20220118 Trade Review DAX - Bear Market Trader
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20220118 Trade Review DAX

20220118 Trade Review DAX

Play: Rever­sal

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

Click to Enlarge
  • Result
    • -1R
  • Prod­uct
    • DAX
  • Open Sen­ti­ment
    • 0.39xASR Below Val­ue, Out­side Range
    • Mod­er­ate to Large Imbalance
  • IBR
    • Wide IBR
    • 0.86xASR
  • Hypo
    • Hypo 4
    • Long
    • Rever­sal, OLD H4 demand, ADR exhaus­tion, tricky if D1 demand gets tak­en out, pos­si­ble Auc­tion Fade at W1 C‑Dem RBR
  • Attempt­ed Setup
    • Rever­sal from with­in IBR
  • Entry Tech­nique
    • M15 Bull­ish Inside Bar, expect­ing a M15 Three Out­side Up
  • SL place­ment
    • Stan­dard SL (35)
  • TPO peri­od for Entry
    • B TPO
  • Trade Dura­tion
    • 0h23m
  • Long/Short
    • Long
  • Lead­ing Narrative
    • Strong uptrend 3/3
    • Trad­ing with­in D1 demand with­in H4 QLo

Click to Enlarge

Actu­al Development

  • B TPO closed as an Inside Bar, no con­tin­u­a­tion to M15 Bull­ish Inside Bar, pos­si­ble DBD and closed low­er tak­ing out SL

Good points

  • No good points oth­er than tak­ing SL

Bad Points

  • There was no IB exten­sion plus trade was tak­en dur­ing devel­op­ing IB
  • It was my 4th Hypo so less probability
  • I jumped the gun on this one

Next Day Analysis

  • Tar­get hit?
    • No, ‑1R
  • Time-based Exit?
    • -1R
  • Over­lap Noise?
    • -1R
  • End of Day?
    • -1R
  • High­est R multiple?
    • -1R

TAGS: Below Val­ue, Out­side Range, Mod­er­ate to Large Imbal­ance, Trend is UP 3/3, 

Pre­mar­ket prep on the day: ‌


Day trader. Tech geek. Sim Racing Enthusiast.

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