More

    Daily Review – Friday, Oct 4 2024 [NFP Day]

    Instruments Traded
    NQ
    ES
    GC

    Winrate – 0%
    3 trades
    2 losses, 1 breakeven

    Trade 1 – Gold Futures Long

    Higher Timeframe POV

    I saw a 1 hour CRT setup formed at a key level, the 1 hour fair value gap.

    Orderflow was bullish with the markets still making higher highs and lows.

    So I zoomed into the 5min chart to get an entry.

    Lower timeframe (M5) – POV

    I saw my classic raid entry setup and set my limit orders.

    Confidence was pretty high on this trade.

    Outcome

    L

    Learning Points From This Trade

    • Don’t trade pre NFP
    • This is the kind of setup I will take over and over again because the confluences were there, entry was clean etc.

    Trade 2 – NQ Short

    Trade Idea

    Market had broken structure to the downside 2 times, the rallied to swipe liquidity and then had a market structure sweep with fvg combo.

    Looked like a good short to me and I went in.

    Trade Outcome


    Trade 3 – ES Short

    Latest articles

    spot_imgspot_img

    Related articles

    Leave a reply

    Please enter your comment!
    Please enter your name here

    spot_imgspot_img