A Japanese University Student’s +$140 Trade at ATH

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Date: 4/16
Daily Bias: Looked for shorts since both indexes were at ATH
Market: S&P500 (more confluences) / NQ (EQ lows → more bearish, hard choice)

Confluence / Setup:

5 min BOS → 5 min EQ → 1 min IFVG

Target: 8.5 points
Risk/Reward: 1.62

Pre-Trade Idea:
Wasn’t planning to trade because markets were at ATH. However, I knew that there was going to be a move to the down side since there was more liquidity lying there.

P/L: +$138

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