Broader risk control was not present as I tried multiple times to capture the move
Very reactionary mindset
Liquidity logic and read of the trap was not in-line with the HTF (some details on HTF bias was missed). This led to wrong assessment of margin of safety in the location parameter.
Eventually I had clarity and entered with full size to capture a smooth move
Very reactionary mindset
Liquidity logic and read of the trap was not in-line with the HTF (some details on HTF bias was missed). This led to wrong assessment of margin of safety in the location parameter.
Eventually I had clarity and entered with full size to capture a smooth move
Trade closed: target reached
Note
Broader swings tend to be 1 time session in length. Take note.Revisit
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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.