Trading Recap

Introduction

• Three trades taken today
• Focus on S&P and GU (GBP/USD)

Trade on S&P

First Trade

• Downtrend observed
• Breakout occurred → Look for areas of accumulation
• Entered trade based on fair value gap
  • Stop loss: 5 points
  • Lost the trade due to lack of confirmation and improper stop loss placement

Second Trade

• Reassessed situation: Bias not invalidated
• Re-entered trade:
  • Stops under invalidation point
  • Take Profit 1: managed 50% of the position
  • Take Profit 2: managed another 50% of the open position
  • Closed rest upon breaking structure to downside on the 1-minute chart

Lessons from S&P Trades

• Stick to bias: if not invalidated
• Risk management: Risk only 50% earlier, saved other 50% for re-entries
• Trade execution: Waiting for confirmation crucial to avoid unnecessary losses

Trade on GU (GBP/USD)

Overview

• Similar situation to S&P:
• Downtrend observed → Breakout occurred
  • Look for areas of accumulation
  • Price broke structure upwards

Execution

• First Entry:
  • Entered based on break of structure on the 5-minute
  • Managed 50% at Take Profit 1
  • Stop loss at break-even

Additional Take Profit Targets

• Take Profit 2: within reach
• Take Profit 3 & 4: higher timeframes, potential for significant profit

Risk Management Strategy

• Risk leveraging:
  • Initial loss: 50% of daily risk
  • Trades hit TP reduce loss to 25% of daily risk
  • Remaining 75% risk used for high-confidence setups
  • Overall profit by the end of the day thanks to multiple TPs being hit

Practical Application

• Avoid over-risking: Balance between gain and risk
• High-confluence setups: take only confident trades
• Monitor trades actively: Adjust for best profit outcomes

Conclusion

• Performance Satisfaction: Great trading results today
• Continuous Learning: From both mistakes and successes
• Live Trading: Encourages joining the Discord community

Extras

• Content Update: Strategy video coming soon
• Watch today's vlog: includes workout session

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