Daily chart for bias
1H for draw on liquidity
15M for the OHLC/PO3
1M for exectuion
(RTH for some extra magic)
Same structure all the time.
This simple approach made me huge progress
@mert9187 I haven't seen any specific number of points. I believe it's subjective to determine what is a large range, all depending on the price action ofc.
Small w, stopped in profit.
$NQ Shorts.
My initial sell-limit order was at the OB, edged by 3 ticks. So I got a later exit.
Full target was at Fridays 09:45AM BISI, edged too.
Learning day, there's a few lessons for myself.
Small w, stopped in profit.
$NQ Shorts.
My initial sell-limit order was at the OB, edged by 3 ticks. So I got a later exit.
Full target was at Fridays 09:45AM BISI, edged too.
Learning day, there's a few lessons for myself.
Today is on the heels of two large expansion days. Expansion is often followed by consolidation.
Tomorrow is NFP.
Intra-day, we see price fail to form any inefficiencies. All the candles form within each other (on the 1H) = HRLR signature.
Stay safe today!
0 trades again today, my model didn't present.
This price action is simply a test. A test on how far my patience goes.
Failing the test would be going against my model because I listen to my impulses.
Passing the test would be touching zero buttons and doing nothing at all
@WahaajTariq10 I spend about 45 minutes analysing the market before market open. I trade from 9:30 to 11:10 ish (end of last ditch macro). When I'm not trading, I backtest and study the current weeks price action, or study ICT etc.