Hi Team, I am new to this strategy. I am just wondering how do I know when to enter my trade, is it when the line cross the trendline or do we need to wait for EMA? Also for profit is there any range we take like 1:2 and how do we determine SL and TP? Thanks again
Ignored
Hello Bramking08.
In the first post you have all the necessary info to answer your questions. My recommendation is that you read the entire thread. Reading every page of this thread isn't a waste of time but an investment.
Hi Team, I am new to this strategy. I am just wondering how do I know when to enter my trade, is it when the line cross the trendline or do we need to wait for EMA? Also for profit is there any range we take like 1:2 and how do we determine SL and TP? Thanks again
Ignored
all setups need to conform on the bar close, but the trend line break anytime on the current bar. the previous bar mus satisfy all the conditions before the break.
Risk reward is dynamic, no such thing as 1:2 all the time. Start with 1:1 and feel free to adjust.
