July 2 Recap
- Rishi Pahuja
- Jul 3
- 1 min read
Updated: Jul 7
Positives...
I didn't chase into a trade or force a trade when the market ripped without me. I had a downward bias and didn't not 'find' an entry for the sake of finding one. I waited and waited and waited for the 10m to show me a short setup - it pretty much never did. Just kept running without me. So, awesome job for not getting fomo, getting frustrated and chasing or acting irrationally.
I made profit on the day. I had a setup. I entered very close to my SL and exited swiftly.
Negative...
I was married to my bias. I didn't react to what price was doing.
I kept expecting a bigger move, when the smaller move profited more than enough
I took less profit, then added to 'make up' for the 'lost' profit.
I oversized
Ultimately, I'm proud of my day.
I didn't get emotional when the market moved in a way that was unexpected
I ultimately did profit
I was incredibly patient
I executed
Where I 'missed' the bias. In my plan I noted that the hourly chart was bullish. The 10m was clearly down BUT lows continued to hold, we started eating in to the ribbon on the 10m and previous support, turned resistance, reclaimed as support. I have to react to price.
What to do today.
Be equally patient. Commentate the 10m. React to the 10m. Defer to the 10m. What is the context. Explain it to others.





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