Supply and Demand
The Dollar & EURUSD Are Pulling Back |Will It Last? Hi friends, the dollar index (DXY) and EURUSD are pulling back and into areas where we want to look for more trading opportunities. Since tomorrow is Friday, tomorrow's candlestick closure could be very telling about the price direction. This video shares my thoughts on the price movement on the indicie and currency pair.
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Disclaimer: This analysis is based on my eyes. Please stick to your own analysis.
FTMO 10K Evaluation: Trade 12 - No locked in profit or reduced Part 1:Daily Report Card
1.Date : Nov 27th
2.Grade : A : All time frames are bullish
3.Goal: Insert my daily sole focus that I will consciously work on
- I am only going to take my A grade setups only
Reminder or Aphorisms for Myself
-Be Selective, Only Trades worth writing up I will trade
-Gameplan Halts
2 losses off the hop or 1 win and one loss
-Pre-session Analysis
Daily: Bullish
1H: Bullish
15M: Bullish
2M Bullish
Temp (How I feel)
1. Grade : C-
- Lack of sleep hence but awake enough to follow my plan
2. Sizing for Session - 0.25 % Risk + 0.01 lots to hold and track
3. In My Favor : All HTF are synced up bullish
4. Comments
0530-0600
1. Grade : B Plus
2. Sizing for Session: See above
3. In My Favor: Alignment
4. Comments: Only taking my A set-ups with confluences
What I learned ?
What I improved on today?
I forgot to move my stop loss on my MT4 account for a reduced risk trade : Still have a SL in place
Changes Needed from today?
Overview:
Easiest Gainer?
Insert Write-up:
How The Bitcoin PUMP Machine Works: SUPPLY And DEMAND Shocks!Every wonder why Bitcoins price seems to always go up over the long run? In this Video we examine the mechanism that continuously drives the price higher and higher from cycle to cycle. There are 2 parts to this pumping mechanism, part 1 before the halving and part 2 after the halving. Let's take a closer look!
FTMO Trade 11 Exit for a Loss (Valid loss) Trade # 1
Playbook: Long A.1 at extreme of swing range
Minimum Criteria :
CHoCh: At extreme = can place Rick Entry
Liquidation: Yes
From Strong Structure: yes
V-shape: Yes
M2 Mitigation: Yes
Trade Probability:
LID + PBID = Highest Prob + Valid Entry = A- Setup
A- due to the risk entry
Results: Loss and valid Trade = Happy for the lesson
Ftmo 10K Evaluation Phase Trade 10 Part 1: Locked In Profit 2% Part 1:Daily Report Card
1. November 22nd 2023
2. How am I feeling?
- Overall I am feeling average. I had a shorter sleep and a more caffeine than usually. I will focus on how this effects my risk management this session.
3.Goal: Insert my daily sole focus that I will consciously work on
- To have one good trade this session that is valid and high probability. The outcome doesn't matter.
- Make my Daily report better than last session.
Reminder or Aphorisms for Myself
-Be Selective, Only Trades worth writing up I will trade
-Gameplan Halts
1 Win with 0.25% risk this session than reduce risk and trade plan and track.
- 2 losses in a row with 0.25% risk
-Pre-session Analysis
Daily: Bullish + EQ Of the Range
1H: Bearish + EQ of the Range
15M: Bearish + EQ of the high and the low
Temp (How I feel)
1. Grade : b-
2. Sizing for Session : 0.25%
3. In My Favor : Momentum to the hawking side
4. Comments :
0530-0600
1. Grade: C +
2. Sizing: 0.25 % RISK
3. In My Favor
4. Comments : No Trades
0600-0700
1. Grade : B
2. Sizing: see above
3. In My Favor: Momentum to downside
4. Comments : in a profitable trade
Current Write up :
Trade # 1
Playbook: AC.4
Minimum:
CHoCh: On M2 and 15s
Liquidation: Yes
From Strong Structure: yes
V-shape: yes
M2 Mitigation: yes
Risk Entry
Risk Management:
1: Reduced Risk: 1.08841 (6 pips to 1.5 pips)
2: Take Profit 1 : 1.08801 (Risk on the table to +0.42%)
3: TP 2: +0.80%
4: TP 3+ 2.08 %
5: TP 4: + 2.63 %
Trade Probability:
NID + PBID = Medium Prob + Valid Entry = B
What I learned ?
What I improved on today?
Changes Needed from today?
Overview:
Easiest Gainer?
Insert Write-up:
Bitcoin Continues Consolidating With Maybe A Wick UpBitcoin trying reach the highs as its at 37.5 right now and its consolidating, we could see a higher wick or a pullback and then a wick to upside.Explained in details
Thanks for watching
NasDaQ's New Highs & Next MoveNasdaq pushed up pass July's highest price last week. We want to keep an eye on it this week to see if there will be more buys to push price higher.
The only thing that can invalidate this setup is if the inside bar's or past sellers attempt to push the market down fails.
What do you think will happen next? Will the buyers keep price going or will the sellers come in strong?
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