Tuesday 9 June

End of Day Review

+0.32%

2 trades taken.

1 winner, 1 loser, 0 break even.

13:03

potential M5 MAB | Buy

10:49

failed REVFIB | Buy | -1.01R

10:28

M5 MAB | Sell | +1.37R

Sold the M5 MAB at the H4 EQZ (12615) down to the resistance at the D1 EQZ (12577). From the screenshot you can see that I entered a Buy trade at the D1 EQZ as I believed this was a REVFIB and we could now see price rise.

09:59

potential REVFIB | Buy

09:03

upcoming M5 MAB Sell into REVFIB Buy?

Tuesday 2 June

End of Day Review

-1.00%

1 trade taken.

0 winners, 1 loser, 0 break even.

10:25

failed M1 MAB | Sell | -1.00R

After identifying a 5-Wick Reversal at the sessions high, I was looking for selling trades. Price made an impulsive move down through the M30 EQZ midline (11967), the Key Structure level at 11962 and through the 5min ema, and so I felt a sell trade was on, with price moving toward the bottom of the M30 EQZ and Yes. High.

Monday 1 June

End of Day Review

+1.99%

1 trades taken.

1 winner, 0 losers, 0 break even.

I’m really pleased with my read of the market, mark up and execution of the trade today.

After interaction with the D1 EQZ key level at 11693 and fell back down towards my entry, I was cursing myself for not taking the +1.5R that was on offer,  however I held on and trusted my instinct that price was going to head up to the 1hour ema, sitting just above my profit target.

The H1 MAB pushed price back down for a short time, but the H4 EQZ midline at 11663 maintained support, and price began to rise, up, up and up!

In hindsight, and in my dreams, this was a trade I would have loved to ride all the way up to the top, however I’m happy with the 2R profit realised from this trade. I didn’t trade the afternoon session so missed all of the later action.

22:00

The Day’s Price Action

10:01

Reversal FIBCON | Buy | +2.05R

Friday 29 May

End of Day Review

-1.03%

1 trade taken.

0 winners, 1 loser, 0 break even.

11:39

failed H1 MAB | Sell | -1.04R

11:27

Morning Analysis

A couple of trades here that had good potential this morning.

I’m currently marking out the potential for a Reversal FIBCON with price ranging between the Open and the 11571 Key Structure level. I passed on the low probability M1 MAB, I’m expecting price to find support at the M5 MAB and then form a Reversal FIBCON moving back down into the range.