Plan the Trade

Whats it - over 500 ticks in a little over a day? that's almost 10% Insties running it all day yesterday and haven't finished yet, by the looks... when they want out, they are placing huge sell orders. Question is how just how exposed (scared) are they?

Give it a few days for the shorters to get all excited and some random piece of news will be portrayed as 'good' and we will go back up as if nothing happened!

Up the stairs and down in the elevator springs to mind!

till we get back to 5614 it looks like institutional day

nice sell at yesterday's extreme low:

123 break off extreme:

what a day made all my money is 30 minutes and shut it down

great work H .. didn't get a lot of those .. was looking out for pa around 5574 and 5614 - mkt all over the place atm

I stop after first hour if setup comes at beginning of open one of these day I will hold and take the institutional ride

looks like we're going to open above yesterday's extreme high:

yes I have marked off the wednesdays profile also I think the institutions will take it long today

well the plan worked beautifully market opened above extremes and held

Superb trading!

I merged all profiles from the week as they all covered current range;



Which put the TPOC at 73, waited patiently...



Was greedy and ended up with +36, was up 52...

great work guys .. couldn't work today out still getting used to this good weekend catch up monday

I am glad you guys are continuing to show some ideas related to NQ. It does move and provide lots of opportunities.

took the 123 pb to come back to extreme:

That's a great trade Ras... I took something similar, several times in fact. By merging all previous weeks profiles (and don't forget i am running two platforms as a comparison, so i also have purely the previous days relevant profile data too), but the mature profile gave a valley and the top has worked well as support;

once price exceeded the extremes the only thing to do is take the pullbacks

Built a channel - they usually break in same direction as entry... next level was Wednesdays VPOC;

Good stuff buddy

Don't ya just hate it when this happens?! Thought giving it a tick above previous high would see it get filled... it reached target without me onboard! (

After obvious round number res at 5700, we have 02&03 as Vhigh and TPOC of merged profiles;