Trend Continuation Trade
1. Price above 200 MA
2. Weekly uptrend
3. PSAR Entry long signal
4. Nice bullish build up candles on H4
5. Price above 2 shortterm MA's
6. Trend following indicator confirmation
7. Currency Strenght Meter confirmation
8. Liquidity grabbed from the order blog multiple times
9. 2% Risk, 4 positions per 0,5% trying to prevent getting stopped out prematurely
10. Multiple profit targets min. R:R 2:1 max 5:1
11. Trailing stop loss and scaling out at levels if there is reaction and possible reversals.
Important levels above:
- 155.000
- 155.500
- 156.000
Upcoming News on: Wednesday, Thursday and Friday
Objective #1: Not get stopped out!
Objective #2: Hold the trend, frequently realising profits and reducing loss size
Trailing stop with EMA (34)
1. Price above 200 MA
2. Weekly uptrend
3. PSAR Entry long signal
4. Nice bullish build up candles on H4
5. Price above 2 shortterm MA's
6. Trend following indicator confirmation
7. Currency Strenght Meter confirmation
8. Liquidity grabbed from the order blog multiple times
9. 2% Risk, 4 positions per 0,5% trying to prevent getting stopped out prematurely
10. Multiple profit targets min. R:R 2:1 max 5:1
11. Trailing stop loss and scaling out at levels if there is reaction and possible reversals.
Important levels above:
- 155.000
- 155.500
- 156.000
Upcoming News on: Wednesday, Thursday and Friday
Objective #1: Not get stopped out!
Objective #2: Hold the trend, frequently realising profits and reducing loss size
Trailing stop with EMA (34)