First Time Losing... That The Reason is Obvious

First Time Losing... That The Reason is Obvious

I feel like this is a good losing trade.

I basically won.

Figured out the market bias correctly, found the target liquidity, and the narrative(POI) to get there.

1H POI, 1H TARGET, Bearish Orderflow, BSL Sweep, Divergence, Overbought, and entered on the 5min FVG after the sweep.

All criteria for entry are aligned.

Price went to where I expected it to, with momentum.

The only mistake?

Setting the take profit point farther than the 1H TARGET LIQUIDITY.

That's it.

After it hit that liquidity, price really just moved uptrend with momentum.

I've read some comment on youtube that said, “Price seeks liquidity, and once that liquidity is filled, it rebalances back to equilibrium.” or some shit like that honestly it was such an awesome quote that i remembered the meaning of it(very rare). The exact wording, I forgot.

well, that's it.

Honestly, this might seem obvious to you, but this is such a big step for me.

I used to NOT KNOW why my trades were losing. Like, what am I doing wrong, is the strategy wrong, should i find another strategy, should i switch to elliot wave, etc etc lmfao.

But now... the fact that I immediately knew what was wrong with my trade, and the fact that only one thing was wrong and is easily fixable in the next trade... is such a breakthrough for me.

Well, thanks for listening to my TedTalk.