Peak Protocol
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Just saw now that my USDJPY TA take place, I don't have an entry here BTW :)
But look how accurate our strategy!
see GOLD, look for an entry long, if confirmation did not show up on LTF, no entry :)
okay, short did take place, our TP which is the previous low nataken out na din, let's see if this is a sweep, pag sweep yan, aangat yung price :) look for SCOB confirmation again :)
If mag BOS, wait for IDM then look for entry
Always remember to check D1 TF in context on your lower timeframe bias, are they aligned? :)
10 Trading Rules:
10. Set goals
9. Patience is key
8. Embrace losses
7. Stay disciplined
6. Schedule breaks
5. Adapt to markets
4. Track your trades
3. Learn relentlessly
2. Prioritize your health
1. Trade logic, not emotion
The most important thing you need to understand as a "day trader" is that day trading is not everyday trading.
Just like daily bias isn't everyday bias. You only want to trade when daily bias is CLEAR.
If HTF isn't clear you dont engage.
Since current Market Structure ko is Bullish na on H1 timeframe, I will look for a confirmation dito sa OB, I'll wait for CHOCH + IDM, if no confirmation I wont enter long.
Look how good this trade is, sayang hindi ako nakapasok sa first entry, pero nakapasok naman sa 2nd entry.
I have decided to make my TP smaller as I am about to sleep na when I set this :)
Look at the reaction on our POIs
You will miss trades
You will leave money on the table
You will close trades before the move happens
You will make mistakes
You will say "I wish that..."
You will say "I shoulda...coulda..."
That's part of the process, make peace with that
