UJIf you have practiced and back-tested, you shouldn't do too much to see where we are going.
1. Pennant
2. Correction
3. 3rd touch
4. RR is inline with trading plan
Satrader
GJLast week I said this week we expecting a very explosive market in GJ. Today is Wednesday and the accumulation of the candles is showing signs of a impulse coming. Stay neutral, WATCHING & WAITING.
US30Now going into this with a new and different mindset, in that all in. My current view of the market as no fundamentals factored in, but I will later adjust according to what I read, see and hear.
US30New possibility of the upcoming week and a quick in and out, but I'm not going to enter because RR is not inline with my trading plan.
US30Last week we saw what happened. Yet we said we'd just watch, good thing SL protected us and kept us safe.
GJ (Please Read My Entire Comment)Watch this explode next week. This consolidation if you have back tested GJ, then you should know what to look for (adjusting accordingly to your plan, not to what you saw on IG). Next week either market open or mid week we are going to have an explosion. Using my experience from back testing GJ, it will usually hit both sides (It triggers both sell stops and buy stops in order to fulfil the supply of the side it is going to),
IF YOU HAVE NOT YET TRIED IT, USE THE FREE TRIAL OF TRADING VIEW. YOU WILL NOT REGRET IT
UJNot advisable because it does not follow my trading plan or any of my rules but it's worth the watch
US30Triple Bottom Formation
- waiting on impulsive bearish candle
- that entry is where I will enter once there's an impulsive bearish candle and either a retracement or consolidation of candles
UJVery textbook and straight forward. Its been impulse, correction (accumulation), impulse and by now if you watched carefully you should have 3 entry points by now.
GJI guess we had to wait and see. Those that did should be handsomely rewarded, those that entered early hopefully either your SL protected you or it was big enough to allow it to reject and drop.
NAS100We have our impulse, now we wait for the retest and we enter on continuation.
1. Reversal within the channel
2. 3rd touch on the smaller 15min channel (Top Part)
3. Candles have reduced in size, indicating a smaller demand = less supply
4. Impulse bear candle
US30This muscle called the heart sitting behind my sternum, is about to break my sternum because of emotionally filled answers and observations. It wants the market to break down and keep falling. So let's do the money thing and put it aside and let the brain take over.
We only have one confluence
1. Channel within a channel
Due to lack of confluences, we will wait for more information.
UJMy heart wants to forecast but knowing that muscle, I'm gonna follow logic🤣🤣.
1. Double top (M formation) on the 1H chart
2. Correction of the bigger trend
3.
There is no 3rd confluece as of yet, so WE WAIT BEFORE WE SET OUT ORDERS
GJWaiting on the impulsive break either up or down. Whichever way the market breaks out and retest's is where we look for entries.
My forecast see's a possible inverse H&S, so until it is complete and the neckline is broken. WE WAIT AND WATCH👀👀😎😎
GJTook an "L" (LESSON), we were stopped out and that means either we were early or we did not let the market mature enough to execute.
It's a new week, filled with possibilities and I KNOW EVERYONE WILL HAVE A PROFIT FILLED WEEK.
GJThis is as close to how I believe the price will play out. Due to my strategy rules, GJ might be on ice foe a week before I consider entering or even looking for a possible long term view. Like UJ, I'm seeing signs of pullbacks (Hard and long ones) that are meant to empty accounts in order to supply the direction it really wants to go.🤔🤔🤔
