@Razvan Mocanu 🙌

@Razvan Mocanu Hey man I took a very similar short trade on NQ. Even though the trade worked out, I'm not completely sure my reasoning for entering was correct. I'd like to share my thought process and get your opinion on it. Maybe I missed something or interpreted something incorrectly. My thinking was that price closed below the marked lows and also below VAL. At that moment, price looked healthy to the downside because it was moving in line with the CVD. The CVD was strongly bearish, and seeing price break and close below both the lows and VAL seemed like a good indication that sellers were in control. Because of that, I waited for a pullback into the VAL area. There was also a 5-minute FVG sitting there. When price reached that area, I dropped to the 1-minute timeframe and waited for a reaction. During the pullback, I noticed that price wasn't really moving in line with the strength shown on the CVD, which made the pullback look temporary rather than a genuine shift in order flow. After getting the 1-minute reaction, I entered short. For targets, I used the same 28th May low that you mentioned. It also lined up closely with the 50% Fibonacci level on the daily timeframe, so I felt it was a reasonable area to take profits. How does that reasoning sound to you? Does my thought process actually make sense, or are there any flaws or things you think I might be overlooking?

Sup everyone! I'm from Ethiopia 🇪🇹 I've been trading for a little over 2 years now. My biggest challenge has definitely been overtrading and not always sticking to my trading plan. Most of the time, it's not the bad trades that hurt me, but those moments when I go off-plan and end up wiping out profits that took weeks or even months to build. Really glad to be here and happy that this community was created. Looking forward to learning from everyone and sharing experiences. Hope it's going to be an awesome and valuable community for all of us!