FX:US30   Index of top 30 shares on Wall Street
152 3 7
Will be updating this chart as well as the earlier posted chart of UK100             in the comments :)

Hello, i'm reletively new at reading these charts. Do you have a prediction on good exit points?
Reply
Hmm there are so many different ways to exit a position. Personally I have a target, which can be an important reversal area, fibs, geometry, RSI projection, ab=cd and so on. From that target I use a dynamic Risk to Reward setup (R), which means if price is 10% from my target and 90% away from my stop loss, then I move the SL closer so the "R" is minimum 0.5. You can read more about it on Google, but one advice is to never set the SL at break even since the market doesn't care where your break even level is. Always set it behind a important area :)
+1 Reply
Biggles AleksanderThor
oh ok, great advice, thank you!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out