Back testing the false move at 2 am scalp trade idea
Price swings up in Asia and takes recent clean equal highs. Breaks down just after the 1 am macro. Asia session moves from premium to 50%
Good indication that price would sweep sell side considering my day idea is price sweep lower and set up for a long later.
I suspected that Price would drawl to the down side and take out the clean equal lows and efficiently priced FVG.
I entered on the .618 1.05430 Target was the clean equal lows and the two FVG. Would take a partial at 1.05357 and let it ride to 1.05307. Working on tight entries and learning how to do partials-hopefully today.
Sloppy entry and got kicked out with the stop loss. All good got back in and trusted my analysis and felt the heat. It did move to where I had suspected. Tighter entries come with trust. Keep going. Back testing 10,000 hours is fun!
Celebrate your scalp trade of 12 pips and build in the consistency of your analysis.