There are some traders we categorize as THIEVES😅. They make their analysis on the 5mins tf & set their targets on the daily
In this Thread, I'll educate you on 3 powerful proven areas to set your Targets on like a PRO with up to 90% success rate
A Thread🧵🪡
Repost for others
In this Thread, I'll educate you on 3 powerful proven areas to set your Targets on like a PRO with up to 90% success rate
A Thread🧵🪡
Repost for others
As usual
Good day ladies & gentlemen
Distinguished readers & traders, you're all welcome
Take a few seconds to Repost the first post above, it ensures others do not get to miss this valuable information I'm going to share tonight💯🙏
It's not a command but a plea
Done?
Thanks
Good day ladies & gentlemen
Distinguished readers & traders, you're all welcome
Take a few seconds to Repost the first post above, it ensures others do not get to miss this valuable information I'm going to share tonight💯🙏
It's not a command but a plea
Done?
Thanks
For today we wouldn't be looking at much
But trust me, if you pay rapt attention, the level of information & fine details you'd pick up from today's read will definitely keep you jiggy whilst trading for good !!
Let's get started with explaining the terms
Get your joggers👊
But trust me, if you pay rapt attention, the level of information & fine details you'd pick up from today's read will definitely keep you jiggy whilst trading for good !!
Let's get started with explaining the terms
Get your joggers👊
So first what are targets ??
A Target or take profit is an area a trader is expecting the market to get to inorder to leave the trade in Profits
Whilst a Stop loss is an area a trader does not expect price to go beyond. And if it does, he'd exit the trade in a small loss
A Target or take profit is an area a trader is expecting the market to get to inorder to leave the trade in Profits
Whilst a Stop loss is an area a trader does not expect price to go beyond. And if it does, he'd exit the trade in a small loss
Now Take profits & Stop losses are Exit points whilst trading
This thread would literally be a short one because I'd majorly be discussing where you can set your take profits at during trading to be sure a 90% success rate.
I believe everyone is familiar with LIQUIDITIES ?
This thread would literally be a short one because I'd majorly be discussing where you can set your take profits at during trading to be sure a 90% success rate.
I believe everyone is familiar with LIQUIDITIES ?
What is liquidity ?
Liquidity literally is money, it is the moving power of any asset in the market
If there are no liquidities price will remain stagnant.
Let's refresh a bit about what you know on liquidities
What is an ERL ?
Short for External range liquidity
View image
Liquidity literally is money, it is the moving power of any asset in the market
If there are no liquidities price will remain stagnant.
Let's refresh a bit about what you know on liquidities
What is an ERL ?
Short for External range liquidity
View image
What is an IRL ?
Short for internal range liquidity
These are liquidity lying inside of a trend or range
They can sometimes be referred to as Inducements.
Short for internal range liquidity
These are liquidity lying inside of a trend or range
They can sometimes be referred to as Inducements.
What is an SSL & a BSL
⇨SSL - Stands for sell side liquidity
⇨BSL - Buy side liquidity
SSL are liquidities found close to areas when price is dumping to or selling to
BSL are liquidities found close to buying or pumping directions
⇨SSL - Stands for sell side liquidity
⇨BSL - Buy side liquidity
SSL are liquidities found close to areas when price is dumping to or selling to
BSL are liquidities found close to buying or pumping directions
If you don't understand anything on Protected highs & lows
Here's a thread I wrote on that particular topic long ago
Take a quick read later
Here's a thread I wrote on that particular topic long ago
Take a quick read later
3 areas to set your targets when in a trade
⇨At ERLs when trading continuations in trend
⇨At Inducement levels
⇨At any liquidity levels available just before a supply or demand zone Like SSL & BSL. You could also set targets at Draws or at liquid Wicks
⇨At ERLs when trading continuations in trend
⇨At Inducement levels
⇨At any liquidity levels available just before a supply or demand zone Like SSL & BSL. You could also set targets at Draws or at liquid Wicks
A Solid Entry Model built around precise profit targeting
STUDY !!
Let's look at some case studies below
STUDY !!
Let's look at some case studies below
A Case Study on only NZDUSD
Zoom in and study target areas & see if they correlate to what I stated earlier
Another.....
Showing how easy it is to ride continuations only if you set your targets appropriately and not over expect
Showing how easy it is to ride continuations only if you set your targets appropriately and not over expect
Trading Continuations like a PRO
Left on confirmation entry
Right on Expansion trading
Right on Expansion trading
The entry model shared I talked about
See how longs & shorts are properly targeted around Inducements & External range liquidities & watch them play out nicely
See how longs & shorts are properly targeted around Inducements & External range liquidities & watch them play out nicely
Important things to note !!
⇨There's more to this thread than just technicals as GREED & psychology is as well a major factor when it comes to targeting our exits from a trade
It is recommended you never trade with a need in your heart to fulfill a financial burden
⇨There's more to this thread than just technicals as GREED & psychology is as well a major factor when it comes to targeting our exits from a trade
It is recommended you never trade with a need in your heart to fulfill a financial burden
Else this would affect the way you see take profit levels
Remember the aim is to make profits & not target a 10R move only to end up with price going against you after it had done nearly +6R before reversing
⇨Always target liquidities as they are high probability areas
Remember the aim is to make profits & not target a 10R move only to end up with price going against you after it had done nearly +6R before reversing
⇨Always target liquidities as they are high probability areas
⇨This targeting strategy can be implemented on every time frame & every pair.
With this I've come to the end of this thread
Tell me you learnt something in the comment with proof
I'll be watching & checking 👀💯❤️
Don't forget to follow me at⇨ @Techriztm & @X100Learnground
With this I've come to the end of this thread
Tell me you learnt something in the comment with proof
I'll be watching & checking 👀💯❤️
Don't forget to follow me at⇨ @Techriztm & @X100Learnground
⇨ASSIGNMENT
Find 3 areas price targeted the ERL during a Continuation on GBPUSD
Price: 4 × $6k Stellar acc to 4 peeps
Note: that these assignments are for your benefit & not only an opportunity to win a free account from me. So kill every form of entitlement from your heart
Find 3 areas price targeted the ERL during a Continuation on GBPUSD
Price: 4 × $6k Stellar acc to 4 peeps
Note: that these assignments are for your benefit & not only an opportunity to win a free account from me. So kill every form of entitlement from your heart
The winners would be selected from the readers with finest & most accurate of details
Before you leave
Trust me, 𝕏 would be nothing without these beautiful web3 creators below
I'm tagging a few of them solid ones I know, give them all a follow if you want to grow
@Alh_Myke1
Before you leave
Trust me, 𝕏 would be nothing without these beautiful web3 creators below
I'm tagging a few of them solid ones I know, give them all a follow if you want to grow
@Alh_Myke1
@dnatechbro @_EMRLD_ @DeCryptopharm @phargyte @Forexpatron and many many many others
I just can't tag everyone of them
You can go through my followings if you need more👊💯
That'd be all
You're welcome
Hope you got value today !!❤️🔥
I just can't tag everyone of them
You can go through my followings if you need more👊💯
That'd be all
You're welcome
Hope you got value today !!❤️🔥
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