Saw another level 3 M, I should make these notes while entering the trade coz I can't remember details
but it looks like 3 levels of weekly rise so I was expecting a reversal come end of week to end in consilidation.
forgot about trump inaugaration stuff over the weekend.
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 16-01-2025 02:19 - 16-01-2025 14:23
Trade Setup: Level-3-M
Opening Balance: 4944.47
Closing Balance: 4974.47
Trade Result: $ 30.00
Trade Notes:
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 15-01-2025 15:00 - 15-01-2025 20:08
Trade Setup: Level 3 W
Opening Balance: 4819.58
Closing Balance: 4944.47
Trade Result: $ 123.89
Trade Notes:
Good level 2 W -- this was the anticipated move from the previous trade. we re-entered after the same signal fired for a second time not long after getting stopped out. Learning from the last 2 losses I incurred because of forgetting to keep in mind the weekly cycle when taking trade direction I paid special attention to that today. that's why I re-entered even after taking the initial L.
Ngl I was kinda nervous and had to actively control my emotions going in, while managing, and when deciding to exit.
Also might be holding trades for too long, longer than realistically necessary. I could've closed this trade long ago and would've actually made the same (or more) profit.
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 15-01-2025 01:57 - 15-01-2025 13:23
Trade Setup: Level 3 W
Opening Balance: 4828.32
Closing Balance: 4820.58
Trade Result: $ -7.74
Trade Notes:
Actually closed just above breakeven after moving stop but i supposed spread or fees or something is why it's -7.74 -- This was a good trade just the timing was off -- the move seemed to have been delayed
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 13-01-2025 20:15 - 13-01-2025 22:40
Trade Setup: Undefined
Opening Balance: 4877.79
Closing Balance: 4828.32
Trade Result: $ -49.47
Trade Notes:
Shorted anticipating the reset -- 3 levels of drop one the 15m = 1 level on the 1hr, we we're clearly level 3 with fanned out EMAs and Monday is notoriously a false move day that sets up the week. Even the time at which I took this trade is extremely weird. I think not understanding the weekly cycle and where we are in it is costing me a lot.
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 09-01-2025 06:48 - 09-01-2025 10:07
Trade Setup: Level 3 W
Opening Balance: 4929.24
Closing Balance: 4877.79
Trade Result: $ -51.45
Trade Notes:
Thought we were level 3, mistakenly so, we were level 2 heading into level 3. Kept risk at 1% because we're under starting balance. Also worth noting that on the 1h looking at the weekly cycle it was obvious we'd reset and have 3 more 15m levels to complete the cycle. Maybe just hindsight bias that makes it obvious however, I wasn't even thinking about that -- need to keep the 1h weekly cycle in mind when looking to trade. 3 15m = 1 1h = 1 day.
edit: before and after is the same -- didn't screenshot before
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 08-01-2025 03:54 - 08-01-2025 19:09
Trade Setup: 1-Day-Safety
Opening Balance: 4757.98
Closing Balance: 4929.24
Trade Result: $ 171.26
Trade Notes:
Was kind of a safety but with the 50/800 cross not the 50/200. Was off of level 1 just like you'd expect from a safety
edit: before and after is the same -- didn't screenshot before
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 06-01-2025 19:01 - 07-01-2025 01:45
Trade Setup: Undefined
Opening Balance: 4774.34
Closing Balance: 4757.98
Trade Result: $ -16.36
Trade Notes:
Can't remember details
edit: before and after is the same -- didn't screenshot before
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 5-12-2024 02:45 - 5-12-2024 04:30
Trade Setup: Undefined
Opening Balance: 4829.28
Closing Balance: 4774.34
Trade Result: $ -54.94
Trade Notes:
Can't remember details
edit: before and after is the same -- didn't screenshot before
15 Minute Chart - Before
1 Hour Chart - Before
15 Minute Chart - After
1 Hour Chart - After
Review
BTC/USD | 30-11-2024 16:51 - 30-11-2024 18:53
Trade Setup: Undefined
Opening Balance: 4933.47
Closing Balance: 4829.28
Trade Result: $ -104.19
Trade Notes:
Can't remember details
edit: before and after is the same -- didn't screenshot before