Basically it's a strategy used to track market structure on lower time frames and take advantage of early market shifts
HitBox is my trading strategy lol And this is my journal where I'm recording my trades and progress using it. Be nice please.
Hello sir. You are correct in that they are different. And even so, my strategy certainly works on both.
Wednesday Dec 4th Trade: NAS100 Nas being bullish, that's all I was looking to trade -- in that direction. Being at ATH is usually tricky but I spotted a nice ranged that formed and place a limit order for the breakout Reached TP1 pretty fast which was nice but of course when things seem to be good the market rears it's ugly face (its double faced - it has a pretty one too. lol) It's ugly face showed up as consolidation on the 5min TF. I marked with an arrow where a market shift and change of LTF direction would occur had it broke and closed below In the midst of that it also formed a nice demand zone on the 15min in which it could bounce from In which it did, as you can see back on the 5min TF without the close below my wick low And an hour later it went on to hit my TP2 that I always aim for first
You certainly seem unusually anxious, for a journal compiler, to stress how profitable it all is? Do more ET members join your “free Discord”, or perhaps more from the other forums where you post it all?
I'm not stressing that it is profitable. I'm simply stating that it is. Whats an ET member? Edit: Oh Elite Trader member, got it. lol
I'll compile my losses too. To have good results in the long game a journal has to be data driven in order to weed out errors. It can't be one sided.
this post is a joke, your trade strategy has no performance data, no data on number of trades per day, average profit per trade, examples of a single executed trade or even index traded. just a joke