CAD/JPY LONG MOMENTUM POSITION 4H TIME FRAME

29 thg 4, 2022

This is the position based on Edger trading system on 4 Hour time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.

This is only for educational purpose and no financial advice.


ENTRY : 102.258 STOP LOSS : 101.277
TAKE PROFIT 25% : 102.503
TAKE PROFIT 50% : 102.748
TAKE PROFIT 75% : 102.993
TAKE PROFIT 100% : 103.239


FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.

ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.