Trade Detail
dreezyreeve's /MNQ Trade 0.00
Trade Details
- Published
-
July 8, 2024, 10:49 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Future
- Future Date
-
July 8, 2024
- Future name
-
/MNQN24
- Symbol
- Type
-
Long
- Pattern(s)
-
9:30 Open To Pre Market Open Gap Down, All Time Highs, ATH failure, Bottom VWAP Long, Failure on 2nd ATH, H1 Bullish Structure, H1 Bullish Trend, H12 Bullish Structure, H12 Low StopLoss, H2 Bullish Structure, H2 Bullish Trend, H2 TrailStop, H4 Bullish Structure, H4 Bullish Trend, H6 Bullish Structure, H6 Bullish Trend, M1 Bearish to Bullish Variation, Playbook , Pre Market Low Stoploss, Pre Market Open Long, Pre Market Open Reaction,
Featured Image / Proof
Auto-generated Chart BETA
Notes
Trade Of The Day Setup - July 8, 2024
Market Conditions and Setup:
- Difficulty of the Session: Acknowledge that the trading day was tough, with challenges like being stopped out of a prior long.
- Entry Signal: Identified a long entry opportunity around the premarket open (PMO), which coincided with a stop run that turned out to be the low of the day.
- Additional Signals: Utilized an M1 TTM squeeze long signal and a test of the lower VWAP band for entry confirmation.
Learnings and Adjustments:
- Referring Back to Setups: Recognize the value of documenting and referring back to "Trade of the Day" setups for future trading sessions. This approach helps in anticipating similar setups and improving execution.
- Predominant Trend: Reflect on the importance of identifying and following the predominant long bias trend, which was supported by bullish signals from weekly, daily, and H12 charts.
- Strategy Adjustment: Plan to adhere closely to the bullish trend premise in upcoming sessions to potentially capitalize on similar setups.
Moving Forward:
- Learning from Challenges: Take lessons from the tough trading session to refine strategies and improve decision-making.
- Consistency in Approach: Maintain discipline in analyzing and executing trades based on identified setups and trend biases.
- Preparation: Continue using historical setups and market analysis to prepare for future trading opportunities effectively.
Trade Of The Day Setup 7/08/2024
Todays trading session was very difficult. I was stopped out of a prior long and that stop run was actually the low around the PMO(premarketopen) where the long of the day entry was provided. I also had other signals like a M1 TTM squeeze long signal, and a test of the lower VWAP band for an entry. So next time this type of trading day/setup is in play, I will use this trade of the day concept to refer back to a likely setup that can play out again in the future.
I could have figured that the predominant trend would still remain long biased due to the fact that the superior trend remained bullish from the weekly, daily and h12 charts. I have to follow this premise tomorrow so that I can bounce back.
Transactions
| Date | Side | Amount | Price | Commission | Reg Fee |
| July 08, 2024 10:35:00 | Entry | 0.0 | 0.0 | 0.0 | 0.0 |
| July 08, 2024 11:35:00 | Exit | 0.0 | 0.0 | 0.0 | 0.0 |
