Trade plan and Price action review: (Price action) The day opened right at the value high of the previous day. The context and structure was bullish going into the session. Buying came in and we traded higher throughout the day in a slow chopping manner with small rotations at my resistance levels. The market didn't offer any opps for me today so i had no trades.
(Trade plan) My plan was to be bullish today and i said if we break above the 1279s area it would confirm the buyers in control and i would look for higher prices which is what we got. I was to only wait for solid set ups and none came around so i didn't trade.
Trades review: (Hypothetical) see charts
(Actual) None
Conclusion of the day and thoughts going forward: Today was pretty boring and im sure there will be more of them days coming ahead due to summer trading. i was waiting for solid set ups because the market is in a tough spot here and is trying to work out which way it wants to go. My trade plan was in line with the market scenario today and it provided a great guideline to the day's action. My levels were good as well and i was happy with the reactions i got in my areas. The only opp i saw to get long this morning was the retest of the trend line that broke in globex session just before the market opened. It was also a rejection of the OS low that was the signal to get long with the responsive buying below the OSL.
BSO Points for the day: 0
Winners: 0
Losers: 0
Scratches: 0
Grades for the day:
Following my plans: A
Following my rules: A
Emotions in check: A
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