Germany 40
Short
Updated

Wed 2024 09 25 - Short - DE40 8am H4 double color

90
||| Stats |||

Stats Day:
** 08:00 H4 double color, - Short
** 09:30 VOLD ???, AD ???, Senti +18, Agio St ???, Lg ???, - Range
** 09:45 VOLD +1.4, AD +1.2, Senti -3, Agio St +0.05, Lg +0.05, - Range
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short

Stats Week:
** DE PMI: - low,
** EU PMI: - low,
** US PMI: - low,
** Mon Morning rule - 2 day break out - up,
** Tue return to W1 trend and not a W1 trend change - pending,

Stats Month:
** Sep turn - pending,

Stats Year:
** US Election,

||| Trade Taken |||

Trade Taken:
** Time frame:
* H4

** Time:
* 08am,

Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
* Senti +61,
* m45 close outside m45 BB

Risk Reward:
** Risk:
* Initial Turn,

** Target:
* R 1:1,
Trade closed: stop reached

** Results:
* Trade in SL on 4am candle,

Analysis:
** Was trade executed correctly?:
* Based on 8am H4-double rule executet correctly
* Short-interpretet Tue rule - should wait also for Wed return into trend,
* Should have closed the loss making trade at 9pm,

** Improvements:
* Also on Weds look for return into trend, where Tue could not achieve that,
* Close loosing trades at 9pm,

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.