#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
1 Session PECS
1 Clarity — in tune with price
DAX — What Market Narrative / Hypo Played Out? (Keep it short!)
- A formed a Bull Engulf, B a Bearish Inside Bar, C closed lower as well
- Possible unidirectional day
- Wasn’t paying attention around 2nd DTTZ for a quick Failed Auction play reversal
- Do not feel sharp today and / or lack clarity in the narrative. Gonna chill and observe instead of looking for a trade.
- Hypo 4 played out
Gold — What Market Narrative / Hypo Played Out? (Keep it short!)
- B formed a Bear Engulf, C a Bull Engulf extending to both sides forming a Neutral Day
- Just noticed going through TPO sizing that some sizes don’t show the extension to the opposite side. Weird.
- Watching paint dry. Nothing going on.
- G ducked below IB and made a slight LL
- Now that H TPO burst lower making a LL the D TPO print above IB showed up again confirming the Neutral Day nonetheless. Or not… weird… fuck it.
- Hypo 2 played out
Did I take advantage of any opportunities?
- DAX
- Failed to notice 2nd DTTZ Quick FA play to go long
- When F closed as a weak Bull Engulf I did not want to go long as it had a long selling wick as well as trading into wide IBR as well as M15 Marubozu bearish Inside Bar following a Three Inside Up.
- Gold
- Didn’t see a clear trade and lacked the clarity
Things I did well:
- Noticed that I lacked the clarity and I did not push myself to take a trade nonetheless
Things I need to keep working on:
- I think I did well today even though my focus was off. I have been struggling with sleeping well for years so it was good to understand I wasn’t up to the task and just sit back and observe.
- DAX — D1 QLo with wide IBR combo could have warranted a higher ranking for a Long Failed Auction. I noted it as Hypo 4.
For my trade plan(s) on this particular day, go here: