DIXON TECH
Updated
TIME FRAME:1 HOUR
I will wait for opening tomorrow If I see market will retest on the support on the chart will Enter for a SL of 20-30 points as per my setup. It will also be better to enter using smaller time frame on support if any pattern or Japanese bullish candlestick is represented. The more you buy on support the better it is to place SL as this game is all about probability so let us play it well.
I will wait for opening tomorrow If I see market will retest on the support on the chart will Enter for a SL of 20-30 points as per my setup. It will also be better to enter using smaller time frame on support if any pattern or Japanese bullish candlestick is represented. The more you buy on support the better it is to place SL as this game is all about probability so let us play it well.
Trade active
ENTRY EXACTLY AT SUPPORT around 2880 SL is just 20 points 2860 used 1 min to enter at support on 1 hour frame as this gives us a benefit of smaller SL and larger targets.Note
1:2 ratio is already done so we can now keep SL at Cost-Cost as we do not need to make this as a loss tradeNote
I would keep trailing My Sl here as profit is around 3% so I can keep my SL to 1% or near aroundNote
50% profit booked trade continuesTrade closed: target reached
30% profit from our entry point keep riding it. I have booked 90% profits here
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