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Cready Trades

5/5/23 Closing My Best Week So Far

As traders, we all have those weeks where everything just falls into place, and we execute near-perfectly on all our trades. This week was one of those weeks for me. From Monday to Friday, the market offered textbook setups, and I was able to execute my trades with precision and discipline.


I know that not every week will be like this one, but it's a dream come true when the opportunity presents itself. This was, without a doubt, my best live trading week to date, securing nearly 7.5% across accounts at three different firms. Additionally, I passed two phases at Funded Engineer, which means I'm now contracted with my fourth firm. I'm truly grateful for the opportunities to scale my trading business.


What's interesting about Friday is that all three setups I took were of a similar type. I've been learning to identify this setup and stop chasing moves. I realized that when the market offers you a good setup, you don't need to look for anything else. Stick to your plan, use appropriate risk, and execute with discipline.


As a trader, I've learned that it's not about how much you make in one week, but about staying consistent and disciplined over the long run. This week may have been exceptional, but it's crucial to remember that every week won't be like this. The key is to stick to your plan and execute it with discipline, even when the market isn't offering you the best opportunities.

I'm excited to see what next week brings and how I can continue to improve my trading skills. But for now, I'm taking a moment to celebrate this week's success and reflect on the discipline and focus that got me here.

 

NAS100

  • Thursday offered a Day 3 Shorts on US100

  • Price did not close above the open Volume outside of Wednesdays Low was not confirmed trapped but I suspected what may happen next

  • Fibs pulled both directions across Day Range

  • Short Bias until Retest on topside of short fib 61

  • Entered long from 38 on Long Fib after NFP Data Release targeting -61

  • Scalped positions on Live Accounts and rode Evaluation to target/ Completion

 

AUD/JPY

  • Thursday offered a Day 3 Shorts on AUD/JPY

  • It also confirmed First Green Day into the NY Close

  • Price closed closed above the open trapping volume outside of Thursdays Low

  • Fibs pulled both directions across Day Range

  • Short Bias until Retest on topside of short fib 71

  • Entered long from 23.6 on Long Fib in Asia targeting -61

 

US30

  • Thursday offered a Day 3 Shorts on US30

  • Price did not close above the open Volume outside of Wednesdays Low was not confirmed trapped but I suspected what may happen next

  • Fibs pulled both directions across Day Range

  • Short Bias until Retest on topside of short fib 61

  • Entered long from 38 on Long Fib after NFP Data Release targeting -61

  • Scalped positions on Live Accounts and rode Evaluation to target/ Completion






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