[Priority Exclusive] Increasing Trade profits using ATR with Example.
This article is an addon for the Inside Candle Trading Strategy.
On 06th May 2019 Ujjivan Financials was breaking down from an inside candle consolidation below 320.
On Hourly charts, In the first candle stock had moved to 326 and retracted. The second candle was an inside candle. Bearish setup with sell below 320 and a stoploss of 322.
But when should you book the profits? 1:1 or 1:2?
Priority Exclusive content:
This content is lockedLogin To Unlock The Content!
I am Admin, Gale.in. I am into investing and trading for last 10 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at firstname.lastname@example.org for stock queries. Have a wonderful time at Gale.in.