DEMAND ZONE IS THE AREA WHERE PENDING ARE WAITING UNFILLED. OUR PLAN IS TO TRIGGER THOSE PENDING ORDERS IN OUR FAVOUR WHEN PRICE COMES BACK TO THE ZONE. THATS WHY WE NEED TO BE PAtient FOR THE PRICE TO COME BACK. RISK TO REWARD RATIO IS 1:2. MY STOP LOSS IS 1000RS. TARGET PRICE 2000RS. MY CAPITAL IS 1LAKH. I TAKE RISK OF 1% OF MY CAPITAL. THIS IS MONEY MANAGEMENT AND RISK MANAGEMENT
Commento
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missed entry by 1 rupee and hit the target. since, there is supply zone above the pric, possibility of the trade in favour is less. hence type 3 or ignore it
Commento
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type 3 entry triggered and achieved the target with 1 to 2 RR
Trade chiuso: obiettivo raggiunto
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type 3 entry triggered and achieved the target with 1 to 2 RR