Space
Space is simply the profit margin of a trade. It is the distance between our entry point and profit target. Space
determines our risk reward ratio. Before entering a trade we need to ensure there is enough space for the trade
to move. I think many traders ignore this aspect.
In fact this is one of the most important things to consider when entering a trade. Price takes the path of least
resistance. Most of the time the First Trouble Area will give some opposing order flow and cause the price to stall.
I have written a post on how to deal with FTA earlier ( Read)
030.1 ▪️Space