22 Mar How did I trade today? 20220322
#fintwit #orderflow #daytrading #dailyreportcard #tradinglifestyle #daytraderlife #tradingforex #tradingcommodities #NEXT
A small summary of how I did during the session. Things I did well. Things I need to keep working on. Trade Reviews are part of my post-mortem but usually I post those the next day.
My weekly goals:
- Trading rules
- Use SL scaling in case the profit target for the setup doesn’t provide 2R for example for FA or VAA setups
- No early exits, either hit SL or target
1–3 (3 being good)
3 Pre-market routines
3 Session PECS
3 Clarity — in tune with price
DAX — What Market Narrative Played Out? (Keep it short!)
- Price accepted value and rotated through
- D closed as an inverted hammer and I considered going long expecting a continuation but I did not get the entry I wanted so I let it go. Also, D1 C‑sup right above.
- E and F formed a Poor High but there is some structure being built and single prints in C are still intact. Although with a value rotation a single print is more risky (if it comes to that). Context is everything.
Gold — What Market Narrative Played Out? (Keep it short!)
- M15 accepted value and then formed an inside bar, when the following bar closed as a DBD I wanted to go short but it did not hit my entry level and then continued lower rotating through value.
Did I take advantage of any opportunities?
- DAX
- I missed a sustained auction continuation play because of price moving away from my intended entry
- Gold
- Same on Gold. It missed my entry and moved away from entry level and I let it go.
Things I did well:
- Did well to stay patient and look for opportunities. I visualized what I wanted to see before entering and when it did not happen I let it go. Nothing wrong with that.
Things I need to keep working on:
- Sometimes you don’t always need the best entry but I think in hindsight I still did well due to SD zones being in the way and a possible insufficient profit target. I will review tomorrow.
For my trade plan(s) on this particular day, go here:
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