NQ Tuesday
My bias originally was bullish looking over the weekly daily and hourly time frame, I saw what I thought was a sell opportunity from a Vol Imbalance daily time frame created on oct 19th.
We opened under that this morning and I saw a great rejection off of it at the 8:09 candle lead me to believe we may have rejection there and sell.
entered a sell at a 8:40 and was stopped out and at 8:55 candle I should have interpreted the close above the Vol Imbalance and saw that as an indication we may want to reach higher as originally anticipated.
I will be posting my trades on demo below of what three entries I took today.
Lesson - always look at the higher time frame to see a better picture, to match the pressure of buys and or sells to determine absolute direction to trust smaller time frame and compare similar indexes and DXY to help with direction as well.
note mark near liq. zones and FVG to use as targets and or entries and exits.
remember to look at "resistance and support " as targets. "even edges"
what I saw in the market and my losses
next post will have what should have been my correct entries and why.
We opened under that this morning and I saw a great rejection off of it at the 8:09 candle lead me to believe we may have rejection there and sell.
entered a sell at a 8:40 and was stopped out and at 8:55 candle I should have interpreted the close above the Vol Imbalance and saw that as an indication we may want to reach higher as originally anticipated.
I will be posting my trades on demo below of what three entries I took today.
Lesson - always look at the higher time frame to see a better picture, to match the pressure of buys and or sells to determine absolute direction to trust smaller time frame and compare similar indexes and DXY to help with direction as well.
note mark near liq. zones and FVG to use as targets and or entries and exits.
remember to look at "resistance and support " as targets. "even edges"
what I saw in the market and my losses
next post will have what should have been my correct entries and why.
Feragatname
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