Low risk setup for LPT

10 янв. 2019 г.

Why is this setup good?
-Contextual uptrend
-Momentum building on MACD 12-26
-First reaction (contraction) since MACD crossover
-Trigger Candle testing EMA 3, 50 and 100
-Low Setup Risk - just 1.62% in risk


Entry rules:
-Buy Stop order or Manual Buy at 43.14 at the next interval(candle) open
-Cancel the order at the end of the day if 43.14 does not get triggered
-Stop Loss (S/L) level at 42.48 (adjust position size accordingly, don't risk more than 3% for your current account balance)


Trade management
-Move S/L to break-even when price CLOSES above 43.23

Exit rules:
-Target 46.40 (Risk-Revard ratio ~4.66)

10 янв. 2019 г.

Сделка активна

Move S/L to break even.

5 февр. 2019 г.

Сделка активна

Optionaly you can move S/L to 45.70, however, price action is still bullish.

6 февр. 2019 г.

Сделка активна

Move S/L to 46.20.

17 февр. 2019 г.

Сделка активна

Move S/L to 46.83

22 февр. 2019 г.

Сделка активна

If 47.90 level breaks, we can expect that price will go higher. However we must be aware of false breakout (crossback).

5 мар. 2019 г.

Сделка закрыта: достигнута стоп-лосс цена

S/L at 46.83 hit.