You're right; this Asian setup didn't break the London session or continue. During the NY session, the candlestick swept through the previous London session, forming an IFVG or engulfing confirmation. So, I changed direction from long to short during the NY session, targeting the Asia Low. Thank you for sharing your views.
Today recaps :
Market Bias: Bullish Shorterm
Session: ASIA
Setup: 2-Candle Range Breakout
Entry TF: M5
Direction: BUY
Setup Quality: A - Valid Intraday
Confirmation: 2CRB confirmed
Entry Feeling: Calm & confident
Decision: No hesitation — SOP fully met
Emotion: Controlled
Execution: Not Followed the plan, close profit not on TP, bcs market sideway.
Trade Management:
• Shifting BE
• Final result: 1 TP (not HIT)
• Net P/L: +$828.40
Journal Note:
Execute the same SOP but I tried a 1:2 risk-reward ratio (SL 140 pips and TP 280 pips) during the Asian session. However, the position was trading too sideways due to low volume. So I decided to close it before reaching the TP. I didn't consistently follow the plan with a 280-pip target, but instead manually closed at 200 pips. I was hesitant to move the breakeven point or SL+, which made me unsure about this intraday position.
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Today recaps :
Market Bias: Bullish Shorterm
Session: London
Setup: 2-Candle Range Breakout
Entry TF: M5
Direction: BUY
Setup Quality: A+ - Valid
Confirmation: 2CRB confirmed
Entry Feeling: Calm & confident
Decision: No hesitation — SOP fully met
Emotion: Controlled
Execution: Followed the plan
Trade Management:
• not shifting SL
• Final result: 1 TP
• Net P/L: +$509
Journal Note:
Execute the same SOP with consistency
Back to track with confident
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Today recaps :
Market Bias: Bearish Shorterm
Session: New York
Setup: 2-Candle Range Breakout
Entry TF: M5
Direction: SELL
Setup Quality: A - Valid
Confirmation: 2CRB confirmed
Entry Feeling: Calm
Decision: Hesitation — SOP fully met
Emotion: annoyed
Execution: Not followed the plan
Trade Management:
• No shifting SL
• Final result: Profit not maximum, close manual
• Net P/L: +$104.50
Journal Note:
• Execute the same SOP with consistency, but not waiting to TP.
Because the market was sideways, and I waited too long, This setup turned out to be a TP hit. I ended up regretting it.
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Today recaps :
Market Bias: Bearish Shorterm
Session: London
Setup: 2-Candle Range Breakout
Entry TF: M5
Direction: SELL
Setup Quality: A - Valid
Confirmation: 2CRB confirmed
Entry Feeling: Calm & confident
Decision: No hesitation — SOP fully met
Emotion: Controlled
Execution: Followed the plan
Trade Management:
• not shifting SL
• Final result: 1 TP
• Net P/L: +$649
Journal Note:
Execute the same SOP with consistency
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Today recaps : XAUUSD
Market Bias: Bearish Shorterm
Session: London
Setup: 2-Candle Range Breakout
Entry TF: M5
Direction: SELL
Setup Quality: A - Valid
Confirmation: 2CRB confirmed
Entry Feeling: Calm & confident
Decision: No hesitation — SOP fully met
Emotion: Controlled
Execution: Followed the plan
Trade Management:
• not shifting SL
• Final result: 1 TP
• Net P/L: +$570
Journal Note:
The objective is not to catch every move.
The objective is to execute the same SOP with consistency.
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@theproptruth Same here, they couldn't provide any proof, they didn't give me a chance to explain. They immediately banned me. Even though I never used a VPS or changed IP addresses. I only used three of my personal devices with different Apple IDs.