I am closing us30 at brake even, I don't like how yesterdays daily candle closed it's implying it isn't ready to drop yet. So now I am going back to my original bias in the idea I will attach to this post.
I am also giving us30 a attempt too, referring to my previous post in regard to us30s potential short plays.
Another update for you all: Once we brake this low it will be a confirmed order flow shift in my eyes and we will look to scale in targeting the targets I've mentioned in my previous posts. Happy trading.
In reference to my last post: I jumped in for a first attempt last night, I see a possibility for price to fall from here.
Finally, with gold, I am super bullish but saying that I don't see any clear set ups at the moment.. Price will more then likely just play around within last weeks range until Unemployment claims and Core PCE Price Index hits and manipulates the USD later in the week. My first and only POI currently is $1960 and should it hold as support I'd be looking to go...
Also, I've closed all my positions on us30 for a partial win on all of them.. Swap was eating me alive. I am now restarting with a fresh layout, I'm still 100% bearish. We had last weeks closure below the previous weeks high and major resistance leaving us with a clear bearish indication. I would love to see price take out last weeks high for liquidity or at...
New week > new charts.. Currently waiting for price to reach my POI at around 13000 - 13175 to look for shorting opportunities down into 11700 as target one and 10500 as target two. I see there's a lot of liquidity above last weeks highs to be taken out and a beautiful order block a little bit above it that I marked out on the 30M interval in which I expected...
Referring to my last posts, we up big, I have 6 positions running, main entries are displayed here. Scale in exactly as I hoped.
My first scale in price will be 32300 or 32415 (or in-between them), will set my alerts just below then once and if price is at that poi I'll wait for the bearish volume to kick in and enter with my stops somewhere above 32600. Now we just wait and see. Simple.
Soo, my last two shorting attempts failed.. (refer to my previous post) but my third attempt has been successful, risk to reward is everything. We had a beautiful rejection of the dynamic resistance, slandered resistance, 61.8 fib, and the order block. Four confluences making up a solid and highly probable zone for a trend continuation to the downside and for us...
First position was slashed through and second position floating in negative, really not confident after yesterdays daily close but I'm holding regardless. If failed, we will look to enter short again at the next POI's of 32500 - 32700. Stay focused.
Here are my main poi's for shorts this week, first being at 31930, if failed, second attempt will be at 32179. I got some decent cushion from this mornings trades which I'll leverage and play this a bit riskier with limit orders. Reason being: We have had a weekly doji below major support which now implies, in my mind atleast, that we will now see bears take...
Just had these two solid shorts this morning filling in the gaps that were left behind on market open. I see a lot of potential shorting scenarios that could play out this week I'll send out some analysis later.
We didn’t get a chance to enter more shorts, now we should finally see price approach my second POI that I’ve been calling at 32500-32600. I am attempting to go long into there as a counter trend intraday plat any moment now! Refer to my last few posts on US30 to catch up.
I managed to re-enter this morning after being taken out brake even basically at the same price. The play is looking good now and should follow through as anticipated in my earlier analysis. Hope someone took advantage. Please check my previous idea linked. :)
I am attempting to scale in here, price will fall today and I didn't get the pull back I was hoping for.. so should price make its way back up to todays high I am scale the f in.. as marked.
I said I wasn't trading nasdaq this week but I may do so.. Looking for price to pull back to 12220 ish for a short down into 11675 and lower. Everything is still bearish, from a technical stand point it is looking clean and I won't let this opportunity slide should price indicate to me that it has the potential to respects my thesis.
I am still holding this short that I've been talking about for nearly two weeks, I closed 50% of it at 31700 (roughly 1800 pips from entry) and holding the rest to 30000. I usually don't close partials but with all this heavy hitting news this week I believe we could get a chance to scale into more short positions around 32500-32600 to maximise my return in this...