Trading view post:
Trade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: SHORT
(RE-ENTRY/DCA ABOVE previous entry post)
Entry 1: 6.42 (entry 1 box options)
-if missed focus on next entries. Don’t stress.
Entry 2: 7.04 “”
Entry 3: 7.95 “”
Entry 4: 8.88 “”
Entry 5: 9.60 “”
Entry 6:
Entry 7:
Stop Loss:
Entry 1: Gann stop loss - 6.64 (entry 1 only)
-5-10% move from your chosen entry 1
-slightly above entry/key resistance
-1:1 or to own personal risk factor
Entry 2: “”
Entry 3: “”
Take Profit Targets:
-6.23 (800ema)
-6.01 (50ema tp)
-5.85 (200ema tp)
-
-
Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
Trade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: SHORT
(RE-ENTRY/DCA ABOVE previous entry post)
Entry 1: 6.42 (entry 1 box options)
-if missed focus on next entries. Don’t stress.
Entry 2: 7.04 “”
Entry 3: 7.95 “”
Entry 4: 8.88 “”
Entry 5: 9.60 “”
Entry 6:
Entry 7:
Stop Loss:
Entry 1: Gann stop loss - 6.64 (entry 1 only)
-5-10% move from your chosen entry 1
-slightly above entry/key resistance
-1:1 or to own personal risk factor
Entry 2: “”
Entry 3: “”
Take Profit Targets:
-6.23 (800ema)
-6.01 (50ema tp)
-5.85 (200ema tp)
-
-
Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.