Another set up was provided today. I took this trade on the retest of a 15m level after getting confirmation on the 1D, 4H and 1H.
Very simply, i waited for a key level to be broken on a clear trend and then went short once the retest of that key level started to show rejection.
If you can keep your strategy simple you can repeat it easily, and this is key to staying consistent.
My risk s 1% and i will be seeking 2x my risk, once the trade gets half way to my TP i will lock in stops at break even.
I hope this helps.
Very simply, i waited for a key level to be broken on a clear trend and then went short once the retest of that key level started to show rejection.
If you can keep your strategy simple you can repeat it easily, and this is key to staying consistent.
My risk s 1% and i will be seeking 2x my risk, once the trade gets half way to my TP i will lock in stops at break even.
I hope this helps.