20210719 Missed Trade DAX - Bear Market Trader
Missed Trade Review, Reviewing Trades, CPT, Consistently Profitable Trader, day trading,

20210719 Missed Trade DAX

20210719 Missed Trade DAX

Play: Sus­tained Auc­tion Weak­ness from with­in IBR

#fin­twit #order­flow #day­trad­ing #trad­in­gre­view #price­ac­tion #chartre­view #DAX #DE30 #DE30Cash #missed­trade

These are trades I could have tak­en but for some rea­son I did not. This could be due to me not pay­ing atten­tion or sim­ply not feel­ing like trad­ing. This is usu­al­ly the case when I am not in the right state of mind due to lack of sleep, per­son­al issues, etc.

Rea­son for miss­ing the trade (explain the narrative)

I stalked the trade but I have not yet observed this oppor­tu­ni­ty that many times objec­tive­ly. So I let the trade go and decid­ed to doc­u­ment it as I am doing now. 

What would have been the Entry?

Trade 1

DTTZ: 1st

Entry Method: M15 Bear­ish Inside Bar at M15 VWAP in DT

How was the SL place­ment and sizing?

Trade 1

SL place­ment: Slight­ly big­ger than stan­dard but man­aged to put it slight­ly above the formation. 

How was the prof­it target?

Trade 1

Prof­it tar­get: Expect­ing a sus­tained auc­tion 2R was eas­i­ly hit

Click to Enlarge

What would a price action-based exit have done for the trade?

Trade 1

Exit: 2R would have been hit. 2R would have been on a M15 Bull Engulf as well. 

What would a time-based exit have done for the trade?

Trade 1

Exit: 3R

TAGS: Trend is UP 2/3, D1 Phase 4, H4 Phase 4, Below Val­ue, Out­side Range, Large Imbal­ance, ADR exhaus­tion, D1 demand popped, Weak­ness from with­in IBR, 

Extra Obser­va­tions


Pre­mar­ket prep on the day

Dai­ly Report Card on the day


Day trader. Tech geek. Sim Racing Enthusiast.

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