHORT 1H TARGETS and STOPLOSSHello everyone, let's take a look at the 1H AVAX to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 17.46 T2 - $ 17.56 T3 - $ 17.63 T4 - $ 17.71 and T5 - $ 17.81 Now let's move on to the stop loss in case of further market declines: SL1 - $ 17.39 SL2 - $ 17.33 SL3 - $ 17.28 SL4 - $ 17.23 and SL5 - $ 17.16 Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy, while the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
Daily review of BNB interval 1H - SHORTHello everyone, let's take a look at the 1H BNB to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 283 T2 - $ 284.6 T3 - $ 285.9 and T4 - $ 287.3 Now let's move on to the stop loss in case of further market declines: SL1 - $ 282.2 SL2 - $ 280.9 SL3 - $ 279.9 SL4 - $ 278.9 and SL5 - $ 277.4 Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy, and the MACD indicator shows a local upward trend.
Short
by cryptodailyuk
Daily review of ETH interval 1H - ShortHello everyone, let's take a look at the 1H ETH to USDT chart as you can see the price is moving in the channel marked by the yellow lines and is approaching the exit from it. Let's start by setting goals for the near future that we can consider: T1 = $ 1,327 T2 = $ 1,339 T3 = $ 1,351 T4 = $ 1,369 and T5 = $ 1,391 Now let's move on to the stop loss in case of further market declines: SL1 = $ 1,314 SL2 = $ 1,305 SL3 = $ 1296 SL4 = $ 1288 and SL5 = $ 1277 Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy, and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk