TP (Take Profit)
An order that closes a position at a pre-set profit level.
In our system, TP targets are weak structure (weak high/low) on the setup TF class. MTF setups target 15M/30M/1H weak structure. LTF setups target 1M/3M/5M weak structure. Exit criteria: within 0.5 pips of TP, be ready to close immediately.
Learn to actually use TP.
Definitions are the easy part. The free first five modules put this on a real chart and make you do the work. No card required.