Trading Plan: Long Position
1. Trade Setup Overview
Instrument: 1000FLOKIUSDT Perpetual
Direction: Long
Position Type: Swing trade (short-term, intraday to 1–2 days)
2. Entry Strategy
Entry Price Range: 0.1125 – 0.1130
Enter in this zone after a small bullish candle close on 15-min or 1-hour chart.
3. Stop Loss (SL)
Stop Loss Level: 0.1090
Below recent wick low to protect capital from breakdown.
4. Take Profit (TP) Targets
Target 1 (Partial Book): 0.1160 (10 EMA zone)
Target 2 (Major Resistance): 0.1178 (Recent swing high)
Target 3 (Stretch Target): 0.1200 (psychological & fib resistance)
5. Risk-Reward Analysis
Risk per Unit: ~0.0035
Reward Potential:
T1: 0.0030
T2: 0.0053
T3: 0.0075
Risk:Reward (approx): 1:1 to 1:2.1
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6. Position Sizing (Example)
Assuming your trading capital = $500, and you risk 2% ($10) on this trade:
Risk per unit = 0.0035
Position size = 10 / 0.0035 = ~2857 units (or 2.857K 1000FLOKI)
Use leverage only if you're comfortable and manage liquidation risk carefully.
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7. Trade Management
Move SL to entry after reaching Target 1.
Trail SL below last higher low if price moves toward Target 2–3.
Close entire position near 0.1200 or if price shows reversal patterns.