Traders,
Because I was OoO and working from my mobile, the details of my previous trade entries was not exhaustive. In all cases this past week, I had been glancing at my charts occasionally and operated/entered trades as I felt the time was right. Thanks to modern technology, I was able to do this with ease from my mobile phone. However, it is not always as easy to type out all the data from my phone. And honestly, I was on vacation and really just didn’t feel like it.
But I want to circle back now and give you all some stop limits for your safe keeping on these trades. In most cases, I would argue for the most recent pivot low OR a 1.5 to 1 R/R ratio, whichever comes first. Depending on your risk tolerance you may opt for lower/higher exits. I will give you some recommendations but keep in mind these could (and should) change based on time, price, and pattern. Also, you should move your stops up as soon as you hit a 1-1 r/r ratio :
Audio = .23
Matic = 1.00
Eth = $1650
XRP = .475
ALGO = .19
APE = 3.80
Best of luck to you all!
Stew
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