Bear Market Trader | Daily Report Card
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How did I trade today? 20220413

How did I trade today? 20220413

#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

1 Ses­sion PECS

3 Clar­i­ty — in tune with price

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

  • C extend­ed above but closed with­in IB
  • D closed above IB
  • E failed the auc­tion and F extend­ed to the oppo­site side
  • G formed an Inside Bar, H showed a 3‑I Day Auc­tion Fade 

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

  • C extend­ed and closed above IB as well as Asia
  • Went in Long as per Hypo 1on a pull­back dur­ing D TPO
  • Looks like a pos­si­ble low ini­tia­tive sus­tained auc­tion, E made a HH
  • HH till H but then H closed as a Bear Engulf and a pos­si­ble auc­tion fade in process. Did not act on this due being late into the ses­sion and the strong UT as well as Sup­ply got tak­en out. 

Did I take advan­tage of any opportunities?

  • DAX
    • Missed the failed auc­tion play as per Hypo 1
    • Let the Auc­tion Fade trade go as per Hypo 3 due to not much of a prof­it tar­get to IB low even on short SL
      • If I had done a 2500 SL it would still not give me 1.2R till IB low. Although price dug deep­er into IB which would’ve hit 1.2R
      • Will review tomorrow
  • Gold
    • Long as per Hypo 1 
    • Tar­get hit 1.2R

Things I did well:

  • Gold: Trad­ing into H4 QHi and old H4 sup­ply based on the strong UT and D1 narrative

Things I need to keep work­ing on:

  • I need to push myself to take a 2nd trade when I see it. Will review this tomorrow.
  • Sure, I am not as sharp late­ly, and today I espe­cial­ly felt off, but this will be my next goal. 

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


Day trader. Tech geek. Sim Racing Enthusiast.

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