Waiting for GOLD to break one of the SR zones.
After breaking, we put a pending order to the outer edge of the zone.
Highly recommend to use Twin Trading, for bigger potential profit.
Stop Loss - I'm using max 40 pips stop loss. The most important is, to put it behind the SR zone. But it all depends on your strategy and RRR.
Take Profit - Put take profit at the next potential SR zone, but as i said before, highly recommending using Twin Trading (take profit for just one order, and at the second one just moving stop loss to the profit with market). At break&retest strategy even the smallest chance for one successful Twin trading can be highly profitable.
After breaking, we put a pending order to the outer edge of the zone.
Highly recommend to use Twin Trading, for bigger potential profit.
Stop Loss - I'm using max 40 pips stop loss. The most important is, to put it behind the SR zone. But it all depends on your strategy and RRR.
Take Profit - Put take profit at the next potential SR zone, but as i said before, highly recommending using Twin Trading (take profit for just one order, and at the second one just moving stop loss to the profit with market). At break&retest strategy even the smallest chance for one successful Twin trading can be highly profitable.
Trade attivo
First Take profit Hit !!Second one moving Stop loss to Break Even and still going.
Trade chiuso: obiettivo raggiunto
110 + 150 (trailing stop) = 260 PIPS total.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.