The reasoning
--------------
D1 h1 reversal back to lows on eurusd
The approach - multi trade options
We cover all possible scenarios and break this reversal move into 6 possible price action trades.
The rr for the 6 trades:
--------------
1.55
3.37
4.69
1.98
4.57
1.99
total r/r-
--------
18.15 / 6 trades
3:1 is the risk reward as average for those 6 trades
if all 6 trades take we have a 18.15 risk reward here
so for a 0.25% risk of account total on these 6 trades
this yields a 4.5% gain
I believe in multi-optioning approach in trading
as there is no 'one' single option for a trade or market movement
based on mtf analysis
the d1 reversal can present 6 possible trades on m15
so we take all 6 to average out the probabilities
this move should be completed on monday 31.7.23 - on eurusd for all 6 trades.
--------------
D1 h1 reversal back to lows on eurusd
The approach - multi trade options
We cover all possible scenarios and break this reversal move into 6 possible price action trades.
The rr for the 6 trades:
--------------
1.55
3.37
4.69
1.98
4.57
1.99
total r/r-
--------
18.15 / 6 trades
3:1 is the risk reward as average for those 6 trades
if all 6 trades take we have a 18.15 risk reward here
so for a 0.25% risk of account total on these 6 trades
this yields a 4.5% gain
I believe in multi-optioning approach in trading
as there is no 'one' single option for a trade or market movement
based on mtf analysis
the d1 reversal can present 6 possible trades on m15
so we take all 6 to average out the probabilities
this move should be completed on monday 31.7.23 - on eurusd for all 6 trades.