sean2's ETH/USDT Trade +$324.00

🗓️ Weekly Trade Journal – ETH (Ethereum)

Strategy: Volume Profile (Value Area High, Point of Control, Value Area Low)

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1. Market Context
    •    Trade taken in a range-bound environment following a sharp downward move.
    •    The Volume Profile (VAH, POC, VAL) served as the primary structure for the setup.
    •    Price action remained in consolidation after the drop, offering short opportunities around key levels.

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2. Entry Trigger
    •    Setup: Short position anticipated on a potential breakdown through the Point of Control (POC).
    •    Entry: 3,526 USD — taken prematurely, before the POC was actually broken, which goes against the strategy rule.
    •    Stop Loss: 3,600 USD (above the last significant high).
    •    The invalid early entry reduced trade quality and increased exposure.

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3. Trade Details
    •    Entry: 3,526 USD
    •    Take Profit Target: 3,332 USD (Value Area Low)
    •    Lowest Price Reached: 3,400 USD (missed optimal exit)
    •    Actual Exit: 3,472 USD
    •    Stop Loss: 3,600 USD
    •    Result: Small profit; partial move captured, but missed ideal exit zone.

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4. Trade Rationale
    •    The plan was to capitalize on a POC breakdown and target the Value Area Low.
    •    Execution error: entered early without confirmation and hesitated to take profit at the local low (3,400 USD).
    •    Decision to hold longer was based on the expectation of a bounce back to POC, offering a second short opportunity.
    •    However, this reduced trade efficiency and overall profit.

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5. Execution & Emotions
    •    Execution: Below average — premature entry and delayed profit-taking.
    •    Emotional state: Controlled, but slightly biased by the expectation of a re-entry opportunity.
    •    Positive aspect: Maintained composure and clear reasoning despite suboptimal execution.
    •    Lesson: Respect entry rules strictly