Trade Plan 12/15/2022
Updated
TP1>
if we manage to Trade/Bid above MAIN POC 4078, we can test > 4108 > 4141 > 4186 > 4207 > 4221
TP2>
if we Open/Trade below MAIN POC 4078 > we can test > 4054 > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped)
Volume Profile 12/14/2022
- Unfair High 4091 (Below Y High) FOMC DUMP, and no BUYERS.
Volume accumulation setup > It is forming since yesterday when SELLERS were super aggressive,
strong SELLERS entering their positions in Rotation Area, with a clear change on the Volume Profile TREND.
Strong Sellers who were accumulating their positions are likely to defend
their positions and their interests. So, when the price returns to the volume accumulation
area > MAIN POC 4078 (12/14) and MAIN POC 4054 (12/13), Strong Sellers start to defend their positions aggressively.
This means that strong buyers start aggressive buying activity to drive the price upwards again. Strong sellers defend
their short positions by aggressive sell-off which moves the price lower again. Here is a picture
to demonstrate this (Short trade scenario):
*This is a 50/50 Game, trade plan & risk management and trade management is mandatory
Trade active
Up 26% already ! I want a pull back to add Shorts
Options & Futures Trader
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