DEMAND ZONE IS THE AREA WHERE PENDING ARE WAITING UNFILLED. OUR PLAN IS TO TRIGGER THOSE PENDING ORDERS IN OUR FAVOUR WHEN PRICE COMES BACK TO THE ZONE. THATS WHY WE NEED TO BE PAtient FOR THE PRICE TO COME BACK. RISK TO REWARD RATIO IS 1:2. MY STOP LOSS IS 1000RS. TARGET PRICE 2000RS. MY CAPITAL IS 1LAKH. I TAKE RISK OF 1% OF MY CAPITAL. THIS IS MONEY MANAGEMENT AND RISK MANAGEMENT
Comment
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beautiful entry in to the demand zone price enters and left the zone and achieved target with 1 to 2 risk to reward ratio trade.
Trade closed: target reached
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beautiful entry in to the demand zone price enters and left the zone and achieved target with 1 to 2 risk to reward ratio trade.