I am looking to get short after the highest SIBI(D) is engaged this week.
Targeting the BISI(M). Next two targets are PWL and P2WL(delineated as (D) and (D))
https://www.tradingview.com/chart/USDOLLAR/sBKQL8yN-Oct-16th-2023-Oct-20th-2023-USD/
Nota
Referencing my analysis on USD for confluence.^Nota
Going to be looking for 1-2 opportunities/day Mon-Fri. If my model is clear, i will execute.I want to see where SQ2/SQ3 engage with a 15m imbalance and reacts with a 2m block(RB/OB/BB).
Dagangan ditutup: hentian tercapai
Stop profit hit+1pip
Nota
Expecting a sell off between 0930-1020ESTNota
Reentry +20pip Stop Profit: 1030ESTNota
TP 4 Hit: 1215ESTNota
12:50-13:10EST Macro + MSS to the upset triggered my manual close. +3R on both positions from the top.London loss was mitigated + 3R secured.
Saw a high of 5.9% at tp4 and should've closed there, but the greed got to me.
Nonetheless, I was willing to risk 2% of the 5% going into lunch hour.
Going forward tp4 at the very least closes 90% of all positions.
Nota
There is buyside liquidity above it but it's already been partially mitigated and any runs that high put the highs from yesterday at risk.Nota
Moving stops in profit +1 pip on the entry under management from yesterdays highNota
Just going to let the entry from yesterday run without adding to it. If it gives me 50 pips, then I pass phase 2. If it doesnt, then I get to shoot again next month.
Additional risk is just not worth it. Similar price action took place yesterday, but kept buying for majority of the day and thats not something im willing to risk happening again with risk on
Nota
Asia Low purged at 0217ESTNota
No buyside delivery by 0230.Opens up room for a retracement internal range if the 0130EST high isnt enough.
Ive seen 0130 make session/daily highs in the past and Im not looking for a complete daily range to form.
It's friday so im only looking for 30 pip deviation from true session open, which is in line with my target
Nota
0250-0310 Macro will likely set the tone for the tradeNota
0320-0400 should pick a sideNota
I swear the markets wait until you are close to targets to fall into the nastiest chops lol I cant imagine dealing with this without a deep relationship with my model established beforehandNota
If the swing is confirmed ill close manually. Trading should not be like this.Nota
Swing low invalidated, new swing high createdNota
0350-0410 should pick a sideNota
The equal lows give hope for a return to sellsideNota
I am closing the charts now.+15pips
or
+50pips
By EOD.
Dagangan ditutup: hentian tercapai
Nota
Last trade of the monthHolding over the weekend
Nota
Will start my weekly breakdown after it closes.Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.