American Express Trade Result – RR of 1.61 on Sell & Buy Setups

I’m excited to share my latest trade idea for American Express (AXP) based on my custom indicator. The system recently signaled a sell, followed by a buy setup, each carefully calibrated with a stop loss set at our historical average loss and a take profit aligned with our historical average win—yielding a consistent risk–reward ratio of 1.61. This approach ensures disciplined entries and exits, and I’ll be updating the idea as market conditions evolve.

1. Sell Setup:
• Signal: My indicator generated a sell signal based on a confluence of conditions ( VWAP, Daily Open, and momentum parameters).
• Stop Loss (SL): The stop loss is placed according to the historical average loss observed from previous setups, ensuring controlled risk.
• Take Profit (TP): The TP is set based on the historical average win, which gives a risk–reward ratio of 1.61.
• This setup clearly shows why the system signals a sell, and the trade is entered accordingly.

2. Buy Setup:
• Signal: Shortly after the sell, the indicator generated a buy signal, suggesting a reversal in the trend.
• Stop Loss (SL): Again, the SL is determined by the historical average loss metric.
• Take Profit (TP): The TP is set using the historical average win, maintaining the same risk–reward ratio of 1.61.
• This buy setup confirms the reversal and aligns with the indicator’s overall reasoning.

. I will continue to update these ideas as new signals and market conditions arise.