Reading the signals is easy once you get the basics!
S/L | SL | STOP | STOP LOSS
is the point you exit the trade.
There will then be a list of targets or just one target.
Example:
1) $45900 - 25%
2) $46800 - 22%
3) $48000 - 20%
4) $50100 - 17%
5) $52300 - 16%
Entry | Enter | Buy | Limit Buy is the point you enter the market.
As you can see this is saying to open longs in the range of $295-$310.
Take profit targets at 320 - 332 - 345 - 363 - 380
Stop loss at $283 This converts to:
Taking profit strategies change person to person, What works well for one provider, may not work well for the next
and What works well for one person, may not work well for the rest.
Some people will take 80% at t1 then split the rest.
Some will do even each level, some will take more profit at higher levels.
To work out position sizing, I would recommend having a read of it here: https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
Another example:
Translation:
S/L | SL | STOP | STOP LOSS
is the point you exit the trade.
There will then be a list of targets or just one target.
Example:
1) $45900 - 25%
2) $46800 - 22%
3) $48000 - 20%
4) $50100 - 17%
5) $52300 - 16%
Entry | Enter | Buy | Limit Buy is the point you enter the market.
As you can see this is saying to open longs in the range of $295-$310.
Take profit targets at 320 - 332 - 345 - 363 - 380
Stop loss at $283 This converts to:
Taking profit strategies change person to person, What works well for one provider, may not work well for the next
and What works well for one person, may not work well for the rest.
Some people will take 80% at t1 then split the rest.
Some will do even each level, some will take more profit at higher levels.
To work out position sizing, I would recommend having a read of it here: https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
Another example:
Translation:
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