### Trade Setup (29/10/2024) - GER40 Long Re-Entry in 30-Minute FVG
1. Initial Long Entry in 30-Minute FVG:
- Target: 1:2 RRR.
- Risk: 1% of account per entry.
- Stop-Loss: Below the 30-minute FVG.
- Entry Signal: Wait for a retracement into the 30-minute FVG with a bullish confirmation before entering.
2. Re-Entry Strategy:
- If the price respects the 30-minute FVG and shows continued bullish momentum, re-enter with additional positions.
- Each re-entry maintains a 1:2 RRR with independent stop-loss placement.
- Total cumulative risk for all entries should not exceed 5% of the account to manage exposure.
### Strategy
- Multi-timeframe alignment using the 30-minute FVG as a demand zone for re-entries.
- Watch for high-impact news related to the DAX or European markets, as these can impact GER40 volatility.
- Manage risk per re-entry, ensuring that cumulative exposure remains within acceptable limits.
1. Initial Long Entry in 30-Minute FVG:
- Target: 1:2 RRR.
- Risk: 1% of account per entry.
- Stop-Loss: Below the 30-minute FVG.
- Entry Signal: Wait for a retracement into the 30-minute FVG with a bullish confirmation before entering.
2. Re-Entry Strategy:
- If the price respects the 30-minute FVG and shows continued bullish momentum, re-enter with additional positions.
- Each re-entry maintains a 1:2 RRR with independent stop-loss placement.
- Total cumulative risk for all entries should not exceed 5% of the account to manage exposure.
### Strategy
- Multi-timeframe alignment using the 30-minute FVG as a demand zone for re-entries.
- Watch for high-impact news related to the DAX or European markets, as these can impact GER40 volatility.
- Manage risk per re-entry, ensuring that cumulative exposure remains within acceptable limits.
Trade closed: stop reached
-1%
Fondera | Data-Driven Trading
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Fondera | Data-Driven Trading
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.