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Rules of Trinity Trade:
I buy when the price breaks and hold above the blue line.
I sell when the price breaks and hold below the red line.
Both scenarios should have a true breakout with at least 2-3 closed bars as a confirmation.
In neutral area (between blue and red) when signals are mixed - I give priority for the last signal.
TP1 for more conservative trade.
For TP2 - break and hold of TP1 level is required. SL at break-even.
For TP3 - break and hold of TP2 level is required. SL at TP1 level.
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Rules of Trinity Trade:
I buy when the price breaks and hold above the blue line.
I sell when the price breaks and hold below the red line.
Both scenarios should have a true breakout with at least 2-3 closed bars as a confirmation.
In neutral area (between blue and red) when signals are mixed - I give priority for the last signal.
TP1 for more conservative trade.
For TP2 - break and hold of TP1 level is required. SL at break-even.
For TP3 - break and hold of TP2 level is required. SL at TP1 level.
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Trade active:
I am a bear now. Target around 1253.00. Stops around 1272.00
Trade closed: target reached:
First target reached. I'll make a little break to see what happens next.
Trade active:
I am short @1254.85. Targets around 1245. Stops around 1260.