Second Chance Setups: Turning Loss into Profit | SMC Trading Strategy

๐Ÿ“Œ ๐‰๐จ๐ข๐ง ๐š ๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐ญ๐ซ๐š๐๐ž๐ซ๐ฌ ๐ฐ๐ก๐จ ๐ฌ๐ก๐š๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐š๐ฌ๐ฌ๐ข๐จ๐ง ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ: โžก๏ธ https://get.starseedfx.com

๐Ÿ†…๐Ÿ…ธ๐Ÿ…ณ๐Ÿ…ด๐Ÿ…พ ๐Ÿ†‚๐Ÿ†„๐Ÿ…ผ๐Ÿ…ผ๐Ÿ…ฐ๐Ÿ†๐Ÿ†ˆ / ๐Ÿ…บ๐Ÿ…ด๐Ÿ†ˆ ๐Ÿ…ฟ๐Ÿ…พ๐Ÿ…ธ๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ†‚:

The overall market trend on the H-1 & H-4 timeframe was strongly bearish, but without a clear setup for a sell trade, a counter-trend setup was established for a pullback, despite a low expected RR ratio. A specific candle marked the H-1 point of interest (POI), leading to the setup of an entry point in the M-5 timeframe.

Several features, including a minor ChoCh, liquidity sweeper, and Fair Value Gap or Imbalance, informed the decision to place a buy order. The take-profit target was set at a specific imbalance level, but the stop loss was hit despite reaching this level.

A second entry, shared by Anne, proved successful, resulting in a 30RR gain from two trades, despite one loss. Even though the market sometimes disrespects seemingly perfect setups, it occasionally offers second-chance setups. Itโ€™s important to have a robust setup strategy, including a higher timeframe POI, liquidity, a change of character, an Imbalance, and an order block from a lower timeframe. If trading a counter trend for a pullback move, managing the risk-reward carefully is recommended.

#CounterTrendSetup
#TradingImbalance
#OrderBlockStrategy
#BearishTrend
#H1Timeframe
#H4Timeframe
#RiskRewardRatio
#PointOfInterest
#LiquiditySweeper
#FairValueGap
#BuyOrderStrategy
#StopLossManagement
#SecondEntrySuccess
#TradingWithAnne
#30RRGain

โš ๏ธ DISCLAIMER โš ๏ธ

The information on this channel is for educational purposes only. It should not be taken as a substitute for consultation from a financial expert. Before trading in the financial market, please consult your financial advisor. Some available contents do not consider your personal objectives, financial situations, or needs. We want to encourage you to seek independent advice if necessary.

Any data and information provided โ€˜as isโ€™ solely for informational purposes and are not intended for trading purposes or advice. StarseedFX does not take any responsibility or liability for any financial investment initiated or carried out based upon or using information from StarseedFX.

You May Also Like