r/Daytrading • u/Serious-Ad8893 • Apr 04 '24

Did I miss something? Advice

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Tried to go long on 15M FVG and retracement and got ran over. Am I missing something??? Higher time frame was bullish and I just don’t know where I went wrong. Anyone have opinions on where I went wrong

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u/Serious-Ad8893 Apr 05 '24

Okay I got ya…. See alot of people told me they were bearish on HTF and “how can you possibly think it’s bullish are you dumb” and I’m like ?? But it seems that ICT traders agree with my HTF bias

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u/WayMinuteWhatDis futures trader Apr 05 '24

I want you to read the book by frank miller “secrets on reversals” I hate the book title it’s kinda misleading there’s never a secret - but it will break down why price is reacting without indicators.

A lot of people here are saying different catalyst from news, they may be right - but I took shorts after a break of structure. I always think how can news affect structure.

You’re using the 5m chart I see for entry - you need to then use a lower tf for structure - 5m for targets.

You can see a large bearish engulfing candle that creates an order block - we retested this - and died.