RaxInvestment

RaxInvestment

Price has transitioned to selling side in the medium term Imbalance from yesterday is seemingly filled. Expectation that sellers will continue auctioning price lower unless price breaks through this imbalance and eventually above the high of yesterday.

RaxInvestment

We had a reasonably strong rejection from sellers last week and price has struggled in its attempt to move back to the upside I would like to see a raid of Tuesday's High to which I will enter the market and attempt to align myself with the seller volume from last week. Good Opportunity if the trade pays

RaxInvestment

Tested Last Week's Imbalance and continued Upwards This seems to be a clean retest move for the upside.

RaxInvestment

March 20th 2024 Forecast Yesterday's Features: Attempted Direction: Inside Day Normal Variation Day Type Responsive Buying Tail Balanced TPO Count - 0 Selling Composite Day Directional Performance: Value Overlapping Lower Decreased Value Area Width Increased Volume Selling Volume Surplus Conclusion: Bearish, I would suggest waiting for the FOMC raid but if...

RaxInvestment

Yesterdays Features Attempted Direction: Neutral Extreme (Bullish) Day Type Initiative Selling Tail Bearish TPO Count No B/S Composite Directional Performance: Value Area Overlapping Lower Decreased Value Area Width Lower Overall Volume Buying Volume Surplus Conclusion: Relative Balance / Poor Buying Day Similar Perspective between buyers and sellers. Be...

RaxInvestment

March 15th Market Profile Features: Attempted Direction Neutral Central Day Type No Tails Bullish TPO Count No B/S Composite Directional Performance: Value Area Width Decreased Value Area Placement - Overlapping Lower Decreased Volume Total Decreased Selling Volume Surplus Conclusion/Forecast: Bearish, Weakening Control

RaxInvestment

Feb 29th Market Profile Features Day Structure: Neutral Central Attempted Direction Features Close High in Value Large Bullish Range Extensions More Value Establishment Above the Initial Balance No Tails No B/S Composite Bullish TPO Count Directional Performance Large Value Overlap to Upside Widening Value Area Increased Volume as price moves upwards

RaxInvestment

Feb 5th Features - Normal Variation/ Selling Trend Day - Selling Composite Day - Only Bearish Range Extensions - Value Area is lower than the previous day - Volume is up demonstrating good trade facilitation - Although the Value Area width is smaller than the previous day, it does not constitute to any signs of weakness as it is still above the average width.

RaxInvestment Updated 

Feb 2nd Features: Double Distribution Trend Day Selling Composite Day No Tails However despite a clear attempt from sellers to move the market down on Friday, value has moved upwards and the volume numbers on the day have decreased significantly This demonstrates that price may need to return to previous level of acceptance in order to retest the selling...

RaxInvestment Updated 

Jan 31st Features: Bullish Range Extensions Value Area Moving Upwards Value Area Expanding Increased Trade Facilitation as Volume numbers have returned to the average

RaxInvestment

19/01/2024 Bullish Day Features Bullish Range Extensions Only Buying Composite Day Close at the highs Additionally, we have an open test drive this morning and we have established value above yesterdays range which provides extreme day timeframe potential In regards to entry, i'm looking for a retracement at the single print left behind

RaxInvestment

Market Profile Analysis Price has established value lower and under the value area after a neutral extreme day We have also seen the potential introduction of initiative sellers once priced filled in the single print/imbalance created yesterday Bearish Features from yesterday: Selling Composite Day Bearish Range Extensions Close at the low Iniatiative Selling Tail

RaxInvestment

Jan 15th 2024 Attempted Direction- Bullish Direction Performance - Weak Features Bullish Range Extensions Buying Composite No Buying or Selling Tails Weak High and Weak Low Contracting Value Area Decreased Volume I believe although price moved up today, it was a weak buying performance. As a result I believe we would need to move downwards in order to find...

RaxInvestment Updated 

Jan 14th 2024 - Price Action Attempted Direction - Bullish Direction Performance - Good Day Type - Normal Variation/Trend Day Features Tails - Initiative Buying Tail Buying Composite Bullish Range Extensions TPO Count - Strong Buying Imbalance

RaxInvestment Updated 

Yesterday's Analysis: Attempted Direction: Neutral-Bearish Direction Performance: Moderate Features: 1. Initiative Selling Tail 2- Bearish Range Extension 3. Close Below Value 4. Overlapping/ Lower Value Area 5. Expanding Value Area Width

RaxInvestment Updated 

Price closed below Value Yesterday Therefore today I am looking for a retest of the Point of Control and a continued move downwards Although the attempted direction was bullish yesterday with a reasonable direction performance Price closed below value at the end of the day, signalling a rejection of the higher value established

RaxInvestment Updated 

Bearish Features dominating the Market Profile today - Open Test Drive - Price has established value lower - Open in value from Friday was rejected and sustained - No range extensions above the IB - Value Area moved downwards - Value Area width increased Monthly Profile broke below and closed below last months POC Half of the short position will be...

RaxInvestment Updated 

Price has been consolidating over the last couple days and there is currently a balanced perspective between buyers and sellers However there was a large responsive tail created by Buyers on Friday and I would like to see this area somewhat revisited as I believe this may be a sign other timeframe buyers. As a result I am looking for a short trade tomorrow from...