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  • #441
  • Sep 25, 2024 9:19am Sep 25, 2024 9:19am
I would buy here @20060, with SL 19880, target not yet decided
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  • #442
  • Sep 25, 2024 9:21am Sep 25, 2024 9:21am
Quoting Eagle-Eye
{quote} If this touch happened, is it still valid?
Yes, but you've to pay attention how the candle(s) that will retest the opening range are: bullish or bearish? you should go only if the close of the bar is bullish.
  • #443
  • Sep 25, 2024 9:24am Sep 25, 2024 9:24am
Quoting Fadhl
{quote} I agree but my risk will be around 50 points (the opening range); so it'll be under control. Markets are in rush to the upside with free money from everywhere. Only War Risk will stop this rally and may be large hands to shake out retailers.
Totally, SPX is showing some signs of weakness, which could move NQ a little bit to the downside, but NVDA is staying very strong, with lots of ITM Calls, so yeah I think that is the correct assesment.

I am looking to get into another entry, with better RR but I dont really think I will get it as I think its a bullish day today for NAS
  • #444
  • Sep 25, 2024 9:25am Sep 25, 2024 9:25am
Quoting pd9000
I would buy here @20060, with SL 19880, target not yet decided {image}
Pay attention that 20080 is a monthly resistance.
I guess it will be a swing trade. For intraday is too high your STP 180 points to my taste.
  • #445
  • Sep 25, 2024 9:28am Sep 25, 2024 9:28am
Quoting Fadhl
{quote} Pay attention that 20080 is a monthly resistance. I guess it will be a swing trade. For intraday is too high your STP 180 points to my taste.
Totally agree, more a swing trade....just re-read your thread title ^^
  • #446
  • Sep 25, 2024 9:47am Sep 25, 2024 9:47am
Quoting Fadhl
The 5min Opening range was very bullish. we should seek for a Buy entry after the retest of the opening range. {image}
If by Noon (NY time) I don't get my entry, I'll cancel it. Liquidity will fade out until last hour of NY close.
  • #447
  • Sep 25, 2024 10:55am Sep 25, 2024 10:55am
Price at high of the 5 min open range. Lets see reaction.
  • #448
  • Sep 25, 2024 10:57am Sep 25, 2024 10:57am
Quoting Eagle-Eye
Price at high of the 5 min open range. Lets see reaction.
Indeed, the first retest is bearish and it's almost Noon. I'm not going to buy it; but if you get a bullish bar, you may buy it.
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  • #449
  • Sep 25, 2024 10:59am Sep 25, 2024 10:59am
Quoting Fadhl
{quote} If by Noon (NY time) I don't get my entry, I'll cancel it. Liquidity will fade out until last hour of NY close.
Buy entry Cancelled!
  • #450
  • Sep 25, 2024 11:00am Sep 25, 2024 11:00am
I'm in. Lets see...
  • #451
  • Sep 25, 2024 11:11am Sep 25, 2024 11:11am
No 5 min close below high of the range for now. Good for my BUY.
  • #452
  • Sep 25, 2024 11:22am Sep 25, 2024 11:22am
Sold all the stock, looking for a sell entry for tomorrow
  • #453
  • Sep 25, 2024 12:00pm Sep 25, 2024 12:00pm
Quoting Windstrown
Sold all the stock, looking for a sell entry for tomorrow
Congrats!
  • #454
  • Sep 25, 2024 3:45pm Sep 25, 2024 3:45pm
End of day analysis:
We got another bullish day boosted by China stimulus.
Tomorrow, we have US GDP and Powell speech.
Bad news is bad news.
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Just a guess: tomorrow large hands will shake out all latest buyers prior to Friday (end of W/M/Q). Bad GDP will be an excellent excuse; if not, they will do it.
  • #455
  • Sep 25, 2024 11:16pm Sep 25, 2024 11:16pm
Quoting Windstrown
Sold all the stock, looking for a sell entry for tomorrow
SL of your SELLs?
  • #456
  • Sep 26, 2024 4:49am Sep 26, 2024 4:49am
Quoting Eagle-Eye
{quote} SL of your SELLs?
20255, but I'm not in yet. The Chinese stimulus may ruin my entry plan today I'm on the sidelines
  • #457
  • Sep 26, 2024 7:34am Sep 26, 2024 7:34am
yeah revision up in line with good expectations, no shorts for me
  • #458
  • Sep 26, 2024 7:42am Sep 26, 2024 7:42am
Quoting Windstrown
yeah revision up in line with good expectations, no shorts for me
when I say revision up, good means that it was expected to go up but not so much that would indicate a bad scenario.
  • #459
  • Sep 26, 2024 8:19am Sep 26, 2024 8:19am
Good day!
Both Asian and Europe sessions were crazy up. The Chinese stimulus so far seem the reason. Anyhow, nothing to do. Next major stops are: LBO at 20459 and last ATH at 20759.
But we will see how NY opening range behave. NVDA pre-market has a TL that might be a good resistance.
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It's too high to jump in the buy side and there is no sign of exhaustion or weakness to short it.
  • #460
  • Sep 26, 2024 8:24am Sep 26, 2024 8:24am
Quoting pd9000
I would buy here @20060, with SL 19880, target not yet decided {image}
Hope you were/are in
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