Dislikedhave been taking longs towards the fib RET of that WRB, m5 to m1 tfs done my daily minimum within the first 15 min of the us session looks like m5 rotation atmIgnored
- Joined Mar 2007 | Status: Trader | 1,718 Posts
{quote} Having a break, just under 40 trades, both ways M15 - M5 - M1 very fast few small loses, majority positive - that is what happens in a ranging market,
Establishing MO to go short at 44820, just above 61.8%, that where the B of ABC formation might terminate, the Market Structure shall provide some valuable insights, if these targets are not achieved I will go short when the upward momentum gets weaker, pump and dump scenario!!!
earning season
- Joined Mar 2007 | Status: Trader | 1,718 Posts
{quote} MO short triggered 44820 Have been taken at BE established after the move down of around 40 points DOW seems to go a bit higher, still remain committed to short again, tomorrow after the London open
It does not happen very often, and I usually automatically kill them of, as rescuing them usually leads to bigger losses.
Over 40 trades during the US session, few losing trades, a reasonable day, with many breaks from trading desk.
Somehow was struggling with being focused and alerted.
Over all a positive day, but a bit tiering.
It is important to pay attention to the session WRB created last Friday, 21 Jan 2025, and to the Market structure to see if the rotation to the downside will continue.
In either case it is reasonably easy to discern poss market moves and have a good idea where to put SL.
I have expected the retest of the WRB, it shall be soon clear it if is a retest or something else.
When the MA channels on M5, M15 M30 are in agreement with H4, including H4 stochs, DOW seems to have a day of holding the direction well
Lesson for me to repeat to myself, when tired and not focused, go away from monitors, have coffee and do something else. Market will not miss me and for sure it will be there when I am ready and keen to trade.
- Joined Mar 2007 | Status: Trader | 1,718 Posts
{quote} Have had a busy session, and twice entered trades in the opposite direction to what I have intended. Ended with small loses on both them. Wakening experience. It does not happen very often, and I usually automatically kill them of, as rescuing them usually leads to bigger losses. Over 40 trades during the US session, few losing trades, a reasonable day, with many breaks from trading desk. Somehow was struggling with being focused and alerted. Over all a positive day, but a bit tiering. {image} It is important to pay attention to the session...
Following semafor came handy, once close to the daily pivot, it actually hit Woody D Pivot and PA has reached Fib Chanel on M1, so I thought to be satisfied with good profits on just under 20 trades since the US open
Earning season - Amazon ASC
Good points ta all!!
- Joined Mar 2007 | Status: Trader | 1,718 Posts
tempted to fade the move south so the session candle bar will create a doji. reciprocal tariffs have been mentioned again talk about these tariffs, poss next week or over the weekend
during the US session alone done over 40 trades until nowTime 4
- Joined Mar 2007 | Status: Trader | 1,718 Posts
Several more shorts
Bit more to go down from the 1st impulsive, Dow often goes to -261.8 44300 zone
At poss support , Wed session L
44330 covered all shorts, just in case
Buckets lots of positive points, but at times PA has been very fast.
One needs to pay attention to details, like yesterdays H was achieved prior to the US open, Have shorted from there as it has bee clear t was a pump by MM, as to confuse the PA on Daily, today's Daily H has been achieved during the US session, all of these details matter and are important.
The channel is created by MA5, corresponding to the stochs 5.3.3 setting, and semafor being linked to fractals/zigzags.
I know it might be to much for some, but being used to this type of things allows to make decision fast, and pile more orders to the initial position. It has been a higher intensity day with a good number of trades, average number of trades, as I have had some breaks too.
As I type -261.8 has been reached! I have mentioned the fibs so many times, sorry to bore you once again.
The utility of fibs drawn from the session's first impulsive.
Bit more to go down from the 1st impulsive, Dow often goes to -261.8 44300 zone
At poss support , Wed session L
44330 covered all shorts, just in case
Buckets lots of positive points, but at times PA has been very fast.
One needs to pay attention to details, like yesterdays H was achieved prior to the US open, Have shorted from there as it has bee clear t was a pump by MM, as to confuse the PA on Daily, today's Daily H has been achieved during the US session, all of these details matter and are important.
The channel is created by MA5, corresponding to the stochs 5.3.3 setting, and semafor being linked to fractals/zigzags.
I know it might be to much for some, but being used to this type of things allows to make decision fast, and pile more orders to the initial position. It has been a higher intensity day with a good number of trades, average number of trades, as I have had some breaks too.
As I type -261.8 has been reached! I have mentioned the fibs so many times, sorry to bore you once again.
The utility of fibs drawn from the session's first impulsive.
- Joined Mar 2007 | Status: Trader | 1,718 Posts
Several more shorts {image} Bit more to go down from the 1st impulsive, Dow often goes to -261.8 44300 zone At poss support , Wed session L {image} 44330 covered all shorts, just in case Buckets lots of positive points, but at times PA has been very fast. One needs to pay attention to details, like yesterdays H was achieved prior to the US open, Have shorted from there as it has bee clear t was a pump by MM, as to confuse the PA on Daily, today's Daily H has been achieved during the US session, all of these details matter and are important. The channel...
- Joined Mar 2007 | Status: Trader | 1,718 Posts
Super Bowl in few hours, then Monday's London open, NYSE open and the start of quality harvest time.
Getting ready for the positive week ahead!
Getting ready for the positive week ahead!
- Joined Mar 2007 | Status: Trader | 1,718 Posts
Super Bowl in few hours, then Monday's London open, NYSE open and the start of quality harvest time. Getting ready for the positive week ahead!
There is a disagreement between the TF, useful confusion, which eventually will be over and the market will declare its hand.
- Joined Mar 2007 | Status: Trader | 1,718 Posts
shorted from the session H towards the gap
Risk worth taking 200+ in less that 10 min
Done more than daily minimum.
No time to post, but the idea is there clearly explained.
Good trading to all!!
MM were at their useful work prior to the session, don't we like their "wonderful" work?
We can see that the first session impulsive in in, lets see the reaction to confirm that proposition.
MO to go short 44540 zone, RET 70.07
break 4 me, at RET 50% atm, possible short entry
Risk worth taking 200+ in less that 10 min
Done more than daily minimum.
No time to post, but the idea is there clearly explained.
Good trading to all!!
MM were at their useful work prior to the session, don't we like their "wonderful" work?
We can see that the first session impulsive in in, lets see the reaction to confirm that proposition.
MO to go short 44540 zone, RET 70.07
break 4 me, at RET 50% atm, possible short entry