Bearish on NAS. Monthly FVG below is what I am seeing as the current draw on liquidity. after that gets tapped price may either want to push into it, or reverse and take out some of the recent highs.
บันทึกช่วยจำ
In a short from the 2H FVG.
บันทึกช่วยจำ
moving well. need to see price trade to and through the weekly open.
บันทึกช่วยจำ
weve traded to the weekly open, looking to see it trade through.
บันทึกช่วยจำ
slow grind but still in it.
บันทึกช่วยจำ
forward testing an add on nas after nyse open
บันทึกช่วยจำ
forward testing the add here going off the 4H chart. considering using the 4H chart primarily for trade ideas and only going to lower timeframes once we are in 4H POIs to avoid getting whiplashed around as I have more recently
บันทึกช่วยจำ
the added forward test position could have been taken from 50% of the OB with the same stoploss for a better R/R while maintaining the same criteria for invalidation.
บันทึกช่วยจำ
4H OB holding nicely. I will be working off the 4H more often moving forward.
บันทึกช่วยจำ
บันทึกช่วยจำ
Approaching TP1, glad to have gotten some movement ahead of FOMC mins at 2PM.
บันทึกช่วยจำ
TP1 hit.
บันทึกช่วยจำ
great TP selection as price is reacting as expected off of it. lets see if it dips once more for TP 2.
บันทึกช่วยจำ
stoploss moved to above the PM session high.
บันทึกช่วยจำ
gave it room. I dont think the dip is done.
บันทึกช่วยจำ
Sl moved back to what should be the PM session high
บันทึกช่วยจำ
What thoughts go through your mind as price approaches but has not hit your TP?
"Should I close now? what if it runs away from me? should I move my TP to get more profit? Im kind of hungry should I order takeout?"
Journal these thoughts and come up with an approach. There is nothing wrong with closing your position early so long as you are making that decision in logic and not out of fear.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
TP 2 hit, trade collapsed.
บันทึกช่วยจำ
Trade breakdown
บันทึกช่วยจำ
looking to buy
บันทึกช่วยจำ
Tapped in. TP levels set lets see how she fares.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
did not hold. I still like longs so lets see.
บันทึกช่วยจำ
We are in extreme HTF discount here in the Weekly FVG. I will take one more shot from this level, which is a 1:1 mirror of the price traded above the weekly open, inside the 4H BPR.
บันทึกช่วยจำ
tapped in. Same TPs as before for now.
บันทึกช่วยจำ
encouraging initial reaction, but we need to get above the recent high to be safe and it's still a ways away.
บันทึกช่วยจำ
going break even.
บันทึกช่วยจำ
Can you see it yet?
บันทึกช่วยจำ
giving it back full stoploss.
บันทึกช่วยจำ
damn its not looking good brev. buy was premature.
บันทึกช่วยจำ
Stopped out and one last try. IDK mayne everything is telling me we go up. its the end of the week, sellside chasing should be over.
บันทึกช่วยจำ
บันทึกช่วยจำ
Was wrong on NAS as price did not seem to have any interest in chasing buyside the second half of the week. I still think we are in discount and buys are attractive, but the market structure has not yet changed to support this.
บันทึกช่วยจำ
one last buy attempt for the week.
May god have mercy upon me. 😂
บันทึกช่วยจำ
No funny business Friday's. SL below the low after a validated 15min OB
บันทึกช่วยจำ
still in this, had to give SL some breathing room as it looks like a search and destroy liq clearing played out.
บันทึกช่วยจำ
notice how no bodies close below the OB, only wicks. This is crazy messy trading.
บันทึกช่วยจำ
finally getting some encouraging market structure. its about to be noon on friday in an hour, might not get the sort of expansion I was hoping for. Will re-evaluate TP levels.
บันทึกช่วยจำ
TP levels reduced.
บันทึกช่วยจำ
TP reduced again, not getting near the expansion I had wanted earlier.
บันทึกช่วยจำ
taking first profit at london high.
บันทึกช่วยจำ
crazy scenes. TP is never guaranteed.
บันทึกช่วยจำ
TP2 hit, what a battle this one was ffs.
บันทึกช่วยจำ
glad with the TP selection here. look at the reaction both times. Done for the week for obvious reasons.