March 12th - Daily Trade Plan - 8:35am
*Before reading this trade plan, if you did not read yesterday's take the time to read it first! (You can view the posts in the related publication section) *
If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!
My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
** NOTE - If you trade before I write out my daily trade plan. You can look at the prior days chart and 9/10 the levels already pre-planned out are still being respected. **
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Yesterday we finally broke below the 6763 level. Our current micro range is the Overnight High of 6758-60 and the Overnight Low is 6705. There are 2 micro level reclaims inside this range that can be tricky to grab points. 6717, 6731, 6742. It would be easier to wait for the reclaim of 6758 or a flush and reclaim of 6731. 6795 is the highest quality flush and reclaim.
Key Levels Today
1. 6705 - Flush & Reclaim (Could be 6699)
2. 6717 - Flush & Reclaim (Micro Level)
3. 6731 - Flush & Reclaim
4. 6742 - Flush & Reclaim (Micro Level)
Below here and we will most likely be selling off, and I would be waiting on one of the following levels to build a base. 6645, 6626. 6590.
I will post an update around 10am EST.
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Purple = A Weekly Low (Current or Previous Week)
Blue = A previous day low (Day before or day in the past week)
Red - Overnight Session High/Low (Prior to my post)
White = Key Support/Resistance Levels
*Before reading this trade plan, if you did not read yesterday's take the time to read it first! (You can view the posts in the related publication section) *
If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!
My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
** NOTE - If you trade before I write out my daily trade plan. You can look at the prior days chart and 9/10 the levels already pre-planned out are still being respected. **
--------------------------------------------------------------------------------------------------------
Yesterday we finally broke below the 6763 level. Our current micro range is the Overnight High of 6758-60 and the Overnight Low is 6705. There are 2 micro level reclaims inside this range that can be tricky to grab points. 6717, 6731, 6742. It would be easier to wait for the reclaim of 6758 or a flush and reclaim of 6731. 6795 is the highest quality flush and reclaim.
Key Levels Today
1. 6705 - Flush & Reclaim (Could be 6699)
2. 6717 - Flush & Reclaim (Micro Level)
3. 6731 - Flush & Reclaim
4. 6742 - Flush & Reclaim (Micro Level)
Below here and we will most likely be selling off, and I would be waiting on one of the following levels to build a base. 6645, 6626. 6590.
I will post an update around 10am EST.
----------------------------------------------------------------------------------------------------------
Purple = A Weekly Low (Current or Previous Week)
Blue = A previous day low (Day before or day in the past week)
Red - Overnight Session High/Low (Prior to my post)
White = Key Support/Resistance Levels
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.