### 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%
Fondera | Data-Driven Trading Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
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 Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
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.