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Take Profit

  1. Is the current trend bullish or bearish?

2. Is the main trend bullish or bearish on selected timeframe?

3. Where is price now? where are the keylevels?

4. Are there any Price Action?

5. Are there any failed Price Action?

6. Is there evidence that the market is getting rid of buyers or sellers?

💰       “What is Take Profit”

Quotes:

  1. “Let Price Tell the Story.”

  2. “Price Never Lies – Everything Else Might.”

  3. “Trade What You See, Not What You Think.”

  4. “Candles Speak Louder Than Indicators.”

  5. “The Truth is in the Candles.”
 

The Golden Rule: Have a Plan Before You Enter!

No matter which method you choose, the most crucial aspect of taking profit is to define your take-profit point before you enter the trade. This prevents emotional decisions and ensures you’re trading with discipline. It’s part of your “best setup” plan!

      1. “Advantages of this Trading Edge?”

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

                1. “Take Profit”

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

           2.“Take Profit on Charts”

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

      3. “Take Profit vs. Not Take Profit

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

  4. “See What happens with the account you are doubling when using Take Profit vs  Trading Without a Take Profit”

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

      5. “Videos: Take Profit in Action

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

      5. “The Story of Taking Profit

In the dynamic world of financial trading, key levels are the unsung heroes of technical analysis. Think of them as crucial lines in the sand on a price chart – specific price points where an asset’s value has historically shown significant reaction. Whether acting as support (a floor preventing further falls) or resistance (a ceiling preventing further rises), these levels are where supply and demand typically battle it out. Understanding them is fundamental, as they offer traders powerful insights into potential price reversals, continuations, and strategic points for entering or exiting trades.

Conclusion/Sammanfattning

💰 What is a Take Profit?

A Take Profit (TP) is an order that automatically closes your trade when the price reaches your target profit level.

It’s the opposite of a Stop Loss — instead of limiting your loss, it locks in your profit.

💰📌 Example:

You buy EUR/USD at 1.1000 and set a

  • Take Profit at 1.1100

  • Stop Loss at 1.0950

If price goes up to 1.1100 → your position closes automatically with profit.

 

💰✅ Why Use a Take Profit?

  • 💸 Secures your gains without needing to monitor the market.

  • 🧠 Removes emotions like greed or hesitation.

  • 📊 Follows your trading plan with risk-reward logic (e.g., 1:2).

  • ⏱️ Efficient trading – it works even when you’re away from the screen.

  1. Is the current trend bullish or bearish?

2. Is the main trend bullish or bearish on selected timeframe?

3. Where is price now? where are the keylevels?

4. Are there any Price Action?

 

5. Are there any failed Price Action?

6. Is there evidence that the market is getting rid of buyers or sellers?

💰

The Golden Rule: Have a Plan Before You Enter!

No matter which method you choose, the most crucial aspect of taking profit is to define your take-profit point before you enter the trade. This prevents emotional decisions and ensures you’re trading with discipline. It’s part of your “best setup” plan!

💰Tips for Placing Take Profit:

  • Use technical levels: resistance, previous highs/lows, Fibonacci.

  • Follow a risk-reward ratio: e.g., if you risk 50 pips, aim for 100 pips profit.

  • Adjust for volatility – in fast markets, TP may need to be wider.