We often talk about getting the 30R trade in our Skype group but, needless to say, they don't come along too often. Fortunately for us, the start of a new London session on the first day of the month presented the perfect opportunity.
This was a prime example of perfect timing to get in at the very start of Wave 1; there was also a bit of luck with the placement of the stop loss that was so nearly taken out. I've made a very short video to explain why and where I entered and placed my SL, and how I managed the trade to the 30R objective - available for viewing in the Trader Training course. Indicators used, as always: eWavesHarmonics and the ABC123 add-on. Timeframes referred: M15 and M1; after pre-session top-down analysis. Simple stuff really that anyone can do. when the conditions are good.
2 Comments
Steve
1/7/2022 04:20:59 pm
Cheers Immy :) Hunting for the lowest pip/point risk trading opportunities is the most enjoyable part of trading, You can squeeze 5R+ out of the most rubbish of price action that way. As you will know, ATM is a big help for such trades. Let's hope July brings more 30+ Rs for us all.
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