I will be watching YM when it comes into the multi-week LVN. It also happens to fall right around the mid line of the regression trend as well. The LVN has not been tested and when it comes into this area I do expect a reaction. I will be trying to grab a bigger chunk of the move but these levels can be used for scalping as well. For confluence there is also a 4 Hr Demand Level that was broken on the way down and has been holding as resistance ever since. Watch the order flow when we come into this level. If the tempo is slow and lethargic, we will most likely make the rotation back down.
As always this is not Financial Advice, I am just sharing the trades I plan on taking for a few reasons, one to log my trades, 2) some accountability and documentation, and hopefully these Ideas help somebody to find some trades of their own. I would Love to see anybody elses Idea links in the comments. Happy Trading Everybody. Good Luck this week
As always this is not Financial Advice, I am just sharing the trades I plan on taking for a few reasons, one to log my trades, 2) some accountability and documentation, and hopefully these Ideas help somebody to find some trades of their own. I would Love to see anybody elses Idea links in the comments. Happy Trading Everybody. Good Luck this week
Trade closed manually:
Closed for 100 tick winner. Wasnt seeing the strength I wanted to see in the order flow to hold for the full Target!
1.78/1 R/R
1.78/1 R/R