A momentum breakout strategy designed to capture short-term trends.
Long entered on 02-Jun-21 Buy Stop @ 0.3930 Stop Loss @ 0.3465
Cut losses early, let profits run! Never risk more than you can lose. ------------------------------------------------------------------------------------------------------------------- Legend: RLevel:= Resistance Level (Blue Line) SLevel := Support Level (Red Line)
Entry Rules: 1. Place a Buy Stop at the RLevel. 2. If Buy Stop is filled, place Stop Loss at the SLevel. 3. If orders are not filled, cancel orders at the end of today's trading session.
Exit Rules: 1. At the end of the today's trading session, adjust Stop Loss to current SLevel.