Exciting day as I was declared winner on TFTs 1st Kings Tournament and my in person podcast from Miami premiered on YouTube. https://youtu.be/Ifstvgg057c
Decent day as far as execution. I could have avoided some losing Nas100 and USD/CAD positions if I had just observed my day count procedure. Neither of the losses were oversized so I accept them as regular system factors. Below you will find the breakdown for 2 setups I profited from. GA was on a evaluation account and Oil was on my FTMO Live.
GBP/AUD
False Break Reversal at the HOD/HOW/ HOM.
Peak Formation High Outside Tuesdays Range between London/ NY.
At NY Open price broke down inside trapping volume above 00.
Price bounced from 50 back to 75, locking the level and HOD.
I entered short at 75 from 38 retracement w/ 25 pip SL targeting - 61 fib extension and "00" 75 pips below
USOIL
3 Days/ Levels of Rise into Peak Formation High above Tuesdays Range.
Price spiked higher on 1030 Data Release but I missed my initial entry above $74.
Price broke down inside quickly before pulling back into the breakdown traders.
I entered 2 positions at 73.80 & 73.65.
After 30 mins of sideways action price created a new LOD and slowly auctioned back down inside until the end of day.
I closed 1 position at 100 pts and left the runner with SL at B/E.
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