Context & Disclaimer
**This recording is a personal trading journal for self-reflection and review, not trading or investment advice**
Trading Philosophy & Journal Purpose
– Core approach: supply/demand + context — keep it simple
– I don’t force trades against what price is doing; I adapt
– This is a personal journal for friends/family to understand my process — not trade advice
– Recommended free resource for ICC: Trades by Sci
Action Items
– Set price alerts for Bitcoin to avoid missing future setups
– Post market update announcing exited positions and waiting stance
– Monitor EUR/USD: alert at 1.166 for potential correction entry; bullish level at 1.1703
– Watch AUD/USD 4H for a break-and-retest below the swing low to consider sell entries
Overall Position Status
– All positions exited; price is behaving unusually and I’m expecting a pullback/correction across multiple instruments
– Profitable week overall; I’d rather lock in gains than risk a reversal
– Current stance: wait for confirmed corrections before re-entering anything
DXY (Dollar Index / Dixie)
– DXY broke a key level as anticipated → leaning toward further downside
– Watching for a revisit to lower levels / prior support
– A significant DXY move can translate to several hundred pips on EUR/USD
EURUSD
– Waiting for a correction before re-entering long (and I may trade the correction down)
– Alert placed at 1.166 (“correction, check?”); bullish re-entry level at 1.1703
– Price stalling 1–2 days after a strong bullish push = sellers fighting back / buyers losing interest
– Exited position; waiting for confirmation before re-engaging
XAUUSD
– Price ran into an untouched daily swing (“black level”) and rejected with a strong wick
– Key resistance: 4,569.26 (repeated historical tests with strong seller rejection)
– Exited with +1.76% profit on the move up
– Expecting a return to lower demand before a sustainable rally; waiting for the demand zone tap before re-entry
AUDUSD
– Entered around 0.7D64 off supply/demand; exited for strong profit
– Price hit a strong daily supply zone (drop-base-drop) and reacted (similar dynamic as Gold)
– Expecting a pullback to lower daily levels
– 4H structure: HL (bullish) → HH (bullish) → LH (bearish) = bearish signal at resistance
– 4H plan: break below swing low → pullback/retest → second break = consider sells; target = origin of prior move
Bitcoin (Missed Opportunity)
– Called the setup Aug 9th around $78,754; entered and got stopped on a pullback
– Demand zone held and price later triggered overnight — missed the move due to no alerts
– Lesson: always set alerts when instruments are at key levels of interest, especially NAS100, XAUUSD, & BTCUSD, even when not actively managing that trade