Reason behind the position:
Gold Long trade taken for +1.42% profit.
DDB coming into the day was Bullish
H1 order flow was bullish creating higher highs and higher lows
LTF narrative - we had expanded during asian session, manipulated price around 5am printing our likely LOTD and distributed higher following this.
Coming into the session, we had already taken Asian high, it was now about how we reacted following this liquidity being taken.
Do we react aggressively and pull back with clear intent to the downside or do we begin to slow down as we interact with our LTF POI's?
In this case, we pushed lower, as we approached the 5min FVG area began to slow down as we interacted with this POI. We then began to show signs of rejection at this area, followed by a internal MS int with clear intention to the upside, also creating our downside h1 wick and showing signs of price printing what is likely our London low, price then rejected 50% of the move along with rejecting within our entry POI.
Safe stops sat below the h1 wick.
Targets were at the internal DOL - very much aware we are within a new Quarter and price can be very manipulative, happy to take the profits and run
Gold Long trade taken for +1.42% profit.
DDB coming into the day was Bullish
H1 order flow was bullish creating higher highs and higher lows
LTF narrative - we had expanded during asian session, manipulated price around 5am printing our likely LOTD and distributed higher following this.
Coming into the session, we had already taken Asian high, it was now about how we reacted following this liquidity being taken.
Do we react aggressively and pull back with clear intent to the downside or do we begin to slow down as we interact with our LTF POI's?
In this case, we pushed lower, as we approached the 5min FVG area began to slow down as we interacted with this POI. We then began to show signs of rejection at this area, followed by a internal MS int with clear intention to the upside, also creating our downside h1 wick and showing signs of price printing what is likely our London low, price then rejected 50% of the move along with rejecting within our entry POI.
Safe stops sat below the h1 wick.
Targets were at the internal DOL - very much aware we are within a new Quarter and price can be very manipulative, happy to take the profits and run
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.