Risk control was there
Trap learning: Probably traps breaking the extremes of sessions is a relevant concept for valid traps (e.g. A trap breaking small volatility Asian sessions would still be valid)
Location logic was there
Flow insights: Looking at the steepness of moves and anticipating a relief in the desperation is a key analysis tool
More flow insights: The more sharply and smoothly the prices move, the greater the chances of a void and hence a deeper retracement to fill that void. Utilize this information when dealing with exit decisions, especially when prices are near TP
Trade taken away from major news and at active times
I had done a market scan before the active times and had not found anything. So this is a very good sign of my ability to stand by when there is no clear play!
Trap learning: Probably traps breaking the extremes of sessions is a relevant concept for valid traps (e.g. A trap breaking small volatility Asian sessions would still be valid)
Location logic was there
Flow insights: Looking at the steepness of moves and anticipating a relief in the desperation is a key analysis tool
More flow insights: The more sharply and smoothly the prices move, the greater the chances of a void and hence a deeper retracement to fill that void. Utilize this information when dealing with exit decisions, especially when prices are near TP
Trade taken away from major news and at active times
I had done a market scan before the active times and had not found anything. So this is a very good sign of my ability to stand by when there is no clear play!
Trade closed manually