Go long the FTSE100 if it trades at 7088 or higher. If triggered, place your stop at 6993 and exit the position for a profit at 7148 or at your own discretion. (Always invest wisely).
In this idea you don’t get the following:
1. How to identify the trade setup 2. How to identify short term trend 3. How to protect gains in your trade 4. Market deciding price exit for large moves in the market 5. Money management 6. Buy/Sell line which let you know when to buy or when to sell 7. Rules of gap opening
Standard exit which is stated in the trade idea is what I use for my operating profit so that i get some pay early. However, market deciding price exit is what to take care of the real risk reward. Here is an example of it at work
SimpleTradingTechniques
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Click on the chart to see the result. Looking forward for your feedback.