We saw the reaction from the indicated gap on the daily time frame, now I'm expecting for the price to drop and rebalance yesterday's buying during New York Session. If we see the support I'll be adding a new long position and target 4519.
I'll be looking at long trade continuations during the week, but firstly I'm anticipating the price to pull back to one of the indicated imbalances. If we find support there I'll be looking to add long positions and target March high and then higher prices/imbalances created in Q1 of 2022.
I'll be looking at intraday short positions for Monday to target sell stops marked with equal lows. I'm expecting the price to pull up above the Friday settlement price during the weekly kick off Asia/London open session, followed by the sell-off to rebalance Thursday's buy-side imbalance and then target equal lows. We'll see how it plays out ;)
My general bias is to the upside with YM leading the three markets in terms of the order flow. YM is the strongest in its relative strength, ES as usually being the middle and NQ showing to be the weakest. This of course may change once the Q1 highs will start being taken out. But for now, this is where my money allocation is going, buying the strength and selling...
My general bias is to the upside with YM leading the three markets in terms of the order flow. YM is the strongest in its relative strength, ES as usually being the middle and NQ showing to be the weakest. This of course may change once the Q1 highs will start being taken out. But for now, this is where my money allocation is going, buying the strength and selling...
My general bias is to the upside with YM leading the three markets in terms of the order flow. YM is the strongest in its relative strength, ES as usually being the middle and NQ showing to be the weakest. This of course may change once the Q1 highs will start being taken out. But for now, this is where my money allocation is going, buying the strength and selling...
I'm looking at one more leg up on 1h time frame before we see a deeper retracement to levels indicated on the Daily forecast. If we get a reaction from an indicated price level, look at the reversal pattern on a 5m timeframes and targeting the daily high.
Similar to the ES chart, I'm expecting deeper retracement on NQ due to the overall market depth weakness of NQ compared to ES and YM, with initial targets of March and February highs.
As I indicated in yesterday's forecast if we take out the 11sth of March high pre FOMC meeting I will be looking higher target. We saw price expanding to the upside and now I'm looking at two price levels of interest to add long positions and targeting March and February highs.
Ahead of the FOMC meeting, if we take out 11th March High I will be looking at the new targets to the upside. First Target will be March high and then February High which formed a double top.
New long trade idea aiming for the all-time high. Two targets to scale out.
Short trade focusing on the equal lows from last week, two targets to scale out, we'll see how it plays out :)
Another long trade continuation from last week-long trade on the December contract which reached both targets. Now I'm looking at continuation trades to add new long positions and aiming for the all-time high.
Looking at long trade continuation and targeting equal highs. We'll see how it plays out :)
Another long trade continuation, we’ll see if this one gets tagged.
Long trade continuation, aiming to get in on the lows of London Open.
Scalp long idea, keep the % risk low as it's the start of the week :)
If we compare the three major markets we'll see that Nasdaq had failed to reach higher prices when you compare it to S&P and Dow. Before Nasdaq catches up with the other two, I'm expecting to see a lot more squeezes on retail longs and manipulation. So my focus will be on S&P and Dow this week which show relative strength. However, to add any new long positions I...