I'm currently participating in a trading competition, which is why I'm opening more trades than usual—these are not on my personal account. Typically, I only open one trade per day on my personal account, but only when my setup shows a high probability of confirmation.
Trade Management: I've decided to open a short position because the price has been creating Fair Value Gaps (FVG) consecutively on the 5-minute chart, and it seems likely that it will seek liquidity in the lower zones. Additionally, there's a 4-hour FVG, which increases the probability of the price continuing to drop. However, once it reaches the sell-stop, I plan to take partial profits (70%).
Risk: 1%
Risk-Reward Ratio: 2.84
Trade Management: I've decided to open a short position because the price has been creating Fair Value Gaps (FVG) consecutively on the 5-minute chart, and it seems likely that it will seek liquidity in the lower zones. Additionally, there's a 4-hour FVG, which increases the probability of the price continuing to drop. However, once it reaches the sell-stop, I plan to take partial profits (70%).
Risk: 1%
Risk-Reward Ratio: 2.84
Nota
First profit reached. SL in BE.Trade chiuso: obiettivo raggiunto
All profits reached. 💥 Explora mi viaje como trader: t.me/jaytradingmm
💰 Ideas detalladas y previsiones semanales
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💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
💥 Explora mi viaje como trader: t.me/jaytradingmm
💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.