Risk Recap

Risk Recap on 4hour Anchor Trade plan
Swing trading based on 4hr Time frame,
Let Your risk criteria be a max of 35 pips a week, either one or a combination of traders that are taken.
So you know at any period based on risk/reward of 35pips a month will be your risk limit.
1.Let risk management determine your decision.
2.Bank half @ 30pips
3.Targets 3:1
4.Approach is a retracement to support /resistance/ breakout zones selling into strength and buying into weakness.
Attempt to use Momentum tactics
candle stick
stochastic
Rsi
as desired conformation on lower time frames before pulling the triggers.
5.A combination of 4hr, 1hrly and 15minute used as an entry time frame