Playbook

In here I will post the trade that made the most sense, and that I think was the best of the day.
If I took this trade or not.

Hopefully in time this will be used to define my methodology, and improve trading thru this being
deliberate practice.

I will start out by doing ones of a couple days past.

3 Signs of weakness principles

Upthrust- High volume, new high, close below open, weakness in the background. Longer term downtrend
Buying climax - High volume up bar closing of the lows, drawing weak hands into buy. Takes a while to roll over
SUpply overcoming demand- High volume narrow spread, sellers are capping al the buying, next bar has to be down.

The UT was part of a top reversal to.

There was also a need to be objective
The supply up top had to be tested before it would go thru

Also when trading in a 30pip or less range be carefull

The value of persistance;
If i was persistnat and took the last trade with a 1m trailing stop, I woudve taken 66 pips out of it

Very good , your on the right path

As u use wyckoff principles , may i suggest u that u read
any post made by dbphoenix on traderslab and elitetrader

it will open your eyes further

Been trying to long based on the 1h chart.

However The first long circled at 1. Was one I shoudnt of taken. As my plan was to look for short in that area. A retest of the breakout.
I longed it on a ns as it was testing the top of the recent range, Yet I did have all the signs that it was going short

This is me analysing a trade different when im in it.

Trade 2 was the correct on and got stopped out at be.

Trade 3 I am getting tired of how dificult they have made this, but it does look a good entry.

On a day like today,
I was looking for a long. But the 5m was in a downtrend
What I will do next time is wait for a sign of a reversal then try to enter a long.