I didn’t want to send the third entry here without first having the time to write a full explanation for you all. As mentioned yesterday, the most likely scenario was a tap into the NWOG followed by a reversal. You saw me enter twice already, and both trades ended at break-even. For many traders, this is where they close the charts, become frustrated, and reassess the following day. In many cases, that’s actually the sensible thing to do. However, trading is not an exact science, and sometimes it takes more than a simple tap into a POI to trigger the move you’re anticipating. In this particular case, I still believed the probabilities heavily favoured a reversal. If price needed a deeper retracement into the NWOG before moving, I was willing to allow that to happen. These are the moments where I don’t need every single confluence to align. I don’t need every FVG to invert, every OB to be respected, or CVD to print a perfect divergence. When you have a clear narrative and the odds are stacked in your favour, it’s worth putting risk on the table without waiting for the perfect entry. This is what I want you all to understand, and why I believe discretionary trading will always outperform mechanical trading in the long run. Please don’t use this as an excuse to overtrade. That’s not what’s happening here. There’s a big difference between forcing trades and re-executing an idea that still has a valid thesis behind it. This is about understanding the market conditions you’re in, keeping the bigger picture in mind, and recognising when the market is still supporting your original idea. A tap into the NWOG with a very clear scenario developing doesn’t happen every week. These are opportunities we don’t want to be afraid of. One psychological lesson I’ve learned over the years is that break-even trades should not emotionally reset your analysis. Too many traders subconsciously treat a break-even as a loss and abandon a perfectly valid idea because they feel frustrated. The market doesn’t know, and certainly doesn’t care, that you’ve already entered twice.

I made a second continuation trade, waiting for confirmation after the open. After taking the previous lows and creating a strong reaction, I patiently waited for the h1 candle to close, where the LTF (long-term fund) takes internal liquidity to continue the bearish trend, respecting the BB (breakbreak). This trade was made on another account for the futures funding exam. The price will likely continue to fall towards the pending gap opening, but I can't let the trade run any longer because consistency is required during this exam phase. I'm starting to fund myself again because my psychology with sniper entries on much lower timeframes was difficult to manage and maintain consistency with. Now I make my entries on higher timeframes, clearly with a much lower risk-reward ratio, but it's much calmer for my psychology, and I like having it this way to maintain good consistency.

I usually wait until after the market opens to trade. Very rarely do I encounter a scenario where multiple timeframes converge, from HTF to LTF, and in those cases, execution occurs pre-market, which is why I take advantage of the opportunity to get a shot at futures trading. My question is whether the plan you posted here for the week—waiting for the market to open—is a strict rule to follow, or if it can be disregarded in cases like the one I experienced today.

Drop a comment below introducing yourself: • Where are you from? • How long have you been trading? • What is your biggest challenge as a trader right now? • What are you hoping to achieve from this community? Welcome aboard.