Taking Profits

Taking ProfitsLesson 2 of 104 min read

Exit at the blocks

The whole rule for take profits in one line, why the blocks work as destinations, and what is not allowed on the list.

The rule for take profits is one sentence long. The rest of this module is how to apply it.

The rule

Take profit at your building blocks.

The building blocks are the three things this course has taught you to mark. A pool of orders resting at an obvious high or low. An order block, meaning the range a turn was made in. A fair value gap, meaning the empty range a fast move leaves.

Any of them sitting ahead of your trade is a candidate exit.

Every target you ever set is one of three things you already know how to draw.

Why price travels to them

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