London Session Trade Recap: Liquidity Sweeps and a Long Entry

Hello, guys. The-- I just want to just do a quick trade recap of today's trade on London session that I took.

Firstly, price opened up on a daily, manipulated higher, dumps trade lower.

We took out the previous day's low and still have an, mm, new weekly opening gap here, an H4 gap here, an H1 gap here.

So ton of liquidity above. Don't really want a short 'cause I don't have any targets down below and it draws on liquidity.

So first we look for the draw on liquidity, and then after we look for entry and other stuff.

So we have this very low gap on the H1 on Asia session and dropped lower.

Swept previously hourly low, rallied higher, closed above the previous cand- previous candle high.

Then this confirms as a C two Y. Swept previously, uh, previously hour low, displaced higher, displaced higher with a very thick body candle, which I would like.

Then after this was closed, like two AM for three AM on New York sess-- on London session, I'm trying to look to long.

Where? To the daily gap here.

So got on one minute. You can see price swept that low at hourly low, consolidated a little bit.

Res- uh, swept this low, displaced higher.

Swept this low, displaced higher. I could have entered this, but, uh, I-- it wasn't off trading hours, out of session since I don't trade Asia or out of session, just L- uh, London and New York AM session.

So we can see price on London drop-- uh, dumped straight lower and then consolidated a little bit, which was not so ideal, but yeah.

You can see price now swept this low. I could have entered here if you saw some displacement, not like these candles, which doesn't really support expansion.

Then you can see price swept this low.

Closed with thick body candles which I had planned out before going out since I had planned out this trade for long in on London session, but I was out and was on my phone.

I could have entered here on this, uh, hmm, candle close.

Stop at the low. Targeting where? Daily open. This gap for four point three R. This was my breakeven point, but I wasn't on my PC, so I didn't enter.

So this was my entry since we confirmed this.

Uh, the one thing I don't like about it is because we're kind of bit consolidating like here.

Don't want really to see. I want like m- maybe a smaller consolidation, a sweep at the low, displace higher, and then enter.

So got this single confirmation which is required, which, uh, David from SCN Capital told me.

Entered here. My breakeven point was London highs and my take profit was at the daily open.

Price fucked around a bit.

Got at my breakeven level. I went here breakeven, so my s- my-- this trade was risk-free.

And the next candle was an expansion which occurred on the four AM candle New York time, London session.

Now, one thing I don't like is this consolidation, and the second thing is that I entered on the, uh, hourly candle closes.

Ideally, I want to enter like on the hourly open in the first hourly minutes open, uh, which will provide the expansion.

So overall, pretty good trade in my opinion.

Got my piece of the cake on London. Took also a trade on AM session.

The-- Sorry, two trades on AM session. One partial loss and one, uh, win for two R, which I am very close to passing my first funded challenge with, uh, futures, which I really like.

And thank you guys very much for tuning in.