Valid buy signal by the Slope Rider on the 5′ chart in E-mini ES proves to be profitable.
It depends on your Risk Management how many contracts would have traded, which target to select; what’s important is to move the Stop Loss at BE as soon as possible, then could also trail it just below the MA Hull for larger profits.
It’s up to you.
In a difficult day to trade like this having such a reliable signal is very useful.
If you were short this could have been the signal for your take profit for example.
Savius is a Funder who provides his traders with a complete strategy, easy to follow, and profitable!
This strategy is complete, yet discretionary: yes you still have to switch on your brain! Don’t just get every signal that pops up!
Soon I’ll publish a complete guide to the Slope Rider.