Yerido (@Yerido1) profile picture

Futures Trader

Joined July 2019
took the trade for a reversal cos i saw double signs but got stopped out.
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Price never got to my stoploss but my broker stopped me out. i dont feel confident with this broker
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saw a reversal pattern on this but all the signs there were bullish, we had a bullish fvg and prices were showing bullish so i allowed it play out, and i would have been wrong if i took this trade cos price went up
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based on previous post, here is my thought process
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So happy today, this is my first post from pc, didnt use mobile cos i noticed i felt a difference in how i perceived the price action and candles when i looked at it on pc vs how i saw it on mobile. today also marks the first time i was able to anticipate price and it worked
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Exactly like i predicted. I didnt take the reversal pattern that formed cos i was late and even when prices came down, it formed the pattern again, so i was convinced it was genuine and price went up. Then a bullish fvg appeared, my draw on liquidity was the
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Bearish fvg on the 15mins chart and even us500 formed a 1 min bearish fvg. So prices went down. Didn't take the trade but would consider taking such trades next time when prices respects the higher time pdarray
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Took a sell after the Judas was broken as it formed the pattern and exited on the next low with ith a 5x return. Although the price went further down to the previous day London low which I am now considering to mark as a major level when trading.
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So basically the Judas swing up was the highest point of the day, there was an entry there but not enough risk to reward ratio and then another entry on the buy which I didn't take and then this third one formed and I entered cos it took out the Judas swing and formed the
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I also noticed the breakout pattern was in other timeframes ie Asia time and maybe before Asia time. I think this will be a good place to look at once I master this entry pattern
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Took the first break above the Asia high but got stopped out then took the second one which maybe I shouldn't have cos risk to reward was low but then I recovered my loss in the profit
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Second image shows how the trade went and maybe cos I put my stop far which is what ict recommended but maybe there are ways to use pdarrays to know if prices will actually get to the stop. So I can have a thinner entry
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Pd array matrix according to their importance
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Based on the post about not recognizing the pattern cos it formed early, it formed in the killzones time but it didn't break the asian low but broke some lows from 12 till the current time this was why I didn't trust it. So maybe I should have trusted it cos it broke lows
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From 12 till the current time
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I shouldn't have also traded today because it is a holiday in mainly Europe. Ie easter Monday
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The previous post was actually the pattern forming but as a novice, I didn't recognize this. It went to a level I didn't see. The previous post happen d around 3am. Which I believe is the London killzones from my readings. Not sure yet but the price barely came back to the
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Bullish fvg, just used it as a support and shoot up. Then when prices came down, it formed same pattern but barely went up. I only broke even as shown in this second image
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No break in the asia session from the London session yet but the pattern formed at a support level, there was even a volume imbalance on the sell side and price went up
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This is the Ict example for 23rd Jan 2024. This is the chart
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Another big mistake from me. I anticipated a buy day but look how the market went down to close the previous day close gap and then went up but rejected the first imbalance of the day and kept going down. I should have known better. Took a lot of losses today
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Cos I was anticipating the bottom all the time. All trades till this point were losses
I was slow on this setup, I am bullish but didn't enter this perfect setup. See how price didn't go down but I made another trade today based on Intuition and made x24. I was even making x40 at some point.
Market was in a downward trend and the reversal happened, why I noted this is cos it broke the low of the day with a Judas swing and formed a fvg and price reversed. This might be a pattern to know reversals too
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Another note for the day, the top section marked with lines are opening and close ranges. Notice price used this as support and resistance at times
Took this trade at the support but I lost. Maybe we are in a sell model for now. I took the trade cos we went high, broke a low and formed a fvg but I am thinking since this didn't workout. Maybe we are in a sell model, I will try to figure out why I lost this trade
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Ict setup showed here. Notice how the price was respecting the fvg and the candle that formed the fvg had an immediate rebalancing candle below it. Although price went out but it didn't go below the immediate rebalancing candle and then price went up
Note the previous post happened during the macro session. Didn't also take the trade cos I felt the risk to reward was low, I might be wrong though. But I need to study this pattern
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