MNQ Trade Review
1946 ShortAfter sweeping the London high liquidity, a valid bearish FVG appeared on the 5-minute chart. I entered short after price retraced into the FVG, got rejected, and formed a bearish engulfing candle. However, the follow-through was weaker than expected, so I exited early with a small loss.
2110 LongLater, a valid FVG appeared on the 5-minute chart. Price retraced into the confluence zone between the 5-minute and 1-minute FVGs and formed a bullish pinbar. I entered long there. Although price broke above the previous high, the momentum was weak. I judged that there might be a liquidity sweep at the open, so I closed the position early.
2130 LongBefore the market open, liquidity had already been swept downward, and a lower shadow appeared. I entered long right after the open. However, I felt the upward displacement was too strong and suspected a pullback might occur, so I moved my stop loss to a small profit. The stop was later triggered.
2132 LongI had a pre-placed order at a previous liquidity level. Since it was a pre-placed order, the stop loss was relatively tight, and it got swept.
2133 ShortAfter my previous long was stopped out, price continued to move lower without any signs of stopping. I chased the short. After price moved away from my entry, I judged that it was approaching a liquidity sweep area. Since the overall daily structure was still bullish and the remaining space was limited, I quickly moved my stop to a small profit target. The stop was triggered.
2133 LongAfter the previous short was stopped out, price reached a liquidity sweep area and formed a lower shadow. Although there was strong displacement on that candle, volume was clearly decreasing. I judged this area as today’s post-open liquidity sweep point and entered long. I trailed my stop according to structure. After price broke above the previous high, momentum started to weaken — volume decreased and displacement became smaller. Since the risk-reward ratio had already reached 1:2, I closed the entire position early with profit.