CT Trade Idea (missed bc of moving original entry)
Updated
This would've followed my rules, would've been a nice 5R. POI isn't the most prefered, hence the planned aggressive close of the trade.
REFLECTION
GOOD/SMART THINGS I DID: I was meaning to take profit early (close at 5R) at put at BE at M5 BOS.
MISTAKE: I moved entry from LTF OB that was chosen orignally, bc i thought price mitigated a liquidity wick instead, but really price was still "pending to mitigate" the OB i was looking to enter.... ending up in entering too early at a lower price, while also getting stopped out...
LET PRICE HIT YOUR LEVEL. ON COUNTER TREND TRADES (espeeciallyyyyyyy) DO NOT, Chase the tradeeeee my guy.
Did I feel hesitation or Niave about the trade?:
REFLECTION
GOOD/SMART THINGS I DID: I was meaning to take profit early (close at 5R) at put at BE at M5 BOS.
MISTAKE: I moved entry from LTF OB that was chosen orignally, bc i thought price mitigated a liquidity wick instead, but really price was still "pending to mitigate" the OB i was looking to enter.... ending up in entering too early at a lower price, while also getting stopped out...
LET PRICE HIT YOUR LEVEL. ON COUNTER TREND TRADES (espeeciallyyyyyyy) DO NOT, Chase the tradeeeee my guy.
Did I feel hesitation or Niave about the trade?:
Note
HTF Overviews3.tradingview.com/snapshots/r/rr2GXR02.png
Note
HTF View of Counter Trend POIs3.tradingview.com/snapshots/9/9cEwU3yR.png
Note
M15 View of the POIs3.tradingview.com/snapshots/u/UqjWGDEB.png
Note
M1 refinement of the POIs3.tradingview.com/snapshots/m/My3usZXe.png
M1 Entry (criteria)
s3.tradingview.com/snapshots/p/pmABduvu.png
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