Hi traders .
ANother short play its developing My first entry Is 7573. You have TP zones on there . This one i will take profits on t1 and look for potential bounce . Happy trading
ANother short play its developing My first entry Is 7573. You have TP zones on there . This one i will take profits on t1 and look for potential bounce . Happy trading
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Conformation shoot .
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current status .
Another auction on the top of the range we moving in . I see lots of market buys on MEx on DOM . Keeping my positions open and potentially adding another one on the top but I will be watching how much MEX its going to push up . In my opinion all they do its accumulating long positions to liquidate them . Falling knife will come .
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another short added at 7750 .
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Taking some profits here at 7200 .
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Locking profits of on added trades from the bounce . at 7140 i think we will have some bounce here people will probably buy the dip . Looking for potential bounce to low or mid 250s . where i will add more positions . Target remains the same .
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Short Positions I have waiting are at 7244 and 7290 . 7320 . Target 6870 . But in same time we can take this all the way down . Where I have set Tp for remaining positions ,
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All position are filled we are currently at ~ 7470 . I dint expect to this to go that hard up but its all good . Tons of shorts are still at upper level In mid 7700 where I have additional position sitting . Im thinking we might come back to that current high first before going down and follow my strategy ,
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Closed all my positions at 7165 .
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Bart as I was waiting for . I don't know if anyone saw this . Momnet we closed US markets we dumped . another great profits locked . Lets go moon boys push higher .
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Placing short positions 7500 . 7600 . 7750 . .
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@horseandhound, you know the system at this point , here is my screen shot .
On left you see we have one running . so you have the conformation , BUT . as you can see or right the thick red line its the thick order book of shorts still waiting to be filled . I believe that we will go and fill them . with that in mind US markets will open as well witch to my observations they are pushing the price up . just like they did yesterday witch I posted with you and also in my comments , Moment market closed we did collapse . So my strategy on this its simple . I have order waiting little bellow current high i did remove all other orders for now because I think we can actually go higher then yesterday with will create total chaos with traders and make them go long on the top . And then liquidate them because we know we ;) coming back to the auction level . You can see what happen yesterday . Big green box on the top right are buys . many of the little ones red are sells ., people are buying the top and sell the bottom its exactly what retail does . For now I have no positions open only nice profits from that same range we are moving in ,. My only one position it short at 7680...
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Locking some profits at 7180 from 7600 short that I enter . Keeping shorts form 280 level . I don't see major selling pressure therefor small upside can happen witch is kind of speculation . I don't think it will happen but if it does I will add another short . Locking profits its what this game its all about .
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Classic view . 4H Funky zone here , looks like its trying to maybe push up but Its hard to say it . You got my target you saw what happened and how everything its playing out .
Trade closed: target reached:
TA DA .
Comment:
All positions are closed at level seen on the chart . See you next time .
