NAS update

20 apr 2023

so far what I can see is that price after Tuesday consolidation started to drop over night during London session. will go back to double check.

once price started to drop and break structure it gave a great entry but stopped out with my conservative STOP and targeted low SSL (sell side liquidity ).

once it grabbed lows it began to show signs of weak sellers and stronger buyers and it started to break structure to the up side or as ICT will call it MSS.

this happened during morning open and entered once and got stopped out a possible fake first move, soon after it gave a second entry, and entered again targeting BSL or (Buy Side Liquidity. soon after lunch tp was tapped and all positions closed.

after noon session gave a sell entry and didn't take it to conserve capital.

pattern noticed notes below

-traded night or midnight and take a loss
- traded too early also lost
- traded after set up appeared and win always .

wait for set up and ok not to trade some days

wait for Doyle signal.

Future Notes for Thursday April 20th - NAS has already grabbed BSL as mentioned above and also filled FVG above now it is selling down and may continue to target previous lows and fill FVG left behind.

20 apr 2023

Trade chiuso: obiettivo raggiunto

Yesterday 21 hours ago we analyzed NAS and noticed that it had already taken BSL (buy side liquidity) tapped and filled a FVG (fair value gap). We anticipated the market going down to target liquidity low @ around 12980.

-Staying disciplined we didn't enter trade we are following rules and looking for a setup during NY session.

-London session sold and took out lows at 12980

- Morning session we see price breaking structure to the up side after a liquidity sweep, and leaving FVG below to be tapped into, once we marked that and started noticing that price was at a discount price we entered a buy and set our stop loss.

-Partials were taken at a 1:1 ratio and rest to target liquidity LONDON highs.

TP smacked.

see y'all tomorrow !