Today my Internal Guidance asked me not to trade so the charts and the trades outlined are purely hypothetical.
Big Gap up so looking for signals to go long. This could be a DivW or a $TICK hook in direction of trend.
So…
14:34:30 Trade One: $TICK hook then DivW one bar later as confirmation. Scaled in as $TICK hooked down and then up with at least a 3 tick difference in price from entry. Took profits at 2nd test of yesterday’s high with $TICK divergence plus $TICK extreme.
R-Multiples: Entry 1 2.67R Entry 2 1.5R Total 4.17R
14:52:30 Trade Two: DivA against Yesterday’s High plus NQ was hitting R1. I waited for close below low of high bar and went in market. Price went sideways for two minutes and set-up a DivW.
R-Multiples: Entry 1 -0.25R Total -0.25R
So…
14:54:30 Trade Three: DivW. Trade didn’t really look back as soon as it was in play. $TICK hook up confirmed scale-in point before the breakout of Yesterday’s High and the trade went to target within 5 mins.
R-Multiples: Entry 1 4.00R Entry 2 2.00R Total 6.00R
Total 9.92R before commissions
So that was a perfect day’s trading. I didn’t take because:
1-I did not feel prepared (no meditation before open)
2-My IG was not in agreement
I have described the trades as if I actually took them. I believe that after the fact my mind knows no difference between what happened and what I make up… So. For training purposes I want my mind to believe that I took every trade perfectly.