Futures trading journal - GB

[Gringotts Bank]

whoah nelly - Heavy dump. I certainly had this one wrong. I'd say it's the volume analysis. Wasn't nearly enough in my favour to take those last two trades.

 

[Gringotts Bank]

That last leg turned out to be climactic selling volume, but I had to go to beddy byes. CL had a ripper trade there at about 3:30am.

 

[Gringotts Bank]

Didn't take this one because the volume is in the downswings. That big 25 volume dominating the picture.

 

[Gringotts Bank]

GC long. Late to enter, but price is the same as the entry.

 

[Gringotts Bank]

GC long. Late to enter, but price is the same as the entry.


View attachment 148220

Stopped out. Why? Well it's clear (in retrospect) that the FVG imbalance at 1622 is drawing the price. What I've learned here is to priotritize the imbalance zones over swing volumes.

 

[Gringotts Bank]

Let's hope I break the losing streak with this long ES.

 

[Gringotts Bank]

Let's hope I break the losing streak with this long ES.

View attachment 148223

 

[Gringotts Bank]

Stopped out again. Geez. Time for a break.

 

[Captain_Chaza]

It Gets Better
The First Ten (10) Years are the Worst

after that
It can sometimes be Plain Sailing

 

[Modest]

3670 on ES tonight hopefully

 

[Gringotts Bank]

3670 on ES tonight hopefully

Related to this?

 

[Gringotts Bank]

I'm going against the master's advice.

Long ES

 

[Gringotts Bank]

3670 on ES tonight hopefully

Just like he said. It went lower and I got stopped out.

Would love a bit of guidance please @Modest.

 

[Modest]

You probably don’t want my guidance because I’d tell you to remove everything from your chart except for the candles

 

[Gringotts Bank]

You probably don’t want my guidance because I’d tell you to remove everything from your chart except for the candles

Easily done. Was it a serious offer to help?

 

[Modest]

Now zoom out and tell me what the current trend is on 60 min TF

 

[Gringotts Bank]

Now zoom out and tell me what the current trend is on 60 min TF

Clearly lower.

 

[Modest]

Now explain to me why you are trying to go long

Go with the flow.


Find patterns that repeat that change trend. Once you get very good you can start picking tops and bottoms. Hint these will be found on HTFs

 

[Gringotts Bank]

Now explain to me why you are trying to go long

Go with the flow

ok, so base higher TF on the hourly. Ready for the next lesson.

Regarding the entry rules I've been using - are any of them good?

 

[Gringotts Bank]

Now explain to me why you are trying to go long

Go with the flow.


Find patterns that repeat that change trend. Once you get very good you can start picking tops and bottoms. Hint these will be found on HTFs

"Find patterns that repeat that change trend".

I thought I was doing that with the Vic2B reversal. Maybe daily is too high. Will try hourly.