Instead of backtesting, I papertraded $BTCUSD with #ICT concepts (FVG/OB).
Got stopped out on both trades. Stops way above the FVG entry candles.
Target was #TheStrat 12hr 2d-1-2d (38205.01), which worked a few mins later 🤷♂️
Hindsight $ES_F 1min chart annotating #ICT.
Was not on the trading desk the whole day, except last hour. Backtesting some #ICT concepts and see if I had spotted the move up before it happened.
Stops are pretty wide in current conditions, so 8 handles $ES_F is a huge stop.
It’s currently really quiet on my public timeline, since I take the market hours to watch and learn #ICT strategies.
I annotated the $ES_F 5min chart, in hindsight and this is what I came up with.
$ES 15min, when you have the correct setup marked on the chart since 08:30AM and still don’t trust that we go that low. Tried to long $ES on small pumps and lost. Instead of trusting my setup #ICT
That way, I missed ~100 $ES handles… #Mental issue
PSA: Due to lack of time this weekend, I probably won’t be able to create a #SundaySwing issue.
This is the first time since Oct 21, but due to the better weather other projects around our house outside have priority.
Maybe a short edition, but I can’t promise anything.
Trying to stick to the habit of journaling my papertrades and since today I found a good setup which I planned before ot happened, here is the journal and my thought process.
No hindsight this time, as you’ll see on the pictures, they were taken during that trade. But of course, still paper. …
New Month and a new quarter, so go lite and let the month open up and see how some of the tickers “open” their quarter, but there were a lot of inside Qtr, so this will get interesting for sure.
I wanted to skip this weeks #SundaySwing issue for #TheStrat setups, but after scanning a bit through my @TrendSpider scanners on new monthly charts, I decided to post one :-)
Post and @buttondown newsletter finished. (9AM NY time it is)
First, this is drawn all in hindsight after todays close on $ES_F. Those posts help me to learn all that #ICT stuff and getting better at spotting entries right when they happen during trading hours. I get back to theses posts even during the day and find similar setups.
I’m nowhere near to …
$NQ_F 4min chart, squeezed inside of two orderblocks. I maybe overlooked the lower one today for an entry long. It looks not much, but would have been 50 handles! #ICT