Typical Trading Triggers - [T3]

1. Number of rounds
2. 200 EMA – is one of the best auto-adjusted support/resistance on any time frame and price respects it.
3. Support and resistance lines/areas of the PPA pattern.
4. PAC's 5 SMA (smoothed) highs and lows.
5. candle time

Entry setting length :-

Price should settle above the PAC with a Pin Bar/Morning Star/Engulfing/Bullish Marubozu candle pattern, preferably a bounce or breakout of the 200 EMA, round numbers, supply and demand lines/zones, etc...



Take profit, stop loss, risk reward, etc...

It's all up to you as a trader, but I'll tell you how I personally set it up.

Take Profit:-

Never set up TP unless I step away from the computer. Depending on the trading session, I wait at least 15 to 25 pips to close the first half of the position and use BE to close the other half to squeeze the overall trend.

Stop loss:-

For most of my trades, I personally keep my stops below the PAC/Swing low for longs and above the PAC/Swing high for shorts, and sometimes I wait for the candle to close in the opposite direction without a stop.

Think twice before placing a trade with a stop loss above 25 pips.

In addition to the classic methods, we also have advanced entry and exit methods... I will update you on this as soon as possible.

news:-

I stay at least an hour before a news release...sometimes a full day. Staying away is also a good deal…

Questions/Comments?

greeting,
Tewes