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Hi guys
I hope your are well and have enough positive work on market and work strong and good!! Like me!
Your are rember what now on FIO pass- Journal Challange. If yes please hit "THANKS" for my public journal (link under).
Best regards to ALL traders and i hope all traders who work hard and have goals get result as soon as possible! Good luck!!
Pre market plan
Description: Like always gap it main thing for today.
Scenario1: Price after open go and test yday high around 7030 and find same strong buyers. During this move price can broke resistance area;
Scenario2: Price open in side way or start immidiatly with strong impulse UP and broke 7100. Look same support area
around 7100. Buyers must dont give chance to exit for seller around 7100
Scenario3: Any can be happpen and price open sideway move and after slow slow go down to close gap.
Market recap
Day comment
Market: Was strong enough with two interest area 7170 and 7150
Trading: Ohhh first trade was exelent enterence BUT exit(( Any way this is my first full week with "Trading zone" and iam learn! Every thin good!
Market view
Description: At this day for me interest only two area 7150 and 7170, no more info.
Market context
Description: Good enough!! Continue work! And same additional idea about gap "Trading zone" when price don`t test trading zone area from the top. It potential market too strong and can go higher (add example under).
Additional info
Idea for test: GAP "trading zone"
Trading statistic PNL: 205$
Win ratio: 100%
Risk/reward: 0,57 (Becouse last two trade was not careful!)
Playbook ratio: 65%
Description: Good discipline! After last trade iam understand what iam try to jump! Iam stop and look trade on from PB!
Market vew
Description:
1. In my view base on VP and Delta market is not ready to go strong UP and do new high!
2. Volume profile is completly sideway without any same strong support area.
3. I will be wait same PB to 7100 and look how buyers will be hold this area.
Anyway for day trader that does not metter. Market can go up or down. Main thing understand and find same moment and go with market!
Professional trader that is not trader who trade volume,indicators or Order Flow. This is trader who good trade math probability with positive income!
Happy Friday!
Yday i don`t trade during FOMC day and it was right thing!
Major info
NONE
Pre market plan
Description: I hope on buyers. 7100 will be like support! BUT don`t buy under 7100.
Scenario1: Look to 7100 and if prie go under this price they must immidiatly and fast back above 7100. Look same strong buy signal with strong positive delta. In this scenario i will be look what will be around 7150, becouse there can be potential reverse moment
Scenario2: First part same like in scenario1, BUT price go higher then 7150 to yday range.
Scenario3: Price go under 7100 and hold there! Sell signal and look same resistance area.
Market recap
Day comment
Trading: Nex learning day about how market move with not enough liquidity and how find momentum in Trading zone with out delta area.
Market: Buyers capitulated from market
Market view
Description: 99% we continue go down
Market context
Description: Day was not easy for me.
Additional info
1. How i can find same area on PB to previus Trading zone
Description: VPOC area + Level or Pattern can be good point for enterence on PB.
2. How market work when seller find who want buy there stocks. That VERY important and i think if next move we continue go lower we can see this pictuture very offen. And price will be strong jump from volume to volume.
Description: Good example. On right side it Trades per second chart.
Trading statistic PNL: -250$
Win ratio: 40%
Risk/reward: 0,96
Playbook ratio: 30%
Description: Today i seen same different market with other important thing. And i have good idea! Work from PB it good )
This is perfect week for grow and my way to be better then yday!!
Positive moment
1. Week with 63% win rate after two month way! Perfect!
2. Begin work more careful and discipline! BUT it ONLY begin on this way!
3. Focus on grow and add same additional stat parametr:
- Avg. profit on trade. Becouse my long term goal is trade like a sniper)
4. My trading stratagy begin be balance and has not too much but correct rule!
Negative moment
1. Friday was jumping day. Becouse iam start trade not in my game with not my stratagy!
2. Risk/Reward is poor. BUT it not problem becouse during this time iam update my stratagy and have test period
Charts statistic
Description: Avg. profit on trade i think it good metrics for way from scalping with guns to sniper))
Pre market plan
Description: At Friday sellers try to find liquid on the market. Today will be 50/50 or we go higher to find same buyers and liqud market or strong fail down.
Sceanrio1: After open we go higher to 7050 area and if will be range and same big deals that means for me what reverse can be near.
Scenario2: Fail down after open and hold under Friday low. Look same PB. And in this case very careful becouse can be squize up to take volume..
Sceanario3: Price go higher and sellers will be wait same better price for sell and very possible to test once more 7100.
Market recap
Day comment
Market: Strong sell day with strong enough seller
Trading: Failure of discipline day completly!!! CRAZY! Forgot about pre market plan, level, "Trading zone"!
"Trading zone" and Level must be my habit in trading!
Market view
Description: Sellers to strong! Important price 6910
Market recap
Description: Work with "Trading zone" and Level and all will be every thing ok!
Trading statistic PNL: -940$
Playbook ratio: 0%
EXCEL does not work on PC. Repar and add later other stat.
Description: ONLY two easy qestion and my trading will be good! Q: Where?
A: "Trading zone" or Level Q: Why?
A: Pattern
P.S. Good enough and expencive lesson what my trading must be descpline and Level, "Trading zone" must be my habit of trading! LET`S GO!
Pre market plan
Description: Market need liquid and above 6910 too much stops order.
Scenario1: Market go and take all stops guys who has it there. And after fail down.
Scenrio2: Seller don`t wait PB and start sell after open.
Sceanrio3: If came same strong news price go higher 6910 and hold there!
P.S. I will be trade only scenario1 in other way i only look and draw my level and "Trading zone"
Market recap
Day comment
Trading: Good day and iam understnad two important things:
- If i trade with my rule and disipline it can be good and positive day!
- Same Pullback pattern i will be hold much more then 40-50 ticks
Market: Seller do his job well and take stop orders from yday
Market view
Description: Good enough day with potential support 6830 around
Market context
Description: Disipline and rule give good enough profit!
Trading statistic PNL: 380$
Playbook: 66%
Excel don`t want work ((
Description: Focus on "Trading zone"+pattern! Don`t forget about level!
