I lost 2% straight on my challenge and 1.5% on my Live account

We can another mistake as they were a news coming at 9am at the UK parlement

Finally waited patiently and started to count waves and look for confluence.

This a A+ setup for me:

When you have a blow off top followed by 5 waves down (picture) then there is very high likelihood that another impulse down will show up (wave C or Wave 3)

Now looking for a 10R Swing down.

This a good case study while BITCOIN is doing absolutly nothing today.

Double impulse that form an ABC and went closed to the 78.6% level

Volume IMBALANCE usually gets filled. This is a new concept covered by ICT (The Inner Circle trader) on Twitter or Youtube. That was a 4h Volume imbalance not a Daily

This me going crazy on my other chart (I always have 2 charts opened for the asset) to count waves down to the 1m for this A+ setup.

Let's see if it plays out.

This was my analysis this morning.

I did put an ALERT into the BLUE BOX but instead I played it differently. I played the small expected drop instead on the picture. It ended up being painful at the end.

Small mistakes in trading happen all the time. But making big ONES could end up being costly or even worse destroy your entire balance.

Even experienced traders could do big mistakes.

https://www.youtube.com/watch?v=Z53E0vmDKZE&t=322s&ab_channel=UmarAshraf

Here is a well known High stake trader showing showing big mistakes on big mistakes for the start of the year. I'm sure you know him as I much as I do but it can really happen to everyone.

I'm not going to take any more trades today.

Sniper mode on

I didn't want to trade really. I was monitoring my FTSE position.

I got stopped out in profits but I'm fuming because I was $500 away to pass the 200k FTMO challenge.

So I went up to 19.5k profits before the position going back against me 7k.

This is a bad feeling trust me.

This is how you can literally go on TILT right after that. Thanks Powel