{quote} missed the takeout, shorted the retest and lost.. ok enough for today, maybe more luck tomorrow {image}
Ignored
Alright but check your yesterdays play on EURNZD that had exact same setup to this one. Watch what happened on both when it came to retest flip point, the price started to stall started to reject it, but the micro lows started to build HL , HL, pushing into the flip more and more. That is sign of absorption in such case always go with extra tight SL (check mine exit) , that is always the way to go, and there is nothing wrong with flipping long if it breaches the flip. Takes some time to learn those but this is steady way to play it.
Good executions today btw.
CADJPY here comes now the real push to the upside, clearout of all major macro H1 highs is now likely, sized players cleared stops on that demand takeout and pushing in size, looking for longs now, target above H4 previous highs.
Alright last one for the day SOLO rug pull play. Ballz in. If they pull the rug this could wash the ballz heavy, manipulated trash with algos dancing the whole day up there. 2,90 will be the high if rug pull is performed by soakers. Short. Flagship play of the day.
Alright last one for the day SOLO rug pull play. Ballz in. If they pull the rug this could wash the ballz heavy, manipulated trash with algos dancing the whole day up there. 2,90 will be the high if rug pull is performed by soakers. Short. Flagship play of the day.
PGR end of the day ss squeeze in formation. If 70,80 goes its going to wall squeeze.
Ignored
PGR end of the day ss squeeze. Took 4 R. Timing is always key component, majority of those EOD ss squeezes will bake in last 30 minutes before NYC.
Pointed few of those on thread, search for NKTR and its sister plays to learn it for those interested.
{quote} Alright but check your yesterdays play on EURNZD that had exact same setup to this one. Watch what happened on both when it came to retest flip point, the price started to stall started to reject it, but the micro lows started to build HL , HL, pushing into the flip more and more. That is sign of absorption in such case always go with extra tight SL (check mine exit) , that is always the way to go, and there is nothing wrong with flipping long if it breaches the flip. Takes some time to learn those but this is steady way to play it. Good...
Equities RBZ on the watchlist. Insider ownership / investment increase from Intel for 10% of total shares. Made a decent pop in pre market gap, looking for further run higher, if heavy volume comes in (above 100K per M1 candles) its long only, if volume drops to 50k per candle and lower ill look for shorts. For now no proper plan on it yet, waiting for first 2 hours to develop more.
SOLO on watchlist from yesterday, huge runner up 500% in last 2 days, looking for shorts IF it enters wash mode (and weak volume), if not longs but only on A grade pullback legs. Borrows expensive
Just a heads up MXN is still under macro play and will remain likely for over next several days, as the vote for wall funding gets nearer and if it passes, MXN will take a hit and be pushed into short term macro drive, markets have not yet fully priced in the consequences of wall for Mexico.
Thus longs on USDMXN remain on table and on focus.
And in case if vote gets shut down and kicked in the ass, then the complete 180 degree rotation is in play and MXN could rally like mf. Either way there is money to be made.
(binned per thread starter's request) Market bottom rotation trad
