GrayTrader01

GrayTrader01 Updated 

Gold has been on a TEAR through 2025. Overextended in ATH territory and more expensive than ever before in history. Logically, we should expect a return to historically normal (still expensive) prices. Daily chart is showing 3/3 sell signals 1. Price below 9 period MA 2. RSI bearish fanning beautifully from overbought levels 3. Average Daily Range expanding with...

GrayTrader01 Updated 

6E is down trending and the last 2 days have pulled price to the average. Risk/reward also makes sense here as the stop is protected by November high. 1.00000 appears to be the next target in days or weeks. I intend on scaling in/out as conditions present themselves.

GrayTrader01 Updated 

Given the relevance of the memecoin space, demand for Solana is now higher than its ever been with no evidence or reason for things to slow down now. Solana has provided a solid 2 hour pullback and tested support. We should expect the trend to continue. If we hit the target, perhaps we hodl a "Moonbag" hehe.

GrayTrader01 Updated 

Meme coins are hot these days, priced primarily by the community - as we've seen with Gamestop NYSE:GME , NYSE:AMC , and dozens of meme coins before, the community and it's holders are a powerful sentiment gauge. With a clear goal of reaching $888, this cult like following so interested in financial freedom is currently an extraordinary buy $888 #888meme...

GrayTrader01

I have been watching the Yen carefully since July. This upswing has provided a healthy reset but current price action represents the tide turning back to the short side which fundamentally supports Japans struggle to maintain currency value. The risk/reward makes sense to me and I'm actively watching for swing shorts with .006700 target. The daily chart is...

GrayTrader01 Updated 

ES has failed to create new ATH's and introduced new selling pressure on Tuesdays open after Labor Day. The 5625 - 5575 level looks appealing for short entries with stops above recent highs, or ATH's. Moves lower to 5400 - 5300 have historically moved quickly, providing some extra confidence for this swing trade. Entries will be posted in the comments below. Good luck!

GrayTrader01 Updated 

The S&P 500 is my favorite market to trade however my strategy struggles when price enters All Time Highs by design. I tend to try and hold positions into ATH's and beyond but this recent uptrend has proven too aggressive for my entries (See attached ideas). Last weeks close is a very subtle clue about institutional intention to buy this market. My intuition says...

GrayTrader01

Bitcoin is the cleanest uptrend of my watchlist right now. I'm looking to buy any weakness to $65,000. Daily RSI Crossover indicates we could be at the start of another bullish "cycle" providing a good risk reward opportunity. I'm preparing to execute aggressively if conditions require. Daily closes below $65,000 or sustained movement below $63,000 would...

GrayTrader01 Updated 

Daily chart is bullish and showing room to run. Looking to buy a pullback. Stop is comfortable and protected.

GrayTrader01 Updated 

Last week ES reversed the downtrend and immediately looks bullish. I'm confident buying lows with defined stops. Watch for these 2 potential ideas in the week ahead. Thanks

GrayTrader01 Updated 

Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the...

GrayTrader01 Updated 

The S&P 500 is officially bearish as of Fridays close according to my intuition and strategy. I will be watching closely this week - targeting shorts around 5240. I expect to see a test the 5060-5000 level. A daily close above 5240 would be bullish and invalidates this idea. In the mid-term, I'm targeting key levels of interest to buy once this dip finds legs.

GrayTrader01 Updated 

Start of the first full week of 2024 and price immediately let us know that perception is favorable of future conditions. I'm aggressively looking for longs to hold into the highs on a pullback. Entry may vary slightly but listed stop/targets are final and I do not move stops. Time horizon 1 week. Will try my best to drop a comment/notification when I enter so...

GrayTrader01 Updated 

Tracking bullish setup on BTC. Hard stop, target 55,000. Estimated time horizon 5 days.

GrayTrader01

Hello Traders, Please allow me to start the New Year by thanking you for following and liking my trading ideas. I'm an active swing trader of micro /ES only with a purely technical, institutional price action perspective strategy. We start 2024 on our toes after crushing the December long. I've outlined some directional thoughts of the week ahead, although any...

GrayTrader01 Updated 

Monthly and daily chart are up trending. All time highs are common in the high-spending holiday seasons and the market is structurally ready to test higher prices. Personal intuition and similarities between previous and current price structure gives me additional confidence to BTFD. I'm interested in holding longs into the New Year. Closes below 4450 would...

GrayTrader01 Updated 

Traders, The S&P500 has been 9 days without testing support and saw All Time-Highs. Today, the daily chart has presented a high probability of resuming the trend after a sharp correction. I already have an existing long that has done well but I'm adding into the position for this setup for icing on the cake. New: Long S&P 500 SPY target 4848.00 Stop 4695

GrayTrader01 Updated 

/ES is looking increasingly bearish. Lower highs and lower lows are evolving on the daily with 4200 area looking likely if further weakness materializes. Today showed strength into a strong downtrend. All indicators are a-go for hunting shorts. I like the 4380 level for a swing trade, especially on a fast snap up on the US open. Will comment below if order...