persistent_edge

persistent_edge Updated 

Looking to enter long at 64,000 if we breakout should see 65,000 as first target.

persistent_edge Updated 

Gold is in an unusual area where it is more likely to see supply come into the market than continue to be bought up. Whenever going against a strong trend be quick to take risk off the table as the is a counter-trend trade.

persistent_edge Updated 

First consolidation after snap move against the trend. Measured move objective.

persistent_edge Updated 

Entry was earlier today, classic bull flag breakout following strong move up in a new trend.

persistent_edge Updated 

Breakout entry following a market pullback. Look for follow through on day 1-2.

persistent_edge Updated 

The market is in an unusual state, very over extended. At this point a failure test is more likely to work.

persistent_edge Updated 

Trending market, controlled pullback with signs of accumulation buying.

persistent_edge Updated 

Stopped out last entry, one more shot. If we don’t drop here then waiting for something completely different. This is a really hard way to trade but some people need to go against the grain.

persistent_edge Updated 

High momentum and price acceptance. Looking for breakout with follow through after 1-2 days.

persistent_edge Updated 

Breakout setup on a young trend. Look for follow through on day 1 or 2.

persistent_edge

Cracks appearing in the run up now. Decent supply coming into the markets. If that shuts off abruptly and gets bought into another short squeeze then I’m wrong. If supply flushes down then could be a big one. Aim for breakeven at signs of failure to push down as it should go quick. This is a low probability, high reward trade.

persistent_edge Updated 

Decent failure test on GER40 Index. Have to be very careful trading against this momentum.

persistent_edge Updated 

Pullback in established uptrend, no supply. Look for next day follow through if the up day retraces then it's unlikely to work out. Narrow range bars are ok.

persistent_edge Updated 

USDJPY set to likely breakout of the range and play out the second leg to the recent swing highs. This existing uptrend has integrity and will be biased long until there is significant momentum against.

persistent_edge Updated 

Second entry for AEP as it continues to sell off. Target is recent swing low.

persistent_edge

Simple drive to pullback breakout in a new uptrend. Overall market has come off an extension and may still pullback further so look to see this hold well on day 1.

persistent_edge

Looking at this pullback to at least test the previous swing high of the current daily uptrend.

persistent_edge Updated 

Breakdown of the range, consolidation at the low of the range. Now look to rotate lower out of the range. At that point, we see if there is an auction to be had at the lower level or not.