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DOK Chapter 3 – Trade Management: Pattern Signals, Profit Ta
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Author:  jrr [ Tue Aug 05, 2014 5:05 am ]
Post subject:  DOK Chapter 3 – Trade Management: Pattern Signals, Profit Ta

Bullish Swing Point generated via c1 and c2 resulting in Bullish Engulfing pattern signal. First WRB Hidden Gap was created after pattern signal. Harami signal long was generated inside WRB Hidden Gap Zone, signaling continuation of price action. Profit targets (pt1, pt2, pt3) set at the close of each of the subsequent WRB’s. Initial stop loss placed below the low of the entry bar. Trailing stop is adjusted upward as each of the profit targets are met.

First WRB Hidden Gap Zone created after initial Bullish Engulfing pattern signal at c1 and c2 remains unfilled and still valid for trade signals.

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DOK Chp 3.png
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