NQ1! No Trade — 2024-05-05
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
5/5/24 $NQ1! We took out last week's high and left the PWLs. We have traded to the D/4H-FVGs and because we are bullish on the LTF, I'll be looking for price to push higher to take out the PWH and trade to the FVG mid point. There is also a D-OB that the body opens at 18184.00 which will be a price point that stands out to me.
If we sell off at any point this week there are 2 +FVGs that I'll be looking fro price to return to 1H/4H+FVG (range 17915.25,17843.75 (MP), 17772.00) and 1H/4H+FVG (range 17722.75, 176693.50 (MP), 17616.25) Once we trade into these areas we should see a reaction to the upside to take the PWH out. Also a daily -breaker with a mid point of 18164.50 that we'll need to consider
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Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
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