Hello Traders,
The market is open, and today I’d like to share a simple yet effective strategy that can help you achieve a risk-to-reward ratio of 1:5, or even up to 1:15.
Start with a higher timeframe – I personally prefer using the 4-hour chart. Identify the swing high (which represents buy-side liquidity) and the swing low (representing sell-side liquidity).
Once the price grabs either the buy-side or sell-side liquidity, switch to a 5-minute or 15-minute chart.
Look for a Fair Value Gap (FVG), which will be your entry point. Set your target at the next swing low, just like I’ve done in this setup.
NOTE - Make sure trades are open or active during London/New York Session!
Even with a 40% win rate, this strategy can put you ahead in the long run.
Good luck, and thank you!
The market is open, and today I’d like to share a simple yet effective strategy that can help you achieve a risk-to-reward ratio of 1:5, or even up to 1:15.
Start with a higher timeframe – I personally prefer using the 4-hour chart. Identify the swing high (which represents buy-side liquidity) and the swing low (representing sell-side liquidity).
Once the price grabs either the buy-side or sell-side liquidity, switch to a 5-minute or 15-minute chart.
Look for a Fair Value Gap (FVG), which will be your entry point. Set your target at the next swing low, just like I’ve done in this setup.
NOTE - Make sure trades are open or active during London/New York Session!
Even with a 40% win rate, this strategy can put you ahead in the long run.
Good luck, and thank you!
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.
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.