sherlou_0505

sherlou_0505

HKEX:HSI1! Pivot: 653 #marketprofile #volumeprofile #orderflow #chartanalysis #chartporn ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps...

sherlou_0505 Updated 

#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn $HSI ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head...

sherlou_0505

Above 676, target 762/824 Below 570, target 517/487/404 #marketprofile #volumeprofile #orderflow #chartanalysis #chartporn $HSI ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator...

sherlou_0505

20/9 Update: Heavy rejection within this Friday's Excess area; Acceptance within this area favors bulls to regain control/ for rally continuation. ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as...

sherlou_0505

#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn HKEX:HSI1! *** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this post as actionable trading advice. I am simply sharing my thoughts as a market operator through this post, which helps me get my head straight...

sherlou_0505

Overall, $HSI remains cautious until heavy-weighted names earnings release. Therefore, I expect $HSI will continue tight range bound between Monday and Wednesday. Of note, I want to see how the price reacts around the 2H belt as it entered the belt. Price scenario: Open/bid above 20078-096, build up time/volume, would test these 20230s area and see if the...

sherlou_0505 Updated 

Last week HKEX:HSI1! rallied to 20300 previous week low volume area then got sold off towards 19450-ish, previous daily excess, where seller couldn't find traction. Buyers stepped in and ended OTFD and created three sessions of OTFU into 20300-ish and again got rejected, which left weekly OTFD continued. Looking ahead, with the Belt, aka @spacemanbtc creation,...

sherlou_0505 Updated 

The belt created by @spacemanbtc rejected $HSI breakout and created weekly OTFD. From the perspective of market profiles, weekly imbalance indicates bearish sentiments among traders and further downtrend expected. Theme: STFR Bulls target: reclaim 20633 and tackles above 20985, but note that top belt is leaning lower Bears target: stay below the single prints...

sherlou_0505

HKEX:HSI1! Failure to take out previous VAH led to sell-off down to level near the single prints created on Monday. Week ahead, pivot would be 20868 Since the huge excess 21192-21600 has not been untested, the sentiment for upcoming week favours bears and remains sell-the-rally mode until aggressive buyers take out that excess, which I doubt. FOMC may be the...