🔸Phase 1:
Backtesting From 2023/05/15

🔹Trade #1
🔸Setup : LQ-EM3 (Flip Inducement)
🔸Entry Type : CE

🖋Notes:
-I’ve traded the internal structure

⭐️Lessons:
- Respect to EMs and the strategy
- Always take the PBL’s Reaction, If it wasn’t any, Choose the Extreme

🔹Trade #2
🔸Setup : LQ-EM1
🔸Entry Type : CE

🖋Notes:
-I’ve traded the internal structure
- Price moved far away from my limit order, So I should’ve canceled it

⭐️Lessons:
-If price moved away from your entry zone, Cancel the order

🔹Trade #3
🔸Setup : LQ-EM1
🔸Entry Type : RE

🖋Notes:
-No CHoCH, So even internal structure didn’t shift in favor

⭐️Lessons:
-The M15 POI and it’s refined POI might be the inducement of the previous mitigated M15 POI
-We had no CHoCH so it was obviously so risky

🔹Trade #4
🔸Setup : LQ-EM4 (POI Sweep)
🔸Entry Type : CE

🖋Notes:
-Sweeping LQ of inducement + CHoCH + PBL failure saves and filters me from entering orders. Always try to use pivot PBL. If we hadn’t any contrary zones ahead, target the EQ or the edge of the nearest contrary zone (Risky)

⭐️Lessons:
-Try to take the obvious PBLs which are pivots (Maybe is can be considered as orderflow). Choose fractal ones only if it wasn’t any.
-Once we have a series of mitigation of a Supply/Demand chain, more often it can be target for LQ sweep:
-Since we hadn’t any supply zone ahead, the EQ of the swing zone could be targeted:

🔹Trade #5
🔸Setup : LQ-EM4 (POI Sweep)
🔸Entry Type : CE

🖋Notes:
-Shorting from discount of M15 swing is so risky.

⭐️Lessons:
-Selling from discount are is so risky, even if it was PT of 4H and M15 structure

🔹Trade #6
🔸Setup : LQ-EM4 (POI Sweep)
🔸Entry Type : CE

🖋Notes:
-Shorting from discount of M15 swing - Bad trade management

⭐️Lessons:
-I had chance to BE but I didn’t do that, cause I thought it was a good POI so it will push the price down.

🔹Trade #7
🔸Setup : LQ-EM3 (Flip IDM)
🔸Entry Type : CE

🖋Notes:
-Bad time to enter a trade

⭐️Lessons:
-Bad timing. Don’t enter a trade during last hours of market.
-Once you enter a trade and price moved tricky, close the trade.