One thing I look at, that is relevant this morning is session volume profile compared to session time price opportunity. Specifically the SVP point of control (POC) Vs the STPO POC. the STPO POC shows you where price spent the most time and therefore the price where buyers and sellers agreed the most - fair price. The SVP POC shows you at what price the most trading volume occurred. So what can you conclude from looking at these? If STPO and SVP POC both align, then there is likely less opportunity and it would be wise to wait for price to leave the value areas (VA) before trading unless you have a high conviction bias for the session. If there is disparity between the two, it makes the most sense to look for opportunities at the SVP POC, targeting the STPO POC. This is because the SVP POC is showing you where there is selling or buying pressure, and the STPO is showing you where the balanced market is likely to be found. Good morning :)

Using STPO makes it easier to have a more objective perspective on time in relation to the market. When you look at candles you're obviously also looking at time, but consistent interpretation can be easier said than done.

Also, I'm using the Tradingview volume footprint chart at the moment for the candle volume delta. I find this easier to read than the SVP delta mode - it gives me a value for buys-sells. So I can see when there is a large candle with a small delta or vice versa - This provides good perspective on whether there is likely to be further follow through or reversal on a given move. It's not the most accurate data but it's what I've got at the moment.

This mornings trades.

News this afternoon. Not trading between 10:00 and 14:00. Going to give it room.

Week in Review
Monday
2 wins
1 loss

Tuesday
5 wins

Wednesday
1 loss
1 break even
3 wins

Thursday
1 win
3 losses

Friday
1 win

12 wins / 5 losses
Delta +7
Winrate - 70.59%
Avg R:R - 1:2

Notable good day on Tuesday. And notable losses on Thursday. Thursday had a divergence that spanned a huge price range after the news. Too far for me to hold through with sensible tolerance. My mistake was both re-entering and layering in at subsequent lows as the divergence continued, rather than cutting my single loss and waiting or calling it a day. Next time - one trade post news. If its a loss, call it done for the session.

Protection over Profit - loss prevention is more profitable over time than higher risk, profit acquisition (attempts).

Saw this yesterday. Applied to trading it's very accurate. Correctly identifying where you are within this isn't always clear cut. What is clear cut is that there are no results unless you are consistently executing.

Trump said stuff yesterday afternoon, so that made for some big and unpredictable moves. Reset the market a bit. Let's see if this morning brings any fish to fry 🎣 https://www.youtube.com/watch?v=ZLAOzX3zTZY

https://www.youtube.com/live/KHowBACTiTo?si=QJ5vh8Wry07LHweF Fresh eyes, liking the look of the current scenarios.