Htfpoi
OCT 8: MMT + VOLUME PROFILE LOL LET'S SEE HOW IT GOESOCT 8: MMT + VOLUME PROFILE LOL LET'S SEE HOW IT GOES
Kinda getting lazy putting these descriptions here, or maybe I just don't want to at this point in time. just check the latest long position I made here and check it for yourself why I came to that conclusion lol.
but if not then here's the idea:
- TARGET/BIAS = WEEK TARGET + LVN + FVG (that price didn't fully mitigate/take over/ breakthrough etc)]
- NARRATIVE = FVA coming off of previous high breakout and continuation supported by RSI & CVD, + AVWAP FLIP
- ENTRY = FVA RE-TEST
That's it.
oct 7 : adding CVD and FRVP(LVN & POC) to confluence... oct 7 : adding CVD and FRVP(LVN & POC) to confluence...
kinda confusing? we'll see how it goes.
Idk why I entered long despite the orderflow and divergence showing bearish signs.
oh wait i know.
because of price action theories (old sweep + divergence, then IFVG + BB breakout)
So uhh, we'll see how it goes?
oct 6: tp hit xDoct 6: tp hit xD
hell yeah brother.
well, I guess the strategy was applied anyway.
and the FRVP helped, maybe?
Sweep + Low Volume Node + OTE + FVG, among the other confluences on my checklist.
What I could have done better on this trade though... was not enter prematurely. in that way, I could have put my 2RR TP above the "TARGET" liquidity. Because as you can see, price swept the target liquidity, and then reversed immediately.
Only by strong orderflow was price able to go lower again. But if it wasn't for this, price would have reversed and hit my SL.
check one of my previous trades, I have this described there in more detail.
everything on this trade is perfect besides my TP point. and maybe my entry, it was kinda rushed ngl.
OCT 2: S/R FLIP + 1H+15M FVGOCT 2: S/R FLIP + 1H+15M FVG
My original long idea after the sweep was not revisited, and I happened to also put a short trade on this S/r flip + 1H+15M FVG in expectation of a pull back.
Price nearly hit my stoploss though before hitting TP. I think it was a coincidence that the TP point is right in an SSL area.
Like, idk man... this isn't part of my trading strategy anymore.. but i guess this win is a good one because there's a lot of confluence(SR FLIP + 1H+15m FVG) on this trade.
Can't help but feel the TP point was based on luck though, as I don't remember setting it here specifically because it's an SSL area.
First Time Losing... That The Reason is ObviousFirst 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.
sept 29: 1 loss, 2 winssept 29: 1 loss, 2 wins
I saw that price tapped the DAY FVG + EQH up there and has downtrended massively, so I looked for shorts.
Applied my AVWAPS, and my confluence filters(Orderflow+sweep+div+FVG), which was favorable so I entered.
I kinda rushed into the first trade because I woke up late, but basically would have also won there if I just plotted the AVWAP first(yeah), because if i did plot my AVWAP,
I would have seen that price has a few more pips before hitting the AVWAP line, so I could have put my entry higher and my stoploss higher.
Well I just moved my SL on the first trade, and then re-entered twice after it "respected" the AVWAP (plotted from the DAY FVG STING).
Standard 10TP5SL, and it won twice. so, good day I guess.
SEPT 26: PRICE GOES DOWN TO 4H FVG BEFORE COMING UP AGAINSEPT 26: PRICE GOES DOWN TO 4H FVG BEFORE COMING UP AGAIN
I think price is going up more until a HTF POI is hit.
It has to come down first to a bullish 4h FVG so i entered short once my criteria for entry has appeared(sweep, divergence, overbought, reversal candle+engulfing candle).
Let's see how it goes.
SEPT 25: WELL THIS JUST HAPPENED, SO HELL YEAH I GUESS.SEPT 25: WELL THIS JUST HAPPENED, SO HELL YEAH I GUESS.
SO... What did I do right?
1. Followed my trading plan - just calmly analyzed shit, seen that price has dumped massively and seen it sweep and stopped somewhere around an old POI (ORB, fvg, etc). So I looked for a possible reversal. My pattern showed up and I entered.
2. Conservative TP point - yeah I guess this is good. although i do have to do this for a while to see if it's consistent.
3. Recording - I guess this helps too, to be consistent with the way I analyze the chart.
This is a win. I'll have to keep doing this consistently to see if it's effective long-term.
SEPT 25: Price Stopped at Old POISEPT 25: Price Stopped at Old POI
So, I looked for my entry criterias (old sweep check, recent sweep check, divergence check, engulfing candle check, price respecting a fib level check, FVA check), and there it was, so I made my entries.
10pip tp + 5pip sl. let's see how it goes.
Sept 25: Two Trades Should Have Won If I Just...Sept 25: Two Trades Should Have Won If I Just...
Put my TP at 10 pips (100 points).
Both trades on A+ setups but failed because TP was too high.
I guess I have to adjust my 130 point standard take profit idea. It's still too high lol.
I've decided to do 50 points/5pips SL and 100 points/10pips as my standard. I think it's just enough for my strategy's "gas limits".
We'll see how it goes if this ends up making me profitable or not.