First week of February should be interesting as NFP is on friday. Here is what i am seeing in the market from a liquidity perspective. Would like to ultimately see price melt. But it can do a number of things between now and Friday.
I will be posting the following on my YT channel
- Video style weekly outlooks
- Video style weekly recaps
- Risk management techniques
- Psychological conditioning techniques
My first video breaks down the concepts of liquidity, time, and price from a big picture perspective.
I will be posting the following on my YT channel
- Video style weekly outlooks
- Video style weekly recaps
- Risk management techniques
- Psychological conditioning techniques
My first video breaks down the concepts of liquidity, time, and price from a big picture perspective.
코멘트:
im long on EU and doubled up position after a bullish BMS above the daily open and a return to the open.
코멘트:
going BE
코멘트:
코멘트:
looking for a quick expansion move
코멘트:
added to my position. Not looking to see price trade below the weekly open until liquidity capture.
코멘트:
Still in both, had to give the second more room and take on more risk, was with minimum risk, however this is not a risk management habit that will serve in the long term.
Still in both, had to give the second more room and take on more risk, was with minimum risk, however this is not a risk management habit that will serve in the long term.
코멘트:
Closed out for small profit. I didnt get the expansion I was looking for. know when to cut the bait.
코멘트:
I dont usually trade asia, but I think EU could be cooking something off the breaker block. would need for asia low to not be violated by london to survive this. small risk.
I dont usually trade asia, but I think EU could be cooking something off the breaker block. would need for asia low to not be violated by london to survive this. small risk.
코멘트:
putting SL below the low, not looking to absorb significant drawdown on this, its either it or its not.
코멘트:
Going fully BE
코멘트:
moving well. the breaker block play was premature during NY session but the idea was valid. playing off the breaker during NY is sneaky and not ideal for participation as I usually dont trade asia.
매매 수동청산:
Closed out for profit before NY open. Puts me squarely back in the green for the week. I still believe price will complete TPs, but there is high impact news and I want to secure what I got. Would look to re-enter long if news gives a significant retracement during NY
Closed out for profit before NY open. Puts me squarely back in the green for the week. I still believe price will complete TPs, but there is high impact news and I want to secure what I got. Would look to re-enter long if news gives a significant retracement during NY
코멘트:
price continues to climb to initial targets. Which is fine. The goal is to make decisions with certainty. Price is always going to be moving, but you need to justify exposure based on analysis of the risk.
코멘트:
looking for a short
코멘트:
tapped in
코멘트:
reducing risk
코멘트:
geez, glad i was on he right side, the slippage would have been crazy if not. Probably should second guess trading news in the future.
코멘트:
TPs set, SL to BE
코멘트:
close to taken out at BE. just gonna let this play however it wants to. that 1min OB has its work cut out for it.
코멘트:
well i'll be lol. SL in profit.
코멘트:
taken out just over BE. all good. idea was valid. TPs were valid. market is in a weird state as a lot of news. Probably done for the day.
코멘트:
short on EU with small risk
코멘트:
reducing exposure
reducing exposure
코멘트:
risk free
코멘트:
I think EU is bearish short term for a while, not a swing trader tho so wont be holding.
코멘트:
the market isnt going to let up and give a retracement. everybody chasing the buy after yesterday's news will be forced to cover.
코멘트:
would like an opportunity to add to the position. something like this.
코멘트:
added to pos off 15 min FVG.
코멘트:
not expecting another high.
코멘트:
would like to see it expand quickly to the downside.
코멘트:
the bullish breaker is a risk to the trade as it can reverse price. but my bias is that it fails.
코멘트:
price will expand lower as they are forced to cover their positions.
코멘트:
if you look at DXY, price did not trade above the open price. this represents a buyside inefficiency that price will want to fill after having achieved liquidity below.
코멘트:
theoretical short added for education/learning, not a real position.
코멘트:
TP1 Hit, 80% closed out. Theoretical trade would have been profitable.
거래청산: 타겟 닿음:
Decided to close entire position and book the trade completely as price hits an 8hr FVG.
코멘트:
considering a low risk buy.
코멘트:
tapped in, done for the day if it fails.
코멘트:
reduced risk.
코멘트:
going fully BE.
코멘트:
added a TP
코멘트:
theoretical add for analysis
코멘트:
theoreticall wouldve been stopped out. 30min FVG below.
코멘트:
added to position forreal.
코멘트:
flying close to the sun on 2nd pos.
코멘트:
price is moving favorably.
코멘트:
added another position, this is pretty risky ill be honest. but for now i like the idea.
코멘트:
4th position added. all other SL moved to BE, so that risk remains 1R for entire trade idea.
코멘트:
코멘트:
closed first pos for profit so I could give these more room
코멘트:
giving it till this low. risk management wasnt 100 today, but still in profit.
코멘트:
looks like trade may survive, got a little carried away. Hubris. should have waited for afternoon session.
코멘트:
limiting exposure as price turns favorable.
거래청산: 스탑 닿음
코멘트:
demo trading today as its NFP. but i would look for a short in this area if price returns.
코멘트:
looking for a sell if i cant get a signal (demo)
코멘트:
demo short
코멘트:
didnt hold, taken out quickly.
코멘트:
one more attempt similar entry
코멘트:
demo
코멘트:
TPs set
코멘트:
blink and you miss it. the slippage would be crazy if you are on the wrong side. thats why we demo
코멘트:
코멘트:
was not expecting that deep a retracement. anyones guess what price does next.
코멘트:
Taken out BE after a ride. oh well. done for the week. probably wont trade on monday. back on tuesday.
코멘트:
코멘트:
giving it one more chance on demo. this area really should act as resistance.
코멘트:
looks to be moving well. added to position. however i feel like i have overtraded this week even though it has been profitable. will try to be a bit more measured into next week.
코멘트:
high confidence of completion at this point.
코멘트:
impatient traders would've bought at the first signs of "reversal" trying to buy low and sell high. without a narrative as to what price is going to achieve. price takes its time to achieve its targets in order to "bait" traders into bad positions and thus bring more liquidity into the market.
Price then achieves its targets capturing all of this induced liquidity along the way.
Yes, price is low, but is it low enough? if not why are you buying? its not low enough in my opinion. which means market makers are likely to keep pushing.
Price then achieves its targets capturing all of this induced liquidity along the way.
Yes, price is low, but is it low enough? if not why are you buying? its not low enough in my opinion. which means market makers are likely to keep pushing.
코멘트:
3rd position added. SL moved to profit for the other 2.
코멘트:
all SLs moved to BE of the last position.
코멘트:
You can be right, or wrong, but price is not random. you need to have a basic understanding of how price delivers, and a hypothesis on what price is trying to achieve.
Then you need a risk management approach that accounts for when your hypothesis wrong.
Then you need a risk management approach that accounts for when your hypothesis wrong.
코멘트:
didnt see this 30 min FVG, giving them more room and taking on more risk on 3rd.
코멘트:
SL back to BE for the third. not moving it any more. whatever happens happens. last update till either SL or TP.
코멘트:
TP 1 hit and 80+% closed out. considering this trade over, small runners till final TP.
Back at it next week!
Back at it next week!
코멘트:
all TPs hit, look like TP 2 was the weekly bottom level.
Let the algo show you its hand.