Trade type BBB
Reasons for taking this trade:
- We are in daily demand.
- exgf move has already happened.
- 3OBs have been created hence fulfilling the 3-touch move strategy.
- 4HR candlestick might close bullish.
- We already have our choch
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%