How did I trade today? 20220322 - Bear Market Trader
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How did I trade today? 20220322

How did I trade today? 20220322

#fin­twit #order­flow #day­trad­ing #dai­lyre­port­card #trad­inglifestyle #day­trader­life #trad­ing­forex #trad­ing­com­modi­ties #NEXT

A small sum­ma­ry of how I did dur­ing the ses­sion. Things I did well. Things I need to keep work­ing on. Trade Reviews are part of my post-mortem but usu­al­ly I post those the next day.

My week­ly goals: 

  • Trad­ing rules
    • Use SL scal­ing in case the prof­it tar­get for the set­up doesn’t pro­vide 2R for exam­ple for FA or VAA setups
    • No ear­ly exits, either hit SL or target

1–3 (3 being good)

3 Pre-mar­ket routines

3 Ses­sion PECS

3 Clar­i­ty — in tune with price


DAX — What Mar­ket Nar­ra­tive Played Out? (Keep it short!)

  • Price accept­ed val­ue and rotat­ed through
  • D closed as an invert­ed ham­mer and I con­sid­ered going long expect­ing a con­tin­u­a­tion but I did not get the entry I want­ed so I let it go. Also, D1 C‑sup right above.
  • E and F formed a Poor High but there is some struc­ture being built and sin­gle prints in C are still intact. Although with a val­ue rota­tion a sin­gle print is more risky (if it comes to that). Con­text is everything.

Gold — What Mar­ket Nar­ra­tive Played Out? (Keep it short!)

  • M15 accept­ed val­ue and then formed an inside bar, when the fol­low­ing bar closed as a DBD I want­ed to go short but it did not hit my entry lev­el and then con­tin­ued low­er rotat­ing through value.

Did I take advan­tage of any opportunities?

  • DAX
    • I missed a sus­tained auc­tion con­tin­u­a­tion play because of price mov­ing away from my intend­ed entry
  • Gold
    • Same on Gold. It missed my entry and moved away from entry lev­el and I let it go. 

Things I did well:

  • Did well to stay patient and look for oppor­tu­ni­ties. I visu­al­ized what I want­ed to see before enter­ing and when it did not hap­pen I let it go. Noth­ing wrong with that. 

Things I need to keep work­ing on:

  • Some­times you don’t always need the best entry but I think in hind­sight I still did well due to SD zones being in the way and a pos­si­ble insuf­fi­cient prof­it tar­get. I will review tomorrow. 

For‌ ‌my‌ ‌trade‌ ‌plan(s)‌ ‌on‌ ‌this‌ ‌particular‌ ‌day,‌ ‌go‌ ‌here:‌ ‌

T3chAddict
t3chaddict@bearmarkettrader.com

Day trader. Tech geek. Sim Racing Enthusiast.

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