Hello Traders.
Welcome to today's trade idea by GTradingMethod.
🧐 Market Overview:
I’ve opened a short on the cash500 (S&P 500) at 6521. All GTradingMethod variables have been met, which means this trade setup qualifies under my system.
Additional confluences suggesting weaker buying strength include:
- RSI making lower highs while price pushed higher highs.
- Volume tapering off toward the latter part of the rally.
- MACD on sell signal
The only hesitation is that money flows have not decreased in the later stages of this move — but rules are rules. My edge is probability-based, so when my variables align, I must take the trade consistently.
📊 Trade Plan:
Risk/reward = 9.2
Entry price = 6520
Stop loss price = 6544
Take profit level 1 (50%) = 6370
Take profit level 2 (50%) = 6215
💡 GTradingMethod Tip:
A high RR doesn’t make a trade safer — it simply reflects how far the market could move relative to your risk. Always focus on process and probability, not just the potential payout.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts - I would like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Welcome to today's trade idea by GTradingMethod.
🧐 Market Overview:
I’ve opened a short on the cash500 (S&P 500) at 6521. All GTradingMethod variables have been met, which means this trade setup qualifies under my system.
Additional confluences suggesting weaker buying strength include:
- RSI making lower highs while price pushed higher highs.
- Volume tapering off toward the latter part of the rally.
- MACD on sell signal
The only hesitation is that money flows have not decreased in the later stages of this move — but rules are rules. My edge is probability-based, so when my variables align, I must take the trade consistently.
📊 Trade Plan:
Risk/reward = 9.2
Entry price = 6520
Stop loss price = 6544
Take profit level 1 (50%) = 6370
Take profit level 2 (50%) = 6215
💡 GTradingMethod Tip:
A high RR doesn’t make a trade safer — it simply reflects how far the market could move relative to your risk. Always focus on process and probability, not just the potential payout.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts - I would like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.