Trade Recap and Weekly Outlook Overview

Opening Drive Play Clarification

Focuses on higher time frames and clear trends for predicting gap-and-goes or gap fills.
70% of the time, gaps will fill within a 48-hour period, especially in choppy or consolidating markets.
In a clear uptrend, gaps may remain unfilled, showing strong momentum.
Lately, due to market consolidation, the strategy leans towards expecting gap fills over unfilled gaps.

AMD Puts Trade: Highlighted a successful trade based on order blocks and market momentum.
Nvidia Attempted Shorts: Less successful due to lacking follow-through and clear momentum.
Tesla Puts Trade: Unsuccessful, highlighting the challenges faced with changing market momentum and unexpected reversals.
General Strategy Notes: Discussed the importance of respecting higher time frames, market condition awareness (consolidating vs trending), and adaptability in trade strategies.

Emphasized the significance of understanding order blocks for identifying high-probability trade setups.
Discussed how to distinguish high probability order blocks based on confluences like key levels, fair value gaps, and liquidity.
Explained the difference between immediate retests (aggressive entries) and more established retest patterns.

Provided insights into market conditions, focusing on choppy markets leading to a preference for gap fills over gap-and-goes.
Specified how recent trading weeks demonstrated the need to adapt trading strategies to market conditions - from seeking liquidity to rebalancing price due to market consolidation.

The session wrapped up with a reminder of the importance of adapting to market conditions, understanding the technical basis for trades, and continuing education through reviewing past trading sessions and weekly outlooks.