hello my friends !
couple things I want to make clear , I trade pre- breakouts and usually the win rate is pretty good not to mention my rr usually 1 to 7rr .
my pre- breakout usually works better on higher time frames as you know the markets " usually play out better with " high times frame more specially in forex pairs .
I wanted to give try on indices to see how it goes , anyways just have to get that out the way .
this trade I believe I mention is B set up because even tho all my confirmation is there I am still trade against overall trends that usually I don't do on my A+ SETUPS .
1 - my stop loss is always Very calculated and thought out , if the market hit out stop loss the trade is invalid and those happens about 50% of the times is just what it is , but the other 50% times the market goes to grab liquify and some gaps and those areas I target .
2- this trade is performing how I initially thought it would , if we go 1 o 1 on profit place sl at break even since b setups . ( against overall trends )
3 - usually my entries on 78 % fibs but us30 moves very fast that why is almost 85% retracment place on fibs although that was still some draw down .
anyways will update y'all later with this trade
-will
couple things I want to make clear , I trade pre- breakouts and usually the win rate is pretty good not to mention my rr usually 1 to 7rr .
my pre- breakout usually works better on higher time frames as you know the markets " usually play out better with " high times frame more specially in forex pairs .
I wanted to give try on indices to see how it goes , anyways just have to get that out the way .
this trade I believe I mention is B set up because even tho all my confirmation is there I am still trade against overall trends that usually I don't do on my A+ SETUPS .
1 - my stop loss is always Very calculated and thought out , if the market hit out stop loss the trade is invalid and those happens about 50% of the times is just what it is , but the other 50% times the market goes to grab liquify and some gaps and those areas I target .
2- this trade is performing how I initially thought it would , if we go 1 o 1 on profit place sl at break even since b setups . ( against overall trends )
3 - usually my entries on 78 % fibs but us30 moves very fast that why is almost 85% retracment place on fibs although that was still some draw down .
anyways will update y'all later with this trade
-will