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1) Entry :Above Coral only long, below Coral only short.
Price crosses cloud - both Trix cross each other and have the same
color.
Best and most secure trend confirmation is a cross of the fast Trix on
the zero level.
2) Exit :
Faster Trix changes color and/or touch of a known good
resistance/support level.
3) Other reasons to take profit can be: Touch of a
trend line, resistance or support line, horizontal psych level (00 - 20 -
50 - -80) or a black cat that cross your screen
4) Stop Loss : please set your stop loss
according to your money management plan, as higher your TF that
you trade as lower you set the pip value and as higher the Stop Loss,
also it depends on the currency pair that you are trading.
5) This is a Multi timeframe setup, you don’t need
to change anything jumping from one TF to the other.
We, the THV team proved it only on 1M and 5M. The 1M TF is only
for extreme scalping and needs good FX skills !!!
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