News Today:

Notes about Today:

• Was ready to sit on my hands today as I did not see any good setups at 9-10, but going into the 10am 4h candle, noticed price pushing into 1h SIBI, and there we found our setup, SMT w ES, 1h PDA 5m CISD, entered on 1m inversion with SL on the swing point high.
• Targeted local liquidity on sellside, but was originally thinking we could push for PDL. Entered with two micros, got stopped out at first tap into IFVG, but then price created an SMT.

1m Time Frame & Executions:

1H Time Frame:

2PM Session

• Liked that small SMT with ES, so again took only two micros here for low risk, and still took profit at TP1. Everything was there besides price being inside a HTF PDA, we were sweeping liquidity though, so that’s I used as a confluence here for a bounce, plus time: ~2:30. When I was backtesting hourly candles, I noticed a lot of time these reversals happen at this time.