Forget for a moment about SL. Focus on Tp at the moment you entrance the market.
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- and now - if the market move down than entrance Buy 4 (buy again, 4 transactions opened), ALL TP must be moved to the Level TP4 which means TP4 = TP1, TP2, TP3 and TP4 will bring the PROFIT
4h TIME FRAME - REMEMBER - you have to patient because the market may need some time to respond, there is possibilities that you will have to open 5th transaction or more on this pair - MANAGE YOUR BUDGET !!!!! - DO NOT INVEST EVERYTHING YOU HAVE !!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- and now - if the market move down than entrance Buy 4 (buy again, 4 transactions opened), ALL TP must be moved to the Level TP4 which means TP4 = TP1, TP2, TP3 and TP4 will bring the PROFIT
4h TIME FRAME - REMEMBER - you have to patient because the market may need some time to respond, there is possibilities that you will have to open 5th transaction or more on this pair - MANAGE YOUR BUDGET !!!!! - DO NOT INVEST EVERYTHING YOU HAVE !!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Kommentar:
Buy level 1 activated (buy) - 1 transaction open - Buy1
Kommentar:
Market opened only one transaction at level Buy 1 and closed at TP 1 with Profit around 163 pips.
This algorithm is no more active at this moment so please do not make any more entrance at levels Buy 2, Buy 3, Buy 4, Buy 5.
This algorithm is no more active at this moment so please do not make any more entrance at levels Buy 2, Buy 3, Buy 4, Buy 5.
