Take Profit Orders: When should you take profits in trading?
In this week's video, we're digging into my exit strategy (and looking at some analysis on Silver and EUR/CAD for starters).
You're going to see how I use Market Geometry to identify accurate levels for profit targets, including my system for setting multiple take profit levels and banking partial profits along the way.
(Setting multiple take profit orders allows you to eliminate risk as the trade progresses, and helps you avoid big losses while still targeting large gains.)
Plus, you're going to see how you can apply this strategy to virtually ANY market, whether you trade stocks, Forex, or anything that moves...
As always, I'll be using TradingView, so feel free to follow along on your own charts!
With a little practice, you won't have to second guess your take profit orders ever again.
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Corrective Pattern Trading Strategy:
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Market Geometry (on Multiple Time Frames):
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