Patrick2707

Patrick2707

We've gotten to the target so let's see how we move from here. The NY open is coming soon so will be an interesting trading day. Been tape reading and noting the market and it has been moving like clockwork and consistently giving nice ranges and entries for swings and scalps. We've made a big trading range yesterday so don't hesitate to ZOOM OUT and PLAN...

Patrick2707

Here is a quick update on the OP short swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Taken most of my profits at 2.2750 and taken out in profits. Good enough of a move for me and content with what the market gave me. Not always necessary to hold positions...taking PROFIT and RISK MANAGEMENT are key. Will keep an eye on how we trade from here in correlation with...

Patrick2707

Here is a quick look into the range I have been trading so far today on US 30. Been taking shorts scalps on the LTF all within the HTF range. I've noted the buyside imbalance and the sellside imbalance (black lines) and these have formed the 'range' so far. Will be looking to see how we play from here until the NY open. IF we fail to create new highs from...

Patrick2707

We got some numbers out today and the markets (US 30 and US 100) pushed higher currently both heading for their HTF buyside liquidity. Will wait and see how we trade from here...not interested in taking any trade yet...WAITING for the market to show me its hand. IF we break through the buyside and hold above expect some higher prices IF we fail to get higher...

Patrick2707

Here is an overview of the OP short trade I am currently in and shared a little moment ago. You can see how the HTF (weekly in this case) aligns with the LTF (daily and lower). You also get a clearer look at the daily OB (red line) Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis...

Patrick2707

Been short on OP for some time for a swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Looking to see IF we continue lower from this point on. Taken some off as we are around a daily OB (red line) and will let some ride. Stops moved to breakeven and will keep an occasional eye on how we go from here. As you can see the weekly FVG (yellow box) gave a lot of...

Patrick2707

The market moving pretty nicely and following our plan so far. Taken a few positions on this trade and got one more left seeing how far it'll go. Hope some of you guys managed to get onboard or at least LEARNED something. As always the market moves in ranges and our job is to follow the HTF and enter on the LTF. Will be interesting to see IF price wants to...

Patrick2707

Looking to play this short on US 30 targeting the 3H FVG (blue box) Entry 39509 TP 39360 SL 39564 You can see how we are currently reacting around the 15min FVG (smaller blue box). The daily FVG (yellow box) is currently getting respected. IF we confirm the short move the 15min FVG will act as breakaway gap IF we fail to close lower we will resume trading...

Patrick2707

Taken a small scalp short to finish the week on US 30. Entry 39427 TP 39461 SL 39480 We are trading within the 15min FVG (red box) and we've partially taken the sellside (red line). Just keep a close eye on how we play from here and finish the day from here. Hope you guys had an amazing week in general and enjoyed your trading. As always regardless of the...

Patrick2707

Taken another short scalp on US 30. Entry 38995 TP 38975 SL 39008 We got the NY open and we are back trading within towards the 15min FVG which we highlighted earlier today. Will look to see how we react around the 39050 buyside liquidity. No need to front run the market..BE PATIENT AND WAIT FOR THE MARKET TO COME TO YOU Stay safe and never risk more than...

Patrick2707

As discussed in the previous idea.. we got the bearish set up and I ended up taking a short swing trade. Entry 38990 TP 38945 SL 39015 Did not fully get to my tp but managed to get some partials and satisfied with us reaching a low at 38960. Similarly to yesterday...can't always get the full move but as long as we get partials and are on the right side of the...

Patrick2707

Here is a look at the current range I am looking at. We are currently trading in the 1H imbalance (blue box) and we have some liquidity and stops resting around the 15min FVG (red box) which can still be traded through. IF we head back towards the FVG and fail to close outside of it I will look to short from there. IF we hold from here and fail to break...

Patrick2707

Here is a clearer view of the US 30 ranges and overall market structure. This way you can better visualize WHERE we are currently trading and WHERE the HTF liquidity rests. You can also see the 15min FVG I've used for trading today's swing and get my entry on the LTF whilst respecting the HTF. WAIT for the market to show you its hand and ACT upon it. Stay...

Patrick2707

Taken the following short swing trade on US 30 Entry 38956 TP 38900 SL 38990 Got a little squeeze while in the trade as we traded through the LTF buyside liquidity trapping the bulls before heading lower (red line)...as you can see we respected it and might have traded one point beyond it. Taken some profits at 38920 and taken out at breakeven. As you can see...

Patrick2707

And just like that we got the run on the sellside we were looking for. Entry 38925 TP 38865 SL 38950 We simply followed the market and WAITED for our move to set up. We did trade a bit outside of the 5min inverted FVG but that was acceptable. The LTF buyside got traded through and we directly closed back within the LTF range so it was still a valid trade....

Patrick2707

Looking to see how we react to the 5min inverted FVG (red box). IF we fail to close outside of it (clear candle close) I will look to short targeting the sellside liquidity. IF we create new high it will be a breakaway gap for further upside. No need to front run the market...PLAN...WAIT...EXECUTE Stay safe and never risk more than 1-5% of your capital per...

Patrick2707

We finally got to the final tp. Price can go wherever it wants from here... we will let it go and we will come back to it tomorrow during the midday/evening again. Hope some of you guys managed to get onboard or at least LEARNED something. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based...

Patrick2707

Price moving nicely towards the buyside liquidity as we've noted earlier. Entry 38777 TP 38825 SL 38745 Taken some profits and letting the rest ride to my tp. Added the breakaway gap (blue box) for those wondering why I entered around these levels. Wide stops for the trade simply based on the fact that the stops needed to be save so they were resting below...