No Trade · Choppy, No Clear Direction
October 29 — No Clear Direction, No Trade.
The lesson today: if you can't name the direction, you don't have a trade. The bias was to raid the highs, then go lower. The session chopped with no clear direction, so the reaction I needed after the highs never gave me a clean entry. No trade.
NO TRADEChoppyNo Clear Direction
Would You Have Taken It?
Here is what today needed. Would you have traded it?
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Clear direction — Choppy, no clear direction
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Reaction after the highs — The bias trigger was the reaction after the highs are swept. It never came clean
No clear direction, no trade.
The Plan Going In
Raid the highs, then lower · inside the Daily BISI
The plan was a run into the overnight high and 1H equal highs first, then lower toward the London low, overnight low and previous day low. Price was sitting inside a Daily BISI, so any short was A- at best and had to show the reaction first. The session chopped with no clear direction, so I sat out.
The Takeaway
Miss the trade before you force one.
Two no-trade days in a row can feel like you're falling behind. You aren't. It's 10x better to miss a trade than to force a bad one.
Watch For Tomorrow
Wait for the market to pick a side.
Let the session show which liquidity it's really after before you look for an entry.
Vol 1 · Class 1 — Liquidity →Your Turn
Choppy day: what's the first thing that tells you to sit out?
Answer in the Oraxis Discord. I reply to every one.
The Grade
No Trade
Choppy · no clear direction
Choppy · no clear direction
ResultNo Trade
SessionChoppy
DirectionUnclear
DailyInside BISI
Why Post Every Day
Wins, breakevens, and the days I sit on my hands all get posted. The record only means something if it's complete. No hype, just process.