MES1! No Trade — 2025-01-28

1/28/25 $MES Tuesday was a heavy news day and a late start after staying up very late the previous night before studying my trades and watching more ICT videos. I thought I'd trade but didn't necessarily want to push it too hard knowing my status of not having much sleep (stayed up until 5:20am).  

The setup came about as the over night session left the Asian/Sydney high as the BSL for the day. It was swept during the NY opening session and this gave the conditions for the -IFVG Manipulation Model for a sell and reached the STL target as expected, then immediately trigger a secondary +IFVG Manipulation Model setup for a buy. The buy took price higher and continued to push well above the trading range to take out HTF targets. Definitely a missed opportunity on both trades, however, it is more important to me to confirm my trading model at the moment that to actually trade. I know at the end of the day that if I am confident in my strategy and trust that I've done the work to consistently deploy it, I will make the money I am going to make by focusing on building my systems. 

Entry: 6064.75 SL:6071.50 Target: 6031.50 Adjust SL: 

Entry: 6035.00 SL:6025.50 Target: 6072.75 Adjust SL: 

News 8:30am USD Core Durable Goods Orders m/m 0.3% 0.4% -0.2% USD Durable Goods Orders m/m -2.2% 0.3% -1.2% 9:00am USD S&P/CS Composite-20 HPI y/y 4.3% 4.2% 4.2% USD HPI m/m 0.3% 0.4% 0.5% 9:59am USD Richmond Manufacturing Index -4 -13 -10 10:00am USD CB Consumer Confidence 104.1 105.7 109.5