ilmscore | A Winning Price Action Trading Strategy Made Simple For Beginners (Day Trading Or Swing Trading)

A Winning Price Action Trading Strategy Made Simple For Beginners (Day Trading Or Swing Trading)

Published: 2023-10-30
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
A previously taken New Zealand Dollar trade achieved its target, resulting in a 1.9:1 reward to risk ratio.
"we do in fact go down enough to hit those 1.9 to1 Targets on this trade"
NZD
Pending
A specific bullish trade was targeted for a 1.9:1 reward to risk ratio.
"right at around a 1.9 to1 reward to risk ratio on this specific trade"
NZD
Pending
The target for a bearish trade was set at a specific area identified as previous support which had acted as resistance.
"my targets were actually a little bit lower right in that area again just based on this next level of support that's been resistance before"
NZD
Pending
The speaker's trading strategy, when using structure for targets, has an approximate 60% accuracy rate.
"for my testing and trading it gives me around a 60% accuracy with whatever Target I use as long as I'm using structure for my targets"
Trading Strategy Accuracy
Pending
The speaker risks between 1% and 2% of their capital on each individual trade.
"for me it's between 1 and 2%"
Risk per Trade
Pending
The speaker limits their overall risk exposure to 10%, meaning they can be in a maximum of five trades simultaneously if risking 2% per trade.
"if I'm risking 2% per trade and I only want to have an overall risk exposure of 10% that means I can only be in five trades at once"
Overall Risk Exposure Limit
Pending