This is educational :)
You can see that the price is a bit "blurry" at the first order box. Why is this?
Financial institutes never invest their whole money at the same time to get "stopped out" or "margin called". They do this to check how the price is reacting to their orders. For example, if they want to invest 100 million euros in a long position; firstly...
I believe risk management is key, because sometimes, finding the perfect entry will not be enough.
The market is what it is, and nobody can predict with 100% accuracy how the price will behave, even with all the great indicators we got out there.
With that in mind, we should come prepared that the price will go against you, and we should take advantage of it,...
SAVE THIS!This Educational Chart Pattern will help you everyday to see where the market can change direction,and when to place your order.
Where to place your entry,Tp and stop loss.
And before placing a order you need confirmation.
Please give a LIKE & COMMENT if you find this usefule!
Hi All, I recently have been asked to publish this diagram for executing a 2 target order.
I have labeled the diagram with order sequence in a perfect world scenario. Steps below relate to numbers on chart
I am not telling you this is how everyone does it and this is only based on the questions I have been asked, every strategy has its own order entries stops...