GOLD: Still in breakout, first down closing day!Hello everyone and welcome back to my channel, I don't share very often, also because I try to put many informations and details in what I describe.
First of all, as always, this is not a trade recommendation, neither a forecasting to know what the market is going to do or which direction is going to take.
My job, as a trader, is taking best trade setups, regardless the direction and what other people think. Guessing is 50/50, taking best trade setup is 90/10 😉
Gold.. is apparently in an interesting situation and today, is the only market I'm going to follow, and potentially be looking for a setup after major red news release at 10am NYT.
It can actually setup either for a short scenario, going to complete the 3 days pump and dump from Monday, or keep going higher considering the overall strong uptrend. But let's analyse both the scenarios, having a deeper look.
Little premise, January was a trending month, so I don't expect crazy shorts all in during a couple of days...
Previous week, beginning of the month, the market kept pushing higher, placing a little lower low on Thursday, stops eventually are placed below that level and in the future can be a level where the market can retest (stopping everybody still holding long positions).
Monday, the market broke through the weekly high, closing in breakout (This is what I consider a pump day)
Tuesday, Asian session pushed higher, placing the "all time high" and strongly reversing back inside the range of Monday, closing eventually as a first red day.
Today, Wednesday, the market is consolidating into the Tuesday's LOD, and as well the weekly breakout level, that's why this market can be pretty tricky and is important to identify the right setup.
SHORT SCENARIO
As I previously said, this can be a pump and dump in 3 days, and the first red day, up high into the "all time high", can be the beginning of a short move.
Obviously this market can blow off with news at 10am (look picture)
or it can start the retest of the current weekly high, consolidating up high for better filling and stronger market for a short move during the upcoming days ( we still have Thursday and Friday)
LONG SCENARIO
But very important, the market is still trending higher, Tuesday place a higher high and the consolidation down low, above the last weekly level, can be preparing for a bullish major move, today, and/or during the next days.
So.. how will I take advantage of it?
The days is keep going, news are on schedule, what I will do is:
1. Waiting for news to be released
2. After the news:
- Is the market setting up for a long trade? (buy low opportunity), then I will be targeting the current HOW
- Is the market setting up for a short trade? (sell high opportunity), then I will be targeting the current LOW and if the market keep blowing off, I would be willing to target as well the Thursday's low.
During the NY session I will be updating this post :)
Please, do not forget to follow me and support my work with a comment and like!
Thanks and have a good trading day!
Gianni
Firstredday
EURUSD: First red day into the new weekHello traders and welcome back to my channel, as always don't forget to support my work with a like and comment, and follow me for more updates and markets templates!
I always repeat it in every post I share, my analysis are not a forecast and/or prediction regarding where the market can go, I'm not interested in gambling, neither in knowing the direction of any market. My goal in trading is to extract money from it, I wouldn't care much about anything else.
What I draw (lines, arrows) are not directional move, but the current setup I'm looking for, in the day, so do not be surprised if I go long on tomorrow :)
Thanks for understanding and hope this can give more value to your analysis as well.
Let's start!
EURUSD may start an interesting process, we can see all the week breaking down potentially going to complete the 2 weeks pump and dump, or in the week itself, this market can setup for a weekly dump and pump, starting from Monday. For a better understanding let's analyse day by day to see the logic behind each possible move during the week.
Starting from the last week we can see almost all the week trending higher, the first lower low into the LOD happened on Thursday, which is currently a potential anchor point for a pump and dump into this current bearish scenario!
Monday, the opening range of the week pushed a little bit higher, breaking out and quickly dumping back down.
Tuesday opening, the market kept going lower, breaking through the LOD (Monday low) going in consolidation till the end of the day, triggering breakout short traders and closing the day in breakout.
Today, the market went lower and looks like still dumping with a great momentum.
Now.. let's talk about the thesis.
1. Bearish:
this market can easily stop the traders long form the last Thursday, considering a great bullish move from that level, eventually reversing during the upcoming days or keep going lower, who know, we may see this market completing 2 week pump and dump scenario, back into the previous weekly low.
2. Bullish:
although today I'm not interested in counter trending this market, I don't exclude a potential dump and pump in the current week if the market will start consolidating around the previous Thursday low, not gonna happen today but we can see such a scenario by the end of the week.
Remember, today FOMC, I don't think I would like to expose my capital in a such a dangerous volatile market!
Entry criteria:
As I said, currently I'm not interested in counter trending such a strong down move market, at least not today and not before news release.
I can think about a scalp short if the market will retest at least the current high of session, consolidating around that level for 30 to 45min before to see a potential 25+ pip scalp in the session.
However, during the upcoming days we can certainly see better opportunities, but I decided to share it, because EURUSD look pretty clean to me!
Gianni
EURUSD: First red day up high into the high of the weekHello everyone and welcome back to my profile. I don't typically share templates every day, because I'm trying to select best opportunities that can move fast during the further 1/2/3 days.
Please do not forget to support my work with a like, and comment if you have similar or contrary opinions to understand as well your point of view.
EURUSD is actually up high into the high of week, high of month, high of year, it's January and is the first month of the year, is the opening range of the year.
There is a great chance to see a reversal market from the current level, if it's going to setup correctly.
However, as I always say, I'm not here to predict any directional move, because I'm a professional trader and I don't do entertainment with trading, trying to gamble my money in useless predictions. What I'm always looking for, are setups, which they repeat over and over again.
To understand better the logic behind my thesis, let's have a deeply look into the week..
The previous week, overall, the market has been trading long, higher high on Wednesday for a 3 days dump and pump into the week, I wouldn't counter trending such a strong market.
Monday, opening range of the week, the market broke the previous weekly high and stayed in breakout. Other times frame traders and big players are involved.
Tuesday the market pullback on the previous weekly high, eventually stopping out breakout traders long from that level, closing kinda as an inside day, which I consider part of the consolidation process up high.
Wednesday, the market broke higher, breaking out the HOW, HOM, HOY, closing back inside the range and closing as a first red day, which typically it can be a short signal if setups correctly during the further days.
Today, the market triggered short in, and overall is consolidating into the yesterday LOD.
Thesis:
My main view, currently, is pretty short, the lower low of today can a be a sign of weakness for this market, Trump speaking on schedule, market it may be very volatile today, that's why I decided to don't be involved in any market position.
The news release can obviously dump the market quickly straight into the LOW, or we can have a retest of the HOW for a consolidation and dumping during the next week (last week of the month).
If the market today breaks lower, tomorrow I will be looking for a sell high opportunity targeting the current LOW.
What about a bullish thesis?
Once again, I think that predicting is pretty silly and gives you 50/50 of chances to be right. What I'm describing is the possibility to identify a short setup in a market condition that can offer it.
A long thesis, would be absolutely still valid.. why?
Yesterday after the higher high in the daily, weekly and monthly level, the market dumped down into the low, and went in consolidation. I cannot exclude a 2/3 days dump and pump for a range expansion to the upside.
That means that I would be willing to take a long setup if the long thesis builds up.
I will be updating this post until I think the template will be valid.
Gianni
EURUSD: First red day in a broken down marketHello everyone and welcome back to my channel, please do not forget to like and comment my work, it's very supporting for me!
Let's start saying that I'm not here to predict the market, my view is only about the setup I'm looking, predicting is 50/50, trading specific setups can be a 90/10 opportunity.
EURUSD is currently in a kind of template which I saw several times in the past, the is breaking down, sellers are controlling the market and potentially by Thursday and Friday we can see a weekly pump and dump completing.
But let's analyse the full week to have a better understanding of the logic behind this potential move.
The previous week the market has been breaking down every day, and Friday place the most recent high and burst into the low of week.
Monday was pretty much consolidating into the LOW, not really something that can be interesting.
Tuesday the market triggered breakout long traders and pumped back up into Friday HOD, stopping their short breakout.
Wednesday, until CPI release, the market consolidated at the high of the week, eventually trapping volume up high. CPI stopped hunt trade who were shorting, closing the day back inside the initial balance (high low range of the week), and especially as first red day!
What's my thesis?
My main scenario is a short one, trying to complete the dump phase in a weekly pump and dump scenario. Obviously, not necessary we can see a strong move back into the low of week, but it can also stop and consolidate above the opening range high (HOD of Monday).
How would I enter this market?
USD news are scheduled on calendar at 8:30am NYT, I will be watching for a buy low setup after news release, specifically I will be looking for reversal pattern into the HOD.
What about the long view?
Of course, as I said, predicting a move is just silly, predicting is just like gambling, a long move obviously can happen and I can be willing to take it a session scalp if the market drop vertically down into the yesterday LOD, consolidating into the level till I will get any reversal configuration (Buy low opportunity).
During the upcoming hours I will be updating this post!
Trade safe!
Gianni
BITCOIN: First red day, on DAY 3!Hello traders and thanks for your constant support, please do not forget to like and comment the idea, it's very helpful and supporting for my constant work and progress.
Bitcoin, it's currently establishing a template of pump and dump that I really like and already traded many times in the past few years, on several instruments. There is a good chance to complete the full pattern of pump and dump during the upcoming days.
But let's see the overall weekly situation to understand better the thesis behind.
Let's start quickly to say that the current week is INSIDE the previous weekly high low, meaning that I do not see weekly higher time frames involve in this move, as well because today we don't have any major red news on calendar, I would consider a potential short entry only an intraday position.
Monday is the opening range of the week, it triggered HOD and LOD levels, closing in breakout short, inside the previous weekly high low range, shorts traders were involved in this specific day.
Tuesday the market dumped back down into the low of Monday, failing the attempt to break lower, still we have shorts involved and potentially now trapped into the low of the week.
Wednesday, day 3 of the week, we can see a three days dump and pump completed in the week, shorts from Monday are stopped out and long breakout traders are in the market, but once the HOW has been reached, is really important to understand the behaviour of price on that level.
Thursday, long traders attempt in three pushes to break higher, basically consolidating up high and closing the day down, as a first red day.
Today, Friday, the market placed a lower low into the yesterday low of day (which it could represent a weakness in the market) and currently pumping up into the current high of day / most recent swing high in the market.
THESIS:
-Short: this is my main thesis right now, I would like to see the market consolidating up high into the current HOD, starting breaking down in NY session for either a session scalp pump and dump, targeting LOD, and eventually trailing to further levels as breakout level of Tuesday high (because breakout traders long entered the market without any retest of that area), eventually closing of Tuesday and as well low of Wednesday, all these level can be very reactive.
- Long: as always, I'm not here to make forecasting or prediction, but I'm only looking for setups in specific templates that play out over and over again. Bitcoin can still keep breaking higher giving a long trade back to the HOW, where the beginning of the dump started.
In the next update, I will be showing the intraday overview.
US30 Closing first red day on the NFP dayHello traders and thanks for reading and supporting my idea!
US30 is actually building an interesting template and today it could complete a weekly pump and dump template. But to understand better the logic behind this template, let's analyse day by day what happened this week.
Monday, sets up the opening range of the week, the high low of the week is now in place and overall it was a dumping day as you can see during NY session time.
Tuesday expanded the range to the downside, closing back inside the range at the end of the day. That's our box of the week, money are lying above and below these extremes.
Wednesday nothing really interesting happened, considering that the price stayed inside the range almost all the day, slightly retesting the HOW just before the end of the day, closing the day in breakout, which is very important because now, breakout traders long are in the market and potentially driving this move.
Thursday consolidated almost all the day up high into the HOW, every attempt to break higher failed, eventually trapping the traders long in the wrong direction, stopping them out at the end of the day, closing the market as first red day and with breakout short traders involved.
Today, Friday, I can see the market placing a lower low into the low of day, which potentially reinforce the weakness of this market, and it's currently consolidating/coiling just below the closing price.
Overall, we are inside the previous weekly high low range, so I will be targeting the current LOW if the short scenario is identified.
As always, the template can give a thesis but a setup can drive the move, the following notes will explain better both the scenarios.
Gianni
GOLD: First red day Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, although I'm currently looking for a short setup, I cannot exclude Friday as the beginning of a dumping phase, and the market today is potentially consolidating around the Fridays low. A re test of the LOD can setup for a long scalp.
Short: primary, considering the overall template, although is Monday and typically not really volatile, I can see this market (if setup), keep going lower back into the previous LOW. The lower low (LL) with the further intraday pump could be a great clue of this movement.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
USDJPY: First red day, Wedsnday day 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ day 2 cycle
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: n/a, currently I'm not interested in the long scenario.
Short: potential three days pump and dump template, first red day signal is potentially setting up for a sell high opportunity. No news on calendar, any setup can be presented since the beginning of NY session at 8am NYT. Is DAY 3, this market can go even lower through the LOW
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GBPCAD: First red day, Tuesday day 2Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅ day 3 cycle
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: not interested, although there is volume trap below yesterday closing price, so potentially a dump and pump of Mon and Tue, the 3 session setup is not part of my entry criteria for a long setup.
Short: primary, first red day when setup correctly is a good potential sell high opportunity. Short are in the market and Tue placed a lower low into the current LOW. Tue usually expands the range but this is not the perfect scenario.
However, if until 10am MRN release, if the market will place a current HOD, locking it, I will be willing to take a short setup.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NAS100: First red day, Friday day 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: at the moment I'm not interested, Asia and London are already pumping, I won't buy up high.
Short: primary, first red day, long traders still in profit since monday, there are still good chances for this market to setup for a sell high opportunity if after the 10am MRN the price will lock the HOD or any other important level.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURUSD: First red dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: not interested
Short: primary, first red day, short traders triggered into the market on yesterday closing day, closing as well out of balance. In the day itself the is expanding the range, I will be waiting either for a lower low on the inside (inside the daily structure), or an explosive coiling after the high will be in place and potentially locked for 30/45min
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: inside day, first red day, 3 days pump and dumpHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, the inside day can give either a reversal or trend continuation setup, depending on how it sets up. It's just broken out, eventually it will consolidate till 10:30am MRN, I would be willing to take a reversal LOD back to the HOD of the inside day.
Short: primary, potential weekly pump and dump, price currently on the backside move. Not really the 3 session setup I like to trade, but space enough to take a good RR short trade.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: First red day, day 3 breakout long and failed weekly high Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 2 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout ✅
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, I'm not really interested today in going long, however, Friday HOW failed breakout, started dumping and it could be considered as a higher high for a dump and pump.
Short: primary, weekly template pump and dump, lower low can be a sign of weakness, watching second hour NYT for down continuation.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GOLD: First red day, inside dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, considering the dump of monday, I can't exclude a 3 session dump and pump if the market will trigger the LOD of the inside day.
Short: primary, signal day, backside of the move. The best setup would be if the market place a lower low into the yesterday LOD for a down move trend continuation, after 10am news release NY time.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: First red day, as well pullback on previous weekly highHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ day 2 cycle
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside
4. THESIS:
Long: secondary, but still a potential possibility for oil to keep going higher, why? Because the market broke out the previous high of week, and now is pulling back on it, consolidating for a potential trend continuation. The 3 sessions setup could be getting ready for it, but I will prioritise the short view.
Short: primary, first red day, Monday pumping day, typical for a 3 days pump and dump. However the 3 session setup is not ready for this move, news on calendar, is a move that can be completed with nfp on Friday.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NAS100: First red dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 2 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, not my main setup, however I could scalp long if after 10am, the market will consolidate at the current level (Friday LOD) for at least 30/45 minutes for a reversal trade back to the current HOD
Short: primary, possibility to see down continuation, going to completed during the upcoming days the weekly pump and dump scenario. I will be looking for a pump and dump in my session (NY) after all the news will be release.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NAS100: First red day, on the backside
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ day 2 cycle
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, not really interested in it, unless a 3 sessions setup dump and pump is identified after 10am, not really into it today.
Short: primary, potential weekly pump and dump, currently the price placed a lower low into the LOD and started pumping up. If the price will lock the high for a reversal short trade after 10am , I will be willing to take it.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GOLD: First red day, breakout short traders in the market
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 2 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, today is monday, no news on the calendar, a day where the market will start auctioning setting the high low of the week. Not really interested in the long scenario, eventually just a 3 sessions scalp dump and pump if presented.
Short: primary, signal day, market potentially in break down, I'm looking for a pump and dump scenario, shorting back into the previous LOW, completing the big template of pump and dump.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
US30: Inside day, first red dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ day 3 cycle
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside
4. THESIS:
Long: secondary, the inside day can also be a signal for a major move trend trade, considering as well that the market is still inside the previous high low of the week. To take in consideration this trade, the market should come into the breakout level of the inside day and consolidate for 30/45 min on that level, looking for a dump and pump scenario.
Short: primary, the first red signal, typically is a short signal, the price looks at the moment pumping up 3 levels, if the current HOD will be locked in until 9:30am, I will surely be looking for a sell high opportunity.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: First red day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅ day 3 cycle
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, the market could go to retest the HOW for further move during the upcoming week, not really interested in this scenario, unless a clear dump and pump made in 3 sessions.
Short: primary, first red day, failed breakout of the HOW, potential backside move back into the LOW. However, the market is In Balance, no other time frames triggered yet. Before shorting this market I will be waiting for one of the two yesterday extremes to be triggered, looking then for a sell high opportunity.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GOLD: First red day, Three days cycle pump and dumpHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅ day 3 cycle
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, scalping CP/LOD to HOD if a 3 session setup is presented. Is not what I'm looking for today, but still a possible scenario.
Short: primary, first red day, market on the backside move, possibly going to complete the weekly pump and dump scenario. In the day, currently is pumping up, I will be waiting for an high in place (15min peak formation), high to be locked in (30/45 min consolidation up high), for a dump back into the LOD or LOW
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
US30: First red day, on the backside moveHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ day 2 cycle
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, intraday scalp LOD to CP, if the 3 session setup asia, London and NY create a dump and pump scenario.
Short: primary, first red day, backside, this market now potentially can complete the weekly pump and dump and also the bigger template of two weeks. Looking for a pullback continuation short after 9:30am NYT (equity opening)
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
US30: First red dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ no daily cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, the market could consolidated in Friday LOD, for a reversal trade during NYO or 10am. Not my best scenario of the day, but I would be willing to scalp it from LOD to CP (closing price).
Short: primary, first red day signal, false break high of the week, US30 has now a great potential to start the backside back into the previous LOW. However, the failed breakout hasn't been confirmed yet, no other time frames (daily levels) are involved.
I will be waiting for a level to be trigged, and then looking for a setup if presented.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni