This would've followed my rules, would've been a nice 5R. POI isn't the most prefered, hence the planned aggressive close of the trade.
REFLECTION
GOOD/SMART THINGS I DID: I was meaning to take profit early (close at 5R) at put at BE at M5 BOS.
MISTAKE: I moved entry from LTF OB that was chosen orignally, bc i thought price mitigated a liquidity wick instead, but really price was still "pending to mitigate" the OB i was looking to enter.... ending up in entering too early at a lower price, while also getting stopped out...
LET PRICE HIT YOUR LEVEL. ON COUNTER TREND TRADES (espeeciallyyyyyyy) DO NOT, Chase the tradeeeee my guy.
Did I feel hesitation or Niave about the trade?:
REFLECTION
GOOD/SMART THINGS I DID: I was meaning to take profit early (close at 5R) at put at BE at M5 BOS.
MISTAKE: I moved entry from LTF OB that was chosen orignally, bc i thought price mitigated a liquidity wick instead, but really price was still "pending to mitigate" the OB i was looking to enter.... ending up in entering too early at a lower price, while also getting stopped out...
LET PRICE HIT YOUR LEVEL. ON COUNTER TREND TRADES (espeeciallyyyyyyy) DO NOT, Chase the tradeeeee my guy.
Did I feel hesitation or Niave about the trade?:
Comment:
HTF View of Counter Trend POI
s3.tradingview.com/s...shots/9/9cEwU3yR.png
s3.tradingview.com/s...shots/9/9cEwU3yR.png
Comment:
M15 View of the POI
s3.tradingview.com/s...shots/u/UqjWGDEB.png
s3.tradingview.com/s...shots/u/UqjWGDEB.png
Comment:
M1 refinement of the POI
s3.tradingview.com/s...shots/m/My3usZXe.png
M1 Entry (criteria)
s3.tradingview.com/s...shots/p/pmABduvu.png
s3.tradingview.com/s...shots/m/My3usZXe.png
M1 Entry (criteria)
s3.tradingview.com/s...shots/p/pmABduvu.png
s3.tradingview.com/s...shots/r/rr2GXR02.png