Now that it is Tues day I'm waiting to see where price will stall out at and turn around. There is not much strength pushing price bullish and we have USD News for NY session coming up. Monitoring for signs that the bears want to take control and push price down. But also trying to remain aware incase anything happens to change my bias.
Reviewing what happened with last week and whats possible this week. Going to let Monday Play out to allow the market to show its hand then get active. We are in a Monthly transition this week so do keep that in mind on this week's moves.
GU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
I waited for Tues to play out and make a high. Now that it has been made we are expecting price to continue moving bearish. As we come into the London session we are starting to see signs of that bearish pressure to push it down. We will see if it keeps it up.
Just waiting for price to make a high for the week so that it can continue with the bearish price action. Sitting on hands waiting for solid confirmation.
If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
Looking for a break on either side of the consolidation we are currently in so that I can get some indication on what price wants to do. Sitting on hands until i see it.
GU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
So we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
This is a entry that I have been waiting for. I'm sure price will struggle to go into the zone until News that it set in the morning. Looking for price to break the weekly high, creating a high for the week and giving a sell entry. Nothing but short scalps for London. The ultimate sell will come for NY looks like.
Been waiting on a nice sell set up on GU and looks like it might be finally happening. Monitoring price action to see if we will end up getting a opportunity for London session.
Now that GU has finally broken structure we should be in store for a nice significant move to the downside. Sitting on hands till London Session.
We finally got a push to the upside after seeing price test the previous weeks low and reject. now we looking like we could break the highs on multiple time frames.
GU is consolidating and staying within a range so I am now monitoring for a breakout from this range to possibly take out highs for the end of the month. It is the last day of the month before we hop into a new month with all the news pending I'm sure some opportunities are ahead.
GU moving Choppy cause its not ready to make the ultimate bear move yet. Looking for a breakout to the upside to set us up for a much better sell opportunity.
As we hope into this new week I'm starting the week looking for a break of highs. Ultimately I'm bearish but need to see this break for them to go full on bearish. For a much better entry on a short. Long as I see the volume continue to support the Narrative I will get in where I can.
Just a journal entry for myself. Not sure if it might help someone else....
Just reviewing where I spotted moves this week. Where I missed and anticipating what might happen next week.