EURUSD
April 9 Hindsight Study notes
What I learned today:
*Use 4 hour chart to determine the intra day order flow price is delivering in. Example I wanted to take the bull rally in Asia however its not my model. So I let it go anticipating for Price to rally to the clean equal highs target, which it did.
*Trust your analysis. Why is this so hard when I anticipate for price to reach the level I have suspected, then when my model forms I freeze. This is my largest obstacle to overcome. This hinders me.
* when price did hit but not go through the equal highs coming into the 3 macro London-I was so happy, because I anticipated this. I was looking for a short in London today.
3 macro price had all of my model factors in play expect 1 factor.
-liquidity was taken at the 1.10510 and then price did make a equal high at 2:45
-Price was in a premium with intra day buy side taken
-bearish order block on 2:51 candle? still learning this component, that candle also creates FVG, evidence of first presented FVG
-2:57 candle creates a FVG and price does not come back up to it-hint hint
-in a macro time of expected retracement or reversal either way a short in play
the one thing that kept me out was the lack to find the model 2022 swing low candle to validate the trade
What would have been the worst thing if I would have entered right at 3 for a short with a10 pip stop loss and anticipating at least a retracement, a winning trade. Considering I waited all day, considering I have built a model and trying to follow it and then it forms.
Let the above sink in and let what you learned be the win.
April 9 Hindsight Study notes
What I learned today:
*Use 4 hour chart to determine the intra day order flow price is delivering in. Example I wanted to take the bull rally in Asia however its not my model. So I let it go anticipating for Price to rally to the clean equal highs target, which it did.
*Trust your analysis. Why is this so hard when I anticipate for price to reach the level I have suspected, then when my model forms I freeze. This is my largest obstacle to overcome. This hinders me.
* when price did hit but not go through the equal highs coming into the 3 macro London-I was so happy, because I anticipated this. I was looking for a short in London today.
3 macro price had all of my model factors in play expect 1 factor.
-liquidity was taken at the 1.10510 and then price did make a equal high at 2:45
-Price was in a premium with intra day buy side taken
-bearish order block on 2:51 candle? still learning this component, that candle also creates FVG, evidence of first presented FVG
-2:57 candle creates a FVG and price does not come back up to it-hint hint
-in a macro time of expected retracement or reversal either way a short in play
the one thing that kept me out was the lack to find the model 2022 swing low candle to validate the trade
What would have been the worst thing if I would have entered right at 3 for a short with a10 pip stop loss and anticipating at least a retracement, a winning trade. Considering I waited all day, considering I have built a model and trying to follow it and then it forms.
Let the above sink in and let what you learned be the win.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.