Daniel's Public Journal

Yesterday, February 10, I was completely out of sync with the market.

Trade #1

I wanted to go short because the NQ price had been going up since Sunday’s opening and reached the hourly bearish FVG. On the chart, I spotted relatively equal lows around the NY midnight opening price, which would be a great target.

Just before the opening, I noticed that NQ price formed a classic ICT 2022 YouTube setup on the 5-minute chart, which reinforced my belief that the price would want to go lower.

Immediately after the market opened, ES and YM started to fall rapidly, confirming my assumption.

However, when I entered the short trade, I was not aware of the 15-minute bullish FVG (green rectangle/area). I simply forgot to mark this PD array and, as a result, opened a position that I would never have entered under normal circumstances.

Never mind, everyone makes mistakes. The trade ended in a -1R loss.

Trade #2

My second trade was based on the same premise as the first one.

Since I was still unaware of the 15-minute bullish FVG, I attempted to re-enter after the price got below the 1-minute bullish FVG.

My unawareness was quickly punished with another -1R loss.

This is what happens when one fails to perform a thorough analysis :laughing:

Total loss: -2R