xologeis

GJ - Adding to a position based on PA

Satış
FX:GBPJPY   İngiliz Sterlini / Japon Yeni
0
The initial short was from the top zone (based of the 4H I posted earlier). All the other red arrows below the 1st are adds as price develops and retests previous areas of short term supply. Adding to positions as you lock in profit and maintain minimal risk while massively improving your reward vs your risk, landing up with 20 or 50 to 1 instead of 3:1 etc. If price should rush back and retrace too fast we get taken out for profit and no harm no foul. If it does not like in this case we just keep enjoying the ride and letting it work for us.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.