https://www.youtube.com/watch?v=ieJSy4YsVgk

Summary:

The speaker is trading a short after a failed new-week opening gap. Key ideas and actions:

– Trade setup: sell short into the failed new-week opening gap with a stop just above the volume-balance/high; looking for a run down to the gap low and below as confirmation.
– Fair Value Gap (FVG) logic: a down-close candle creates a bearish FVG; if price closes above it the gap becomes an inversion (bullish use). It reverts to bearish only if price later closes back below the gap.
– Confirmation criteria: strongest bearish signal is price not returning to the upper half of the gap (or not touching it at all). Secondary: it returns to the gap low and then drops. Weak: it puts body in the gap but doesn’t close above. The trader wants a close below the gap/obsidian low to confirm momentum.
– Position management: take partials in a range environment, move stops to lock profits, reduce size if conditions change. The speaker reduced contracts and locked in profit (noting ~$5,640) and adjusted limit/stop orders to manage risk.
– Session context: London session had been trending; the 7–9am period was boxy/consolidating, so trades must be nimble and sized for range behavior until the 9:30 open when directional moves often resume.
– Trading philosophy/teaching: prioritize candlestick-based order-flow reading over complex indicators (volume profile, footprints); journal the rules and scenarios; be ready to take partials and adapt to session structure.

Overall: short idea after a failed gap, wait for a decisive close below the FVG/obsidian low for confirmation, manage risk with partials and tightened stops, and trade with session-context awareness.