US100 Trade Log
Updated
### Trade Setup (29/10/2024) - US100 Aggressive Re-Entry with Pyramiding
1. Initial Entry on 1H FVG:
- Target: 1:2 RRR.
- Risk: 1% of account per entry.
- Stop-Loss: Below the 1H FVG.
- Entry Signal: Look for a pullback into the 1H FVG with bullish confirmation.
2. Aggressive Pyramiding:
- Re-entry with additional positions if price respects the 1H FVG and shows continued bullish momentum.
- Monitor each entry with independent 1:2 RRR.
- Keep total cumulative risk across all entries within risk tolerance limits (e.g., overall 5% max risk if fully pyramided).
3. 4H Signal Confirmation:
- Use 4H timeframe signals (e.g., strong bullish close, support/resistance confirmation) to justify continued re-entries.
- Pyramiding allowed only if 4H signal aligns with the bullish bias, providing added strength to the trade.
### Strategy
- This aggressive pyramiding approach relies on multi-timeframe alignment with the 1H FVG as the entry zone and the 4H chart supporting the trend.
- Track earnings and news, as US100 can be sensitive to market sentiment changes.
- Adjust and manage cumulative risk carefully with each additional entry.
1. Initial Entry on 1H FVG:
- Target: 1:2 RRR.
- Risk: 1% of account per entry.
- Stop-Loss: Below the 1H FVG.
- Entry Signal: Look for a pullback into the 1H FVG with bullish confirmation.
2. Aggressive Pyramiding:
- Re-entry with additional positions if price respects the 1H FVG and shows continued bullish momentum.
- Monitor each entry with independent 1:2 RRR.
- Keep total cumulative risk across all entries within risk tolerance limits (e.g., overall 5% max risk if fully pyramided).
3. 4H Signal Confirmation:
- Use 4H timeframe signals (e.g., strong bullish close, support/resistance confirmation) to justify continued re-entries.
- Pyramiding allowed only if 4H signal aligns with the bullish bias, providing added strength to the trade.
### Strategy
- This aggressive pyramiding approach relies on multi-timeframe alignment with the 1H FVG as the entry zone and the 4H chart supporting the trend.
- Track earnings and news, as US100 can be sensitive to market sentiment changes.
- Adjust and manage cumulative risk carefully with each additional entry.
Trade closed: stop reached
-1%
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