thecools

thecools

Europe Opening Drive shows a test of Finished Business Above we have Multiple liquidity levels for Instos to take profits of their LONGS. Also 150 projection (next distributions POC) marries up where the weak liquidity is. GET IN and ride risk behind the demand auctions all the way.

thecools

We had one demand filled day. And I don't see it stopping. We have blown through 100 and 125 projections and I predict 150 will be reached soon. SO, after london open I will be looking for LONG discounts on the 5m/15m charts and targeting 6162.50 (poc strike) that coincides with 150 (PINS OFF) projection.

thecools

Long a after demand from 6000 weak liquidity above FB below. Wanting a squeeze higher into yellow lined weak liquidity there.

thecools

I believe Sellers are in control of the auctions. I see a nice distribution wall above to launch shorts from. Target the 150 where there seems to be liquidity target making sense of a short trade. ALWAYS wait for Lopen. Demand may come in and take over 6025/Dist Wall. If so there is plenty to like about the LONGS then with liquidity above. How price comes into...

thecools Updated 

Buyers from 6000 options level, floor. We've got weak liq. above to squeeze. After London open FIND on smaller timeframes the auction/finished business (risk) and test of pivot/poc (entry)

thecools Updated 

I like the long better for london open. From 6000, weak liquidity built up above, Finished business below, macro SMAs buy bias... HOWEVER there is also a good case for shorts as we are heading up into futures open, SMAs and there is LVN space below to squeeze into. So... I will be looking for finished business RISK and test/acc ENTRY as outlined there and...