r/u_NeighborhoodSpare917

Today I took a trade on NQ1! with the 5m ORB strategy. Had a trendline break for extra bullish confluence, got in at the 0.3 fib and put my stop at the 0.7.
Price was between the VWAP and EMA though, which isn’t a great spot to be honest. No real confirmation either way, so I just took the small win and got out. Didn’t want to sit around and watch it fade back on me.
Takeaway for next time is to wait until price is clearly on one side of the VWAP or EMA. Trading in between those two is just trading in uncertainty. Small size and quick hands is the move there, which I did, but I want to be more intentional about it going forward.​​​​​​​​​​​​​​​​

Ezi

Ps:This whas ny open yesterday

Good setup honestly. Price was above EMA200 and VWAP, bullish bias was there, fibs were clean. I just jumped in way too early at the 0.3 fib while price was still chopping around inside the range. Classic me anticipating the move instead of waiting for confirmation.
Frustrating part is my direction was completely right. Price did exactly what I expected, just tested my patience first. If I had waited for a clean close above the ORB high, or even better a retest of it, I would’ve entered with way more confidence and a cleaner risk.
The trail habit I’m building is good though. I just need to remember to move to breakeven after +10-15 points and then trail on swing lows. That spike to 27.927 dumped fast, so without a trail I would’ve given it all back anyway.
Right idea, wrong timing. Work in progress.​​​​​​​​​​​​​​​​

Ezi

Ps: My full strategy is posted in my discord. Do you want it posted and pinned here?

It was 15:45 and I thought I had it. NQ1! above the EMA, above the VWAP, levels looking clean. I entered at 29,238, slapped my stop at 29,176 and set my target at 29,362. Nice 2:1. Leaned back, felt good about it.
What I missed was that the EMA was going nowhere. Flat. No slope, no momentum, just price chopping around above it. The bulls tried to push through the ORH twice and got rejected both times. I told myself the breakout was still coming.
It wasn’t.
At 16:00 the market just dropped. Red after red, straight through my entry, straight through my stop. Sixty-two points gone in minutes.

Next time I wait for the setup to be obvious, not just good enough. 📈​​​​​​​​​​​​​​​​

Bad start of the week🫠

Ezi

Price was already below VWAP with a clearly declining EMA bias was obvious. I waited for the pullback into the golden zone, 0.618 to 0.786 fib, with the 1.0 at 29,267 as my stop.
After a rough week I only wanted a trade that checked every box. This one did. I shorted the pullback, the breakdown followed, and price pushed all the way down to 29,120. No forcing, just waiting for the zone and letting it play out.​​​​​​​​​​​​​​​​

Ezi