Bullish on NAS overall, however the Daily FVG below likely wants to be traded into before the move up.
If the FVG fails, I will expect price to fall to the daily OB below.
Relevant POIs annotated on chart.
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Missed trade opportunity, BMS following capture of Friday lunch liquidity. price gives BMS and melts, hard one to catch, hindsight 2020, was looking for trade into OB above.
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in a buy. Lunch session buy after BMS inside daily FVG.
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initial reactions are favorable, moving well.
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added to position
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taken out, price did not get through the 1H FVG.
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long again on NAS, entry during NYSE open, price took out london sellside and BMS up.
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we are also still within daily bullish FVG
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considering adding here on the 1min if price returns.
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tapped into 2nd position. done executing
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take profit levels
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There is a 4H FVG that we need to see price trade completely through
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99% of trading is doing nothing.
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looks like price wont make it through 4HR FVG on this attempt. got stopped out at SL of 2nd position.
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giving it one more shot.
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so long as the hourly does not close below the OB. but annoyed it chose to wick below it and stop out original positions.
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lol cant you just be normal NAS
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price action is all over the place. coin toss on whether this holds.
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going break even.
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NAS is an emotional one but we love her nonetheless.
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a conservative TP would be right here at capture of yesterday lunch liquidity high.
But yea i like my 5+RRs.
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TP1 hit, holding for TP2
80% taken off at TP1 as my normal approach.
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long again on NAS, positions still running from yesterday as well.
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going break even
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TP1 hit
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TP2 hit on both positions, trade collapsed.
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funded challenges are straightforward with the right approach.
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im done trading for the week but will be forward testing this if price trades up there
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Considering a long
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Long on NAS, this assumes the lunch low will hold, which is riskier as ideally it would be taken before the move up.
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got stopped out, trying again after lunch low was taken.
In the future be patient for the liquidity grab.
Trade ist aktiv
moving nicely, should have been patient on first attempt.
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relatively confident of trade completion on this one.
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TP1 & 2 hit during NY morning news, trade collapsed
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