(binned per thread starter's request) Market bottom rotation trad

ETFC sold for 2 R gain, no DD play.

WTI potental breakdown

GBR crashed and now halted potential further move down after halt resumes.

APC symmetrical structure building up

Alright here we go with GBR flagship play of the day. So lets break down why:
In short ...best plays are all about fitting them into correct and strong context, a context that has consistency of behaviour.
There was a strong short squeeze which is liquidation move (usually new order flow will not be able to support it, thus its expected for price to crash) and the whole move on daily scale was over extended for last 2 days, assets that make such huge quick moves especially the cheap ones usually cant sustain the price there thus one should start looking for bear micro plays. The whole point is to seek for weakness on buy side, not the strenght on bear side because once the bear side presents its strenght its already too late in such play, play will be missed, thus this continuation setup was a perfect setup to use for entry.

This play is replication almost to exact 100% extent of BBBY play which is on first page of thread i think. The only difference was that this play had macro context behind it.





Bellow is BBBY. Identical twin.

RHT better one.

FNSR short covered for some gains, on main account i sold it for break even.

Now the hunt for last end of the day short squeeze play on equities.

edit: no play, broke lower

DIS potential parabolic play.

Was looking for just one more candle and then enter. Again to point out from US30 index parabolic plays need to be expanding in volatility and should always follow a parabolic curve in terms of price development, not every drop by itself is a parabolic drop, actually very few are.

Was looking at the same thing but didn't get a fill on limit order.

damn didn't realize that it's independence day today. Was wondering what's wrong with the internet lol.

Yeh thats why i pointed it out yesterday. 3rd and 4th.

Can you explain why RHT is better? Thanks.

Symmetry of behaviour, correlation between time and volatility. USDCNH.

Bid - ask stacks. When it comes to reading rotations is all about fitting the current behaviour into previous behaviour to see if changes are made and if those changes make or confirm the flip of who is in charge at the moment.

Actually never mind that, it wasnt better play, APC was better one.

About it for today, FX about to enter zombie mode.

last one for me, lets see if microshelf holds

Put BE SL on this one its B quality play, no need to risk it.