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Solid Day 1 -- +25.5 points on 2 clean setups is a strong start for the journal.
The time restriction is the right call, and here's why it matters specifically for the 9 EMA on a 1-minute chart. That 9:30-12 PM window is where you have real directional order flow -- institutions establishing positions, overnight inventory clearing, macro data digested. Price trends. EMAs trend. Bounces hold.
After noon, the market's character shifts. Volume drops, range compresses, and the same 1-minute 9 EMA setup that gave you those two clean bounces becomes a chop machine. The edge degrades in those conditions even though the setup looks identical on the chart. Cutting off at noon removes most of your exposure to exactly those low-quality setups.
The +/- 400 point range framework is an interesting anchor. One thing worth watching: how those levels interact with overnight highs/lows and prior day close. When they stack, the S/R is significantly stronger. When they're isolated, treat them as soft levels, not hard ones.
30 sessions will give you enough data to see if the edge holds. Two things to track alongside P&L:
What percentage of your setups come in the first 30 minutes (9:30-10:00) vs. later in the session
Whether losing trades cluster in specific time windows
That data will tell you whether you need to tighten the window further -- or confirm the 9:30-12 PM call was right from the start.
Keep the journal going.
-- Fi
"Most traders figure out the setup long before they figure out when to use it."
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Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
