paradox677

paradox677

CME_MINI:ES1! ES1! SPX500USD 2023 MAY 08 WEEK Are we seeing the bearish ascending triangle already? As with NQ, tendency to take rotational trades has diminished. Scenario Planning: 1) Rejection short at 4175 / 4068 2) If market decides to spring a surprise, long on test of break of 4198 and finds support Volume Analysis: Weekly: Ave vol up bar close off high...

paradox677

CBOT_MINI:YM1! Test and reject of 34275 for first week of May: Entry: 34105 | Risk 100pts (reduced size) | Exit 33674 | Profit 430pts Now that YM has exited rotation, and tested boundary, we may see the likelihood of a rejection trade from 33670. Set your alarm there. Possible scenarios: 1) Test and reject of 33670 = short Volume Analysis: Daily: High...

paradox677

NQ scenario 4, rotational trade yielded 470pts from 3 trades. Test and Reject/Accept setups consistently offers low risk trades. NQ was in rotation for a month now. Friday saw a low volume mark up, and could be trapping longs. Previous scenario planning remains. Given the rotation has progressed thus far, inexperienced traders should just wait. CAPS FOR...

paradox677

YM1! US30USD DOW 2023 APR 24 WEEK Discretionary trade at the 34275 rejection yielded 350pts. With price failing to reach previous supply level 34605, could market be indicating that demand at higher levels have been exhausted? If so, we may be looking at further distribution (i.e. selling) Possible scenarios: 1) With weakness observed, wait to short at...

paradox677

CME_MINI:NQ1! NQ1! NAS100 NASDAQ 2023 APR 24 WEEK NQ continued to rotate. No trades from last week per scenario1. Weaknesses have manifested, so if you are holding long, may be a good time to take profit during this toppish structure. Possible scenarios: 1) Market stuck in a 250pt range, wait till supply/demand is resolved Then: 2) Breakout of upper...

paradox677

CME_MINI:ES1! ES1! SPX500USD 2023 APR 17 WEEK Friday's bar closed below 4175 and showed a rejection of higher prices. Scenario Planning: 1) Rejection short at 4175 2) Market rotation continues = trade at boundary (80pt range) of range (grey box) 3) Rotation breakout long at support of 4175 Volume Analysis: Weekly: Ave vol up bar close off high = minor...

paradox677

CBOT_MINI:YM1! YM1! US30USD DOW 2023 APR 17 WEEK Previous long scenario2 at 32595 // 33590 worked well. Potential weakness observed. Market now is approx. 500pts away from 34605. Possible scenarios: 1) Trade to be guided by channel 2) With weakness observed, wait to short at channel's supply line or rejection at 35228 // or 34605 previous rejection area ...

paradox677

CME_MINI:NQ1! NQ1! NAS100 NASDAQ 2023 APR 17 WEEK 12950 was supporting the market well despite increase in distribution effort. Market participation was low though, and shortening of thrust from high to high observed = waning upward momentum. Possible scenarios: 1) Market stuck in a 250pt range, wait till supply/demand is resolved Then: 2) Breakout of...

paradox677

ES1! SPX500USD 2023 APR 04 WEEK Market may be continued to be marked up. However, exercise caution as weekly bar may be showing a bull trap. Scenario Planning: 1) Possible short if 4175 is rejected 2) Continuation Long if 4082 // 4175 are supported Volume Analysis: Weekly: Low vol up bar close toward high = no commitment to higher prices, possible...

paradox677

YM1! US30USD DOW 2023 APR 03 WEEK Price was marked up on low volume = possibility of trapping longs. Keep your stops tight if you are holding long positions. Possible scenarios: 1) Sell if False break of 33590, test and reject of recent high 2) Long on test and accept of 32595 // 33590 Volume Analysis: Weekly: Low vol up bar close off high = possible...

paradox677

NQ1! NAS100 NASDAQ 2023 APR 03 WEEK Both Scenario1 short from 12950 and Scenario2 retracement long both worked well. Market likely to test 13740. Possible scenarios: 1) Market test 13740 = long on retracement // support at 12950 Volume Analysis: Weekly = Ave vol up bar closed toward high = non-trend changing demand Daily: Ave vol up bar close toward high =...

paradox677

YM1! US30USD DOW 2023 Mar 27 Support long at 31747 was good. Note the trendline resistance at the moment. I'll be back in April, keep profits and rest from cold. Possible scenarios: 1) Short on reject of 32789 Volume Analysis: Weekly: Ave vol up bar close off high (some supply present) Daily: Ave vol up bar close toward high Price reaction levels Short on...

paradox677

ES1! SPX500USD 2023 MAR 27 I won't be trading till the new month starts. Keep profits and rest if target has been reached, and also chart is messy at the moment. Can't imagine a new quarter is starting soon! Scenario Planning: 1) Possible short if market tests previous rotation area (grey box) Volume Analysis: Weekly: Ave vol up bar close off high = possible...

paradox677

NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK Nothing eventful last week at price was testing 12950. No trades for indices last week as opportunity didn't happen during my waking hours. Also the messiness on M30 & lower TF. Concern: Despite greater effort, progress from H to H1 was only marginally higher, and price closed below 12950. Possible scenarios: 1) Market test...

paradox677

ES1! SPX500USD 2023 MAR 20 No trade for SnP last week since levels not reached. Scenario Planning: 1) Trades will be guided by the channel 2) Long on support and accept of 3788 // 3893 Volume Analysis: Weekly: High vol up bar close above middle = demand Daily: No Supply ave vol down bar Price reaction levels: Short = Test and Reject | Long = Test and...

paradox677

YM1! US30USD DOW 2023 Mar 20 During the week, the formation of A-A1 rotation offered rotational play opportunity. Demand has built up, with weekly bar showing loss of selling momentum. But it takes time for the vessel to turn, so wait for support to manifest before going long Possible scenarios: 1) Rotational play between 31750 - 32600 (approx 850pts...

paradox677

NQ1! NAS100 NASDAQ 2023 Mar 20 WEEK The daily Ultra Lo Volume down bar and support at 11930 provided good meat for week of 13 March. Market finally broke through 12418 and is near supply zone 12810-12950. Let's see how price reacts to this level. Possible scenarios: 1) Possible formation of rotation 12950-11930 = trade at boundary of zone 2) Long on...

paradox677

YM1! US30USD DOW 2023 Mar 13 Short on reject of 32789 offered very good returns for those who were able to trade during the US afternoon hours. Ease of movement to the downside observed. Possible scenarios: 1) Short on test and reject of 32789, possible target 31100 Volume Analysis: Weekly: Ave vol down bar close toward low (non-trend changing) Daily: Low...