Patrick2707

US 100 short - scalp trade

Short
CAPITALCOM:US100   US 100
Taken a short scalp trade on US 100 based on the LTF invalidation and the overall 1H breaker (red box). Not much to update on the pa the market is just taking out liquidity and setting up for the silver bullet of the afternoon.

Keep an eye on the 15 min breaker (blue box)

Will leave it to this trading for today...honestly spent most of the time tape reading and WAITING for a setup and entered two trades with less size than usual. No need to risk as much when you're not spotting the 'easy trades'... RISK MANAGEMENT IS AS IMPORTANT AS PROFIT.

Entry 18097.5
TP 18085
SL 18103

Overall HTF market perspective remains the same until proven otherwise.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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.