Matic has a Bearish ABCD at the Daily Open and is showing a Bearish Divergence on the Volatility Indicators, it may be setting up for a BAMM to the 78 Cent Area.
If we get back near the daily opening price I'll take a partial on the buy setup and just leave the rest of the Buy and Sell in. Up and down day, we've swung 700+ pips 3 times so far today. Took Partials on both of the setups and leaving the rest in with the stops in profit.
News release dropped us but no clean entry until you get down to the 1m chart. Missed this drop but I'm okay with that. NAS is driving the charts today so far and not a lot of orders have come in on SPX so far. I'm going to sit on this for now until I see something heavy on the bid or ask before I do anything this morning.
So far no new entries on anything today and I'll probably leave it that way. We have had a confirmed response to the +OB and the +FVG after opening up the week to the downside. That said, we are still heavy and holding within a range (3704.10-3657.90) for now. 10:00am USD FOMC Member Collins Speaks 4:00pm USD FOMC Member Mester Speaks These two news...
We got a sell off at the end of the day to close out today. Just before the close, we had an order to the down side of over 70k between the daily open, the -FVG(L) price 3790, and a small -OB At the level we saw definite follow through from that point on and near the daily lows at 3748.50
Trading inside yesterday's move up and near the weekly opening price. Currently inside a 15m+FVG on no volume so I'll be paying attention to this area for the time being. The times and sales and level 2 aren't showing anyone big trading for now, so we wait. I'm neutral to bullish for the short term but if we trade near the daily and the 15m-FVG and reject, I...
Hypos on SPX: 1. Primarily looking to see if price pushes into the D-FVG to fill the imbalance and continue to push down. As it stands there hasn't been much movement and price is hanging just below the FVG(L) by about 10 points. Also we've traded in a about a 25 point range and that's about it all night with the opening sitting at about 50%. 2. Second hypo,...
GOLD PULLING BACK here we go baby lets watch it range and then poossible breakout to upside during london/new york/ Lets go
Hi guys made 2 good trades using this strategy for my entries - plot the daily open line on your charts and previous day close - base your entries using the break of the daily open line - use this strategy with other indicators : ex for me i use VWAP, 9 EMA 5min and pattern such as flag or triangle to time my entries intraday the best situation is when you...