GER40 Trade Log### 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.
