Hi،
Would you please answer to the followings;

A) During the uptrend market, should I take Buy / Long postision and as soon as the candles going to decrease, take Sell / Short postision then ?
and the trade is successfully closed ?

B) At the above position, where should be placed Stop Loss ?

&

C) During the downtrend of market, should I take Sell / Short postision and as soon as the candles going to increase, take Buy / Long postision then ?
and the trade is successfully closed ?

D) At the above position, where should be placed Stop Loss ?
Thanks a lot,

@bobyx

May I ask you to elaborate a bit more about the "Time Frame/s" you have in mind? So the answer/s you will receive will be more precisely to your question/s.

Example: For a trader on the one hour candles, It may also will be important to watch the 30 min or/and even the five minute candles, as first trend changes in those smaller time frames can be important for a price action trader.

Seems to be your first post in the forum. So be welcome and have a good stay here.

Symple

Symple 

@bobyx May I ask you to elaborate a bit more about the "Time Frame/s" you have in mind? So the answer/s you will receive will be more precisely to your question/s. Example: For a trader on the one hour candles, It may also will be important to watch the 30 min or/and even the five minute candles, as first trend changes in those smaller time frames can be important for a price action trader. Seems to be your first post in the forum. So be welcome and have a good stay here. Symple

With thanks for your kinds,

AS a beginner, I trade in 15 min time frame. But, I mostly meant to know

the general method, that is, I want to know at the following images, at points ;


1) AS & BS and AL & BL what kind of trade

should I do; Buy / long or Sell / Short ?


2) At which points ( as a general method ) I should place TPx ( Take profit ) and

at which points place SLx ( Stop Loss ) as well ?



( Specially, the Short position, is a vague for me. )

Thanks a lot,

This thread is closed to prevent a duplicate topic.

Refer to this thread for the continuation of this discussion:

Questions for a practical trading on crypto Futures Hi, 1) How to place the following Futures Short signal ( A ), by stop-limit method? That is; if we have one, two or more entry points and several TPx, like as the following signal (A), how to place and execute them? And …

Bob.