NEW TRADE; GBPCAD: ITF CURVE ANALYSIS (2D) - DOWNTREND

17 Tem 2024

✨ GBPCAD: ITF CURVE ANALYSIS (2D) ✨ (DOWNTREND)

-SL @ 1.78887 (CONSERVATIVE)
-SL @ 1.78276 (AGGRESSIVE)
SLO2 @ 1.7815 ⏳
MO OR SSO @ 1.7805 - TRIGGERED/⏳
SSO2 @ 1.73188 ⏳
TP1 @ 1.65926
TP2 @ 1.5950
TP3 @ 1.55328
TP4 @ 1.48384
BLO1 @ 1.46716⏳

🔑

BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

NOTE: This trade is active. I freely went MO to ensure a decent entry while placing the others as listed above. Going to see if we can get this one as the R:R is well for me to take this risk. You will see an aggressive -SL and a conservative -SL. If you're wondering, I'm using both. Let's see how this plays out..

Intermediate time frames (4 hours to 6 day):

— Offer a clearer picture of the underlying trend compared to short-term frames.

— Provide more opportunities for confirmation signals and technical analysis.

— Allow for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.

30 Ağu 2024

Not

HEY ALL, TRADE IS TAKING CARE OF ITSELF. THOUGHT I HAD UPDATED THIS BUT MUST HAVE MISSED IT. I'VE MOVED MY SSO2 UP FROM 1.73188 TO 1.7700. IF YOU HAVE SOMETHING DIFFERENT...SHARE AND LET'S COMPARE.