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After two days "sell off" today can be difficult day! Very careful!
Major news, releases
NONE
Pre market plan
Description: Seat on hand and wait good pattern!
Sceanrio1: Same guys will be try to continue sell, BUT i think it will be not enough power for this day and after new day low can be same PB to ON_High
Sceanrio2: At friday guys who want close his short position and today they will be ready to continue sell from strong sell Friday area.
Sceanrio3: Low volatility scenario and price will go up becouse no seller on the market;
Market recap
One trade and stop
Description: Neutral day with 7380 important area;
Trading statistic PNL: 242$
Win ratio: 100%
Risk/reward: 2,12
Playbook ratio: 100%
Profit index: 0,25
Description: After first trade main idea was close platform) And time to time is correct way!
Can you help answer these questions from other members on NexusFi?
Pre market plan
Description: Main idea Long base on my pre market Order Flow view
Sceanrio1: After open will be same PB to 7350 area and fast come back to 7380 area and i will look same strong buy pattern;
Sceanrio2: Same like scenario1 but with out PB 7350 and in this case i wiil be wait PB to 7380 area or same PB to delta support area;
Sceanrio3: Market continue be negative and strong push price lower after open and hold price under 7380, look same delta resistance area
Market recap
It was very interest day for knowledge
Description: 7380 area is very important Trading statistic PNL: 84$
Win ratio: 33%
Risk/reward: 2,45
Playbook ratio: 83%
Profit index: 0,37
Description: It was good day becouse i want trade in low volatility mode with out jump to same not strong idea. After six trade i have small plus and it good and much better then same loss!
Pre market plan
Description: 7380 area is edge for SELL/LONG
Scenario1: Price PB to 7380 duringg opening time and find strong limit seller or stron sell off players!
Scenario2: Buyers is out from game and they can`t push price to 7380 and during first 15-30 minutes we can see same sideway move or sell off from opening, wait same delta resistance area;
Sceanrio3: Buyers will be try control 7380 area and work too strong with "Buy all" or strong Sell stop signal! Buy only above 7380 area;
Market recap
Perfect Sell off day, but with out me
Description: Hi-tech sector under pressure!
Trading statistic PNL: 200$
Win ratio: 100%
Risk/reward: 1,73
Playbook ratio: 100%
Profit index: 0,5
Description: No chance for me. My stop (12 ticks) loss during this volatility it "Noise in the noise"
Today does not meeter any news or comment! No plan and pre market today! I will be only watch and not trade becouse
it will be like chaos day!
Market reacap
1. It was to strong day for NQ and NQ was much stronger then other market
2. Iam find next my mistake "Iam jumping"!!
Description:
1. Don`t use close botton on chart position in Investor RT that work very bad!
2. Iam click 3 times on close and it MY MISTAKE!!
P.S. My green line was 8 days! It great! Now was pit stop and try to be better! ))
Pre market plan
Description: After yday reverse signal iam wait same PB to VWAP sell off area;
Scenario1: Like always iam prepare with PB to same support area or VWAP and after find same strong buyers;
Sceanrio2: Buyers can`t give chance for seller to push price lower at yday vol. area and will be hold price after open in same range and iam wait same strong signal from buyers;
Scenario3: Yday seller will be strong and start do same what yday and in this case i wiil be look how market will be react during first 30 min
Market recap
Good reverse day, iam play with volatility and it push me((
Description: Continue higher with negative delta.
Trading statistic PNL: -940$
Win ratio: 24%
Risk/reward: 1,1
Playbook ratio: 0%
Profit index: 0
Descrition: Knowledge day!! DON`T PLAY with VOLATILITY! THAT IS NOT MY GAME!
Intro
Two weeks before it was about the low volatility period on the market and nw it report about high volatility period.
There will be no review of positive and negative aspects in today`s weekly report. I will concentrate on my mistakes during high volatility market.
Chart report
Description: On this chart very clear see what is wrong! Volatility too high BUT my avarage profit too small! And my win ratio again too low!
Becouse how i told before my stop loss during too high volatility market it "noise in the noise" and it complytly true!
Description: It was fail at friday when volatility was on the top of week and iam start trade after open! CRAZY!!
Summery
1. I must prepare same additional rules on high volatility period!
Description: What more then 20(25) it too much for me!!
2. My trading rule must be like on this picture:
Additional rule and idea about high volatility market
1. Don`t trade first 30-60 minutes ofter open, volatility is more then enough to trade other time. During this time prepare same delta support/resistance area!
2. Don`t trade "Sell stop" or "Buy stop" pattern. Becouse limit players can`t hold price. Look same big delta in your direction.
3. Always wait close VWAP gap. Or trade in close direction. This is rule work always (not only on high volatility market). VWAP gap can not close only if same strong news or any unuasual situation!
4. Idea how do pre market plan better:
- Add level from day and 1-hour chart;
- Don`t need add all my work level (.10;.30;.50;....) only add level where iam wait same reaction;
Pre market plan
Description: I am wait once more test this huge sellers area.
Sceanrio1: Positive scenario becouse last two trading days NQ was stronger then ES and Friday was reverse day. In this sceanrio iam wait test 7100 area and look same strong MARKET buyers;
Sceanrio2: Buyers too strong and don`t give chance to PB 7100 area and hold price around 7150-7180. In this case i will be look same delta support area.
Scenario3: Sellers try once broke this huge sell area! In this case i will be look same strong market sellers;
Market recap
Day on 50/50 BUT i don`t see same good buyers
Description: One thing about today it 7100 if tommorow price go under 7100 it can be good short
Trading statistic PNL: 270$
Win ratio: 67%
Risk/reward: 1,56
Playbook ratio: 100%
Profit index: 0,51
Description: Good low volatility trading day! With additional rule don`t trade first 30-60 minute and find same delta area
Pre market plan
Description: Look on gap!!
Scenario1: Today standart scenario. If buyers will be strong and don`t give chance to close gap and will be hold price above 7150 i wiil be look long on same strong buy delta or same delta support. In this scenario iam wait same reverse to down arond 7210-7230
Sceanrio2: If price after open go and close gap it means buyers is not strong and today we can go under 7100
Sceanrio3: Same like scenario1 but with out reverse
Market recap
Wrong day! NQ +4% my account -500$! WORNG!
Today in Market recap only comment what next step to be better:
1. Iam good enough understand momentum signal BUT iam completly don`t look on full market picture!
2. I must read Market context and only after LOOK same momentum signal! That is right way!
3. Iam change my Market recap:
1. Market comment
2. Market context
3. Trading statistic
P.S. This is rule with big delta after 18:30 work and work good! Becouse it stock market index. If ALL stock in green area it must be came same strong bad news for reverse all market;
