Pay attention to the updates section as I will be posting when I will be entering my trade.
The analysis is made based on order flow using volume profile + EW
Expecting a bounce off of the Fibonacci zone
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
The analysis is made based on order flow using volume profile + EW
Expecting a bounce off of the Fibonacci zone
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Anmerkung
My entry criteria will be a 15m bull candle forming in the PRZ regionAnmerkung
moving closer and closer towards the PRZAnmerkung
Buy stop set at 1.1620Anmerkung
Trade ist aktiv
Anmerkung
Stop loss set at 1.1608 (12 pips risk)Anmerkung
Stop loss moved to 1.1613 cutting down my risk to 7 pipsAnmerkung
stop loss moved to 1.1616 cutting down my risk to 4 pips nowTrade wurde manuell geschlossen
trade closed manually with 6 pips profit - it was moving real slow, rsi is oversold and we get a bear trend candle - more than enough of a reason to get outAnmerkung
top level was reached but oh well already closed the tradeAnmerkung
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.