Pair: GER40 (DAX) Timeframe: 1 Hour Setup: Long within 1-hour Fair Value Gap (FVG)
Trade Parameters: - Risk-Reward Ratio (RRR): 1:2 - Risk: 1% of account - Entry: Look for confirmation signals within the 1-hour FVG
Stop-Loss and Take-Profit: - Stop-Loss: Positioned just below the entry trigger point within the FVG - Take-Profit: Target set at twice the stop-loss distance, achieving the 1:2 RRR
Additional Notes: - Utilize strong confirmation signals to support this setup - Monitor market conditions that could impact GER40 volatility