BTCUSD Trade Log

2 gru 2024

BTC Long in 4H FVG

Entry: Within the 4-hour Fair Value Gap (FVG) at a relative discount level.

Risk Management: Risk 1% of your trading capital, incorporating any commissions.

Risk-Reward Ratio (RRR): 1:2 (set the take-profit at twice the distance of the stop-loss).

Take-Profit (TP): Position the TP below the 1-hour bearish FVG, which has signaled a potential short opportunity.

Confirmation: Ensure a strengthening uptrend in the Cumulative Volume Delta (CVD) to confirm increasing buying pressure.

This strategy balances the long opportunity while respecting potential bearish setups in shorter time frames.

3 gru 2024

Transakcja zamknięta: osiągnięto wyznaczony cel

The long wasn't performed but I did get a quick short in which I failed to post. No need to take my word for it but I did mention that make sure to TP before that 1H FVG.