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Cory4rex
Oct 24, 2022 7:48 PM

SPX bullish FVG example with pendings Education

SPX 500 IndexBlackBull Markets

Description

4H+FVG entry (pending order)

Entry at the high, middle, and low with risk on each set 0.25% for the high, 0.50% at the middle and 1.0% at the low.

Initial stop loss below the candle that created the FVG or below the last swing low. In this case I used the FVG candle low.

If the high failed to be taken out, close partials, make sure stop is in profit or BE, and look for the middle and low entry execution as long as news doesn't impacts price action.

High taken out with an impulse candle.

Low made within a bullish point of interest in the form of a fair value gap.
Comments
UttamExcel
Thank you very much for your time and effort in explaining this! Kudos Cory4rex!
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