Risk management is very crucial when you trade. Here is one of my mostly applied strategies for risk management. It's useful for people who trade in a very volatile market or fade. This method aims to limit the loss to zero by taking profit when reaching 1R. It's with less profit than expectation, but lower the risk. 1. Open the position and set how much $...
Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see that the price is right on the border of the downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 1127 T2 - $ 1185 and T3 - $ 1,277 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1,081 SL2 - $ 1033 and SL3 - $...
hey guys , DR REDDY LAB , stock was moving in a downtrend from a long time, but now , this stock was moving in a fixed pattern called ASCENDING TRIANGLE PATTERN at present , this stock has crossed it's RESISTANCE and taken SUPPORT as you can see that , on previous day , this stock has made a long GREEN CANDLE and today , this stock has made a candle called...
Hello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.3199 T2 - $ 0.3275 T3 - $ 0.3335 T4 - $ 0.3393 and T5 - $ 0.3481 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.3079 SL2...
Hello everyone, let's take a look at the 1D DOGE to USDT chart as you can see the price has dropped below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06843 T2 = $ 0.07035 T3 = $ 0.07241 T4 = $ 0.07513 and T5 = $ 0.07849 Now let's move on to the stop loss in case of further market declines: SL1 = $...
Hello everyone, let's take a look at the 1D SOL to USDT chart as you can see the price is based on the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 35.74 T2 - $ 36.51 T3 - $ 37.15 T4 - $ 37.78 and T5 - $ 38.63 Now let's move on to the stop loss in case of further market declines: SL1 - $ 34.23 SL2 - $...
Hello everyone, let's take a look at the 1D DOT to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.38 T2 = $ 8.05 T3 = $ 8.58 and T3 = $ 9.11 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.81 and SL2 = $ 6.37 Looking at...
Hello everyone, let's take a look at the 1day BNB to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 242 which price is currently struggling with, T2 - $ 260, T3 - $ 278, T4 - $ 304, and T5 - $ 337. Now let's move on to the stop loss in case of further...
Hello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1211, if the support breaks down, the next support is $ 1170 and $ 1137. Now let's move from the...
Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 1,220 T2 - $ 1,281 and T3 - $ 1,453 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1154 SL2 - $ 1126 SL3 - $ 1,100 SL4 - $...
Hello everyone, let's take a look at the 1D MATIC to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.5245 T2 - $ 0.5490 T3 - $ 0.5853 and T4 - $ 0.6616 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.5103 SL2 - $ 0.4923 SL3...
Hello everyone, let's take a look at the 1H XRP to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.3171 T2 - $ 0.3199 T3 - $ 0.3220 T4 - $ 0.3243 and T5 - $ 0.3275 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.3142 SL2...
Hello everyone, let's take a look at the 1D ADA to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.4563 T2 - $ 0.4698 T3 - $ 0.4807 and T4 - $ 0.4909 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.4437 and SL2 - $...
Hello everyone, let's take a look at the 1D BNB to USDT chart as you can see the price is moving above the local trendline. Let's start by setting goals for the near future that we can consider: T1 - $ 220 T2 - $ 225 T3 - $ 229 T4 - $ 236 and T5 - $ 245 Now let's move on to the stop loss in case of further market declines: SL1 - $ 214 SL2 - $ 207 SL3 - $...
Hello everyone, let's take a look at the 4H DOGE to USDT chart as you can see the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06843 T2 = $ 0.07035 T3 = $ 0.07241 T4 = $ 0.07513 and T5 = $ 0.07849 Now let's move on to the stop loss in case of further market declines: SL1 = $...
Hello everyone, let's take a look at the 4H SOL to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 33.75 T2 - $ 35.49 T3 - $ 36.87 T4 - $ 38.27 and T5 - $ 40.28 Now let's move on to the stop loss in case of further market declines: SL1 - $ 32.71 SL2 - $...
Hello everyone, let's take a look at the 4H SHIB to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.00001016 T2 - $ 0.00001055 T3 - $ 0.00001084 T4 - $ 0.00001116 and T5 - $ 0.00001160 Now let's move on to the stop loss in case of further market...
Hello everyone, let's take a look at the 4H GMT to USDT chart as you can see the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.8455 T2 - $ 0.8956 T3 - $ 0.9363 T4 - $ 0.9802 and T5 - $ 1.0342 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.7665 SL2 -...