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The last entry into this model at 71.1k is decent.
TP'd half and watching Powell speak...
Reviewing today...
It was still that pending order interference that disrupted the normal rhythm.
To summarize:
According to normal practice, 72.8k should have been a standard EU session volume expansion entry model + SFP. After I traded this entry, this SFP's second test should have broken and I should have let it go (if it comes down further, the false break becomes a real break).
(Result was right at the pending order range, so didn't exit this time)
(Image 1)
During the subsequent decline there were N instances of tens-of-seconds 100m volume, kept appearing but I didn't enter.
Because I had the first wave as today's momentum reference, these tens-of-seconds one-minute 100m volumes aren't the final move yet.
(Image 2)
The final one is 12-second 180m - relatively 2-3x faster and more aggressive volume insertion compared to before, so I re-entered at 71.1k...
(Image 3)
According to normal operation, I should only do these two trades on today's unidirectional move - that's the standard approach. First wave SFP gets broken into a real break, take a loss, identify the unidirectional trend.
Don't enter once the unidirectional move starts until it shows final exhaustion.
Until this 12-second 180m appears... then enter.
So why not trade the unidirectional trend following? Today I really couldn't see this downward wave able to carry that far. Otherwise the first wave wouldn't have waited for it to finish sweeping those pending orders before taking the loss.