NQ recap (NY PM session):
NASDAQ-100 swept liquidity above H1 highs → retracement with bullish HTF bias.
Waited for LTF confirmation (BPR / iFVG) + SMT with S&P 500 → short on M5 retest.
Execution mistakes:
SL not placed above structure
TP too ambitious (missed OB + FVG below)
Model was valid. Execution wasn’t.
Week: -0.12%
Plenty of room to recover.
NASDAQ-100 swept liquidity above H1 highs → retracement with bullish HTF bias.
Waited for LTF confirmation (BPR / iFVG) + SMT with S&P 500 → short on M5 retest.
Execution mistakes:
SL not placed above structure
TP too ambitious (missed OB + FVG below)
Model was valid. Execution wasn’t.
Week: -0.12%
Plenty of room to recover.
Long entry on EURCAD at 1.6015 from a key support area following a corrective pullback.
The overall context remains mixed, with some higher timeframe bearish elements, but in the short term:
Clear reaction from the 1.59–1.60 demand zone
Short-term structure starting to build (potential continuation)
Liquidity target resting around the 1.62 area
Setup:
Entry: 1.6015
Stop Loss: 1.5962
Take Profit: 1.6212
The idea is to capitalize on a corrective move into higher timeframe supply before any potential bearish continuation.
Invalidation below 1.5960.
The overall context remains mixed, with some higher timeframe bearish elements, but in the short term:
Clear reaction from the 1.59–1.60 demand zone
Short-term structure starting to build (potential continuation)
Liquidity target resting around the 1.62 area
Setup:
Entry: 1.6015
Stop Loss: 1.5962
Take Profit: 1.6212
The idea is to capitalize on a corrective move into higher timeframe supply before any potential bearish continuation.
Invalidation below 1.5960.
📊 Weekly Trading Recap (Apr 20–24)
50% win rate… still negative.
That’s what happens when losses are bigger than wins.
FundedNext Phase 2: -2%
EURCAD still running.
Topstep: -1.1%
Nothing broken. Just execution to refine.
Next week → precision mode.
50% win rate… still negative.
That’s what happens when losses are bigger than wins.
FundedNext Phase 2: -2%
EURCAD still running.
Topstep: -1.1%
Nothing broken. Just execution to refine.
Next week → precision mode.
Gold is currently in a technical pullback, but the overall structure remains clearly bullish.
Smart money (COT) continues to accumulate long positions, while retail is already exposed → a further shakeout phase is still possible before the real move.
Key zone: 4,600–4,650
As long as this level holds → continuation scenario toward 4,850 / 5,000 / 5,400
I’m not chasing price.
I wait for structure, then execution.
Smart money (COT) continues to accumulate long positions, while retail is already exposed → a further shakeout phase is still possible before the real move.
Key zone: 4,600–4,650
As long as this level holds → continuation scenario toward 4,850 / 5,000 / 5,400
I’m not chasing price.
I wait for structure, then execution.
EURUSD remains structurally bullish.
After the impulsive move from 1.14, price is now pulling back inside a corrective channel, this looks like a classic continuation phase, not a reversal.
COT data confirms institutional accumulation, while retail traders are heavily short (70%), creating a strong contrarian signal.
As long as 1.15 holds, I’m expecting continuation towards 1.18 and potentially higher.
After the impulsive move from 1.14, price is now pulling back inside a corrective channel, this looks like a classic continuation phase, not a reversal.
COT data confirms institutional accumulation, while retail traders are heavily short (70%), creating a strong contrarian signal.
As long as 1.15 holds, I’m expecting continuation towards 1.18 and potentially higher.
GBP/USD is currently in a very interesting spot.
COT shows strong institutional shorts, retail is also heavily short (69%), but price is still pushing higher after reclaiming demand.
This kind of imbalance often leads to short squeezes before any real downside.
Key level to watch: 1.3350–1.34
If it holds → continuation higher
If it breaks → shift to bearish bias
Not a market to chase.
Wait for reaction.
COT shows strong institutional shorts, retail is also heavily short (69%), but price is still pushing higher after reclaiming demand.
This kind of imbalance often leads to short squeezes before any real downside.
Key level to watch: 1.3350–1.34
If it holds → continuation higher
If it breaks → shift to bearish bias
Not a market to chase.
Wait for reaction.
Weekly update:
Topstep: -0.45% (DD -1.53%)
FundedNext: -1.12% (DD -3.29%)
Not the best week, but everything still under control. No rule breaks, just a tougher market environment.
Topstep: -0.45% (DD -1.53%)
FundedNext: -1.12% (DD -3.29%)
Not the best week, but everything still under control. No rule breaks, just a tougher market environment.
WEEKLY MACRO (RECAP + OUTLOOK)
Last week was all about central banks and mixed US data.
Fed, BOE, ECB → no real shifts.
US data → weaker GDP but still resilient labor.
Result: no clear direction, just reactions.
We’re not in a trending macro environment right now.
We’re in a data-driven, liquidity-driven market.
Now looking ahead:
RBA, US PMI + JOLTS and NFP.
NFP expected 60K vs 178K previous → market is pricing a slowdown.
This is key.
If confirmed → USD weakness
If not → strong squeeze
Last week was all about central banks and mixed US data.
Fed, BOE, ECB → no real shifts.
US data → weaker GDP but still resilient labor.
Result: no clear direction, just reactions.
We’re not in a trending macro environment right now.
We’re in a data-driven, liquidity-driven market.
Now looking ahead:
RBA, US PMI + JOLTS and NFP.
NFP expected 60K vs 178K previous → market is pricing a slowdown.
This is key.
If confirmed → USD weakness
If not → strong squeeze
📈 AUD/USD – Institutional Bullish Continuation
AUDUSD continues to show a very strong bullish structure both technically and from a positioning perspective.
Latest COT data confirms aggressive institutional accumulation on AUD, while retail traders remain heavily short (82%), a classic contrarian bullish signal.
Technically, price is consolidating above the breakout structure while holding the daily imbalance zone around 0.7140–0.7100.
As long as the market remains above 0.7100 on a daily basis, the continuation scenario toward:
🎯 0.7280
🎯 0.7400
AUDUSD continues to show a very strong bullish structure both technically and from a positioning perspective.
Latest COT data confirms aggressive institutional accumulation on AUD, while retail traders remain heavily short (82%), a classic contrarian bullish signal.
Technically, price is consolidating above the breakout structure while holding the daily imbalance zone around 0.7140–0.7100.
As long as the market remains above 0.7100 on a daily basis, the continuation scenario toward:
🎯 0.7280
🎯 0.7400
🌍 Weekly Macro Report
🇺🇸 US labor data stayed resilient last week, supporting the USD despite softer wage growth.
🇨🇦 CAD weakened sharply after poor employment numbers.
🇦🇺 AUD held stable following the RBA decision.
🇳🇿 NZD remained under pressure after soft labor data.
🔥 Main focus next week:
US CPI (Tuesday)
US PPI (Wednesday)
UK GDP (Thursday)
US Retail Sales (Thursday)
The CPI release will likely define direction across:
✔️ USD
✔️ Gold
✔️ Equities
✔️ Bond yields
🇺🇸 US labor data stayed resilient last week, supporting the USD despite softer wage growth.
🇨🇦 CAD weakened sharply after poor employment numbers.
🇦🇺 AUD held stable following the RBA decision.
🇳🇿 NZD remained under pressure after soft labor data.
🔥 Main focus next week:
US CPI (Tuesday)
US PPI (Wednesday)
UK GDP (Thursday)
US Retail Sales (Thursday)
The CPI release will likely define direction across:
✔️ USD
✔️ Gold
✔️ Equities
✔️ Bond yields
📊 Weekly recap:
FundedNext Phase 2:
🔻 -3.3%
No FX CFD trades this week. Staying selective.
Topstep Challenge:
🔻 -1.12%
Only 1 trade executed:
✅ +0.4% on NQ
FundedNext Phase 2:
🔻 -3.3%
No FX CFD trades this week. Staying selective.
Topstep Challenge:
🔻 -1.12%
Only 1 trade executed:
✅ +0.4% on NQ
📈 EURCAD Analysis
I’m currently watching a potential bullish recovery structure developing on EURCAD after the recent CAD weakness.
Main confluences:
✔️ weak Canadian employment data
✔️ bearish retail positioning on EURCAD (88% short)
✔️ higher timeframe demand reaction
✔️ CAD COT positioning softening
✔️ ascending structure holding above 1.5900
As long as price continues holding the current structure, I’m watching for a possible continuation toward:
🎯 1.6230 — 1.6350 liquidity zone.
I’m currently watching a potential bullish recovery structure developing on EURCAD after the recent CAD weakness.
Main confluences:
✔️ weak Canadian employment data
✔️ bearish retail positioning on EURCAD (88% short)
✔️ higher timeframe demand reaction
✔️ CAD COT positioning softening
✔️ ascending structure holding above 1.5900
As long as price continues holding the current structure, I’m watching for a possible continuation toward:
🎯 1.6230 — 1.6350 liquidity zone.
EURGBP is starting to become very interesting again from a macro and positioning perspective.
GBP futures remain heavily short on the latest COT report, while EUR positioning continues to hold relatively strong. Combined with bullish May seasonality and price reacting from a major daily demand zone, the pair may be preparing for a medium-term bullish reversal.
I’m still watching for a possible liquidity sweep below current lows before expansion higher, but overall the structure is starting to shift.
Key upside zones:
• 0.8680
• 0.8720
• 0.8745
• 0.8780
GBP futures remain heavily short on the latest COT report, while EUR positioning continues to hold relatively strong. Combined with bullish May seasonality and price reacting from a major daily demand zone, the pair may be preparing for a medium-term bullish reversal.
I’m still watching for a possible liquidity sweep below current lows before expansion higher, but overall the structure is starting to shift.
Key upside zones:
• 0.8680
• 0.8720
• 0.8745
• 0.8780
NZDJPY Analysis
NZDJPY is currently testing a major daily supply zone while seasonality and COT data continue to favor JPY strength over NZD weakness.
Key confluences:
Daily premium pricing area
Descending macro trendline resistance
Bearish NZD futures positioning
Improving JPY positioning
As long as price remains below 95.00, I still see potential for a bearish rotation toward:
92.20 → 91.80 → 91.20
Watching closely for lower timeframe confirmation before execution.
NZDJPY is currently testing a major daily supply zone while seasonality and COT data continue to favor JPY strength over NZD weakness.
Key confluences:
Daily premium pricing area
Descending macro trendline resistance
Bearish NZD futures positioning
Improving JPY positioning
As long as price remains below 95.00, I still see potential for a bearish rotation toward:
92.20 → 91.80 → 91.20
Watching closely for lower timeframe confirmation before execution.
GBPCHF is currently respecting a bullish ascending structure after sweeping liquidity from the lows and reacting strongly from the higher timeframe demand zone.
Main factors I’m watching:
higher lows still holding
bullish trendline respected
clean reaction from support
corrective pullback structure
liquidity resting above the highs
Retail positioning remains heavily long, so I’m staying cautious, but technically I still favor upside continuation while price remains above support.
Main levels:
1.0660 → 1.0720 → 1.0760
Main factors I’m watching:
higher lows still holding
bullish trendline respected
clean reaction from support
corrective pullback structure
liquidity resting above the highs
Retail positioning remains heavily long, so I’m staying cautious, but technically I still favor upside continuation while price remains above support.
Main levels:
1.0660 → 1.0720 → 1.0760
NASDAQ PM session recap 15-05-2026📊
Only traded the NY evening session today on my Topstep account.
Closed the day +0.4% ✅
I’m happier with the read than with the execution.
The initial liquidity sweep after NY PM open offered a very clean first-stage setup, but I came into the session mentally biased and noticed the quality of the move too late.
Later, price created another schematic exactly as expected.
Problem was: I was at the gym, alerts weren’t set properly, and I entered while the market was already moving fast.
Probably captured only 50% of the real move potential, but the important part is that the read was correct and risk stayed controlled.
Only traded the NY evening session today on my Topstep account.
Closed the day +0.4% ✅
I’m happier with the read than with the execution.
The initial liquidity sweep after NY PM open offered a very clean first-stage setup, but I came into the session mentally biased and noticed the quality of the move too late.
Later, price created another schematic exactly as expected.
Problem was: I was at the gym, alerts weren’t set properly, and I entered while the market was already moving fast.
Probably captured only 50% of the real move potential, but the important part is that the read was correct and risk stayed controlled.