H4 looks like getting ready for shorting
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Disliked{quote} Making preparation to start shorting DOW Down from the D pivot D Pivot 39854 Woody Pivot 39860 M30 ha to come into play, M5 has to come into play M1 hitting the upper FIB band channel (EMA100 fibs set to 0.70) waiting patiently , MO set to short 39900 for the first initial shortIgnored
Disliked{quote} 39875 First initial short MO in place too 39000 region of the mR1 D - Mid pivotIgnored
Disliked{quote} DOW short adding 39878 MO in place, there might be a goodbye spike up still M30 is about to come into play SL on all position 39940 will move soon to BEIgnored
Disliked{quote} M15 has created impressive WRB Moved SL to just above the open of that M15 bar 38885Ignored
Disliked{quote} closing all shorts 38858 Possibility of bounce up from D pivot will establish shorts below the pivot My added positions were quite heavy, so I took the profits after the first failure to follow the market structure on M1, M5 is trying to get out of play for the shorts. will wait until M5 lines up again Please remember that trend on M4 is well to the upside, so taking the profits with care and when they are thereIgnored
Disliked{quote} PA moved too fast to record shorts, have just followed PA and 3 ZZ semafor on M1 when Market structure printed I have explained I use zz semafor in conjuction with market structure, as an easy determination when the previous L (in this case) has been taken Taking profits just below mS1 D 38805 PA is getting close to the bottom of EMA100 fib channelIgnored
Disliked{quote} I am done for a while, its better I go to the garden and look how fast the planted garlic is growing, and radishes too. It is reigning here otherwise I would do some yacht maintenance, antifouling time has come and the lady is on a dry ground, waiting to be titivated.Ignored
Disliked{quote} This is what happens on a day with low participation, of course MM participation is vital as always one never really knows. {image} remain flat for another espresso breakIgnored
Disliked{quote} Low participation and M5 Pinocchio bar after the Fib EMA channel has been hit, displayed on M1 TF. I find that channel worth observing and the PA around it, on TFs I use, of course higher TF bigger move is on cards. This is M1 TF with M-Candles imposed on M1 PA , M-Candles set to 5 on this chart, so be not confused. It is basically two TFs PA displayed on one chart, I find it useful. I use other charting software which also displays zones, and objects drawn on one chart on a particular TF and can display that on all open charts of that same...Ignored
Disliked{quote} A news release inspired move on DOW. A symmetrical 1 to 1 move down clearly displayed on H4 and on DOW M30 NYSE Session chart {image} Give it some time to return to the H4 trend. {image} Intersession gap has been filled. No surprising.Ignored
DislikedAdding long to DOW -Jun 2024 at 39784 (parallel to DOW cash39684)- 3rd lot
DOW long as well at 39684- initial lot will come back to it in a few hours, the divergence mentioned in the previous point is usefulIgnored
DislikedAdding long to DOW -Jun 2024 at 39784 (parallel to DOW cash39684)- 3rd lot DOW long as well at 39684- initial lot will come back to it in a few hours, the divergence mentioned in the previous point is usefulIgnored
Disliked{quote} Closed DOW JUN2024 longs 39885, good points Looks like gap to the upside opening, barring the news release in 18 min Just in case banked the profit and will wait for the reaction to the data releaseIgnored