@AdamMancini4 Great run from the morning FBD. Could've put my stop a few more points below the low but nonetheless, being able to confidentely re-enter and just run the system again has truly been a valuable skill to aquire. Thank you Adam! Hopefully this one sticks!
@AdamMancini4 Wish we had flushed 7574 instead of bouncing there. Can the NAP still be used when entering on bounces? Seemed tricky with 7587 being right above.
@louiedog18@AlexGut19192651@AdamMancini4@SicksNiki77567@SirBoofingqqv I had this issue when I tried to trade every failed breakdown. What helped me fix it was taking a step back and only trading daily lows. If we don't flush down to it then just sit back and relax. It helped me work on my patience and readiness.
@sarcastic_hedgi@AdamMancini4 Entered on the 80FBD, closed out fully this morning once we hit the 19-22 zone because I didn't want to give back any gains. Been sitting on my hands since. Sucks but you're right about it being a flex. Working on this myself
sorry I thought you were talking about this current price action. In regards to your question: 6592 wasn't just any low. It was a major level/shelf that acts as a solid long trigger. Biggest thing I think would help with your understanding is differentiating between important shelves of lows + major daily lows & intraday lows that produce a small level to level FBD before fizziling out.
We also were not dumping, you should go back and look at days where price is actually dumping from opening to close.
You honestly had no chance getting in on this trade unless you were in from before the 5pm close. This was a breakout trade and trying to trade that is chasing price action. 6pm low was an option for a FBD. You see how that 6:00PM 1min candle jumped like 50+ pts? 6:33PM candle swept that 6pm low and immedeatly recovered like 50 pts. This isn't a easy trade to take but that was the only real edge that was presented. Otherwise you can just buy and pray.
@AdamMancini4 Great start to the week! Was out golfing during the 6pm open glad we got 2 chances at 6367. No brainer entry around 10:20pm. Woke up to all targets hit!