In modern price action trading, a great deal of attention is given to Order Blocks (OBs), Fair Value Gaps (FVGs), liquidity, and market structure. While these concepts are valuable, one element often receives far less attention than it deserves "THE CANDLE WICK"
#Rclogic
Lesson: Monitor newly formed internal levels after a liquidity sweep. Do not assume the sweep is the signal; wait for a fresh decision level to confirm trend continuation.
Hypothesis: If this behavior repeats across markets, it may become a valid rule for my trading mode
Observation: A liquidity sweep without a body close beyond structure does not confirm a market control shift. The market establishes a new internal level as the true decision point before continuing in the original direction.
Observation: A liquidity sweep without a body close beyond structure does not confirm a market control shift. The market establishes a new internal level as the true decision point before continuing in the original direction.
Jump 100 Journal: Price swept the previous high without a body close, indicating a sweep rather than a bullish shift. It then rejected the new internal decision level (purple zone) with bearish displacement, confirming the sell. The move reached 1:5 (target 1:18).
Jump 100 Journal: Price swept the previous high without a body close, indicating a sweep rather than a bullish shift. It then rejected the new internal decision level (purple zone) with bearish displacement, confirming the sell. The move reached 1:5 (target 1:18).
my original plan.
That's one lesson I'm taking from today's session: be more intentional about identifying newly formed key levels that may present a fresh opportunity.
Every chart is feedback.
Update:
Price never tapped my original area of interest, but the directional bias played out.
Reviewing the move, I noticed price created a new key level that aligned with my entry model.
I saw it forming in real time, but I didn't classify it as a clear shift, so I stuck with
Update:
Price never tapped my original area of interest, but the directional bias played out.
Reviewing the move, I noticed price created a new key level that aligned with my entry model.
I saw it forming in real time, but I didn't classify it as a clear shift, so I stuck with
Trading Journal | #US30
Yesterday, I placed a limit order on US30.
Every condition in my trading model has been met.
The only thing left is for price to reach my entry.
I believe the setup still has potential, but the market has the final say.
Until then, patience is the key
Trading Journal | #US30
Yesterday, I placed a limit order on US30.
Every condition in my trading model has been met.
The only thing left is for price to reach my entry.
I believe the setup still has potential, but the market has the final say.
Until then, patience is the key
I've decided to start documenting my trading journey here.
Not just the wins.
The missed entries.
The losses.
My Thoughts
The days I stay out of the market.
This isn't about proving anything.
It's about building accountability, and leaving a record of my growth as a trader.