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/
Note
Referencing my analysis on USD for confluence.^Note
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).
Trade closed: stop reached
Stop profit hit+1pip
Note
Expecting a sell off between 0930-1020ESTNote
Reentry +20pip Stop Profit: 1030ESTNote
TP 4 Hit: 1215ESTNote
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.
Note
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.Note
Moving stops in profit +1 pip on the entry under management from yesterdays highNote
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
Note
Asia Low purged at 0217ESTNote
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
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0250-0310 Macro will likely set the tone for the tradeNote
0320-0400 should pick a sideNote
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 beforehandNote
If the swing is confirmed ill close manually. Trading should not be like this.Note
Swing low invalidated, new swing high createdNote
0350-0410 should pick a sideNote
The equal lows give hope for a return to sellsideNote
I am closing the charts now.+15pips
or
+50pips
By EOD.
Trade closed: stop reached
Note
Last trade of the monthHolding over the weekend
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Will start my weekly breakdown after it closes.Trade closed: stop reached
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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.