EURJPY Short - Trailing Stop if price moves lower
My software has entered a short position as shown on the chart. The trade will be managed using Donchian Channels (all done automatically by my software).
As price moves lower, the Donchian Channels (blue line) will move in conjunction with price, to the high of the previous 5 candles. When (if) this blue line moves below our initial stop loss, my software will automatically use this as a trailing stop.
There are no profit targets, I'm simply using the blue line as a trailing stop until it is hit.
As price moves lower, the Donchian Channels (blue line) will move in conjunction with price, to the high of the previous 5 candles. When (if) this blue line moves below our initial stop loss, my software will automatically use this as a trailing stop.
There are no profit targets, I'm simply using the blue line as a trailing stop until it is hit.
Uwaga
Trailing stop has been moved and positions has been left open over the weekend. We'll see what next week brings...Transakcja zamknięta: osiągnięto wyznaczony cel
Hit the trailing stop shown above :) Risk = 10.5pips
Reward = 45pips
Returns = 4.3R
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.