BTC still expecting more upsidelittle more upside before capitulation dump in mid october. 20117 is my short target
OB
SPX top down short 9/29/22So far we've rejected the weekly high and pushed down into the LTF points of interest. Going into the premarket and NY session I'll be looking for signs of rejection to return to the upside or a continuation of the overall trend.
Mostly favoring a neutral to bearish point of view on this but I don't mind reacting on movement to the upside for a buy if the level 2 data confirms it
BTC second distribution about to take placeabout to get another distribution before a capitulation event in October. easy fade imo
Top Down 9/28/22So today I won’t be trading, I have physical therapy, but this is my 4H chart and this is what I’m looking for. I’m looking to see if we are going to trade above the daily into the FVG (Lemme see if you can spot it). If we do, I’ll look to try to take a sell from that area or at least look to get a response in that area. I won’t actively be able to reach out regarding any trade that is activated, so I hope that you guys take a vantage of the chart. I did post a video but it looks like it hasn’t loaded yet and I’m already away from home.
4H SPX
EURUSD interesting analysis that I was able to take while sleeping with a limit order it was really very accurate I think that one of the things that helped me was the use of a vpn at 2 ms speed
yesterdays move got distributed MMRI spiked to 280 today. if they distribute one more time i'm opening a large short position
SPX Sell 927/22 Good WinSmall Sell on SPX with a gain but nothing big
3708 entry
3716.50 SL
3691.90, 3680, 3673.70 targets
Since we're ranging I decided to sell the highs. we did make it to my first target which was basically the weekly opening price and I adjusted my SL into profit.
Price pushed back up to take today and yesterday's high out and ran back down to target 1 again. Added back on near my SL but already at BE with no complaints.
Second entry
SPX Top Down Analysis 9/27/22We are trading within a range near the most recent low on the daily after a big move to the downside. Definitely still overall bearish but we are trading into HTF points of interest to the downside, basically buy to sell setup's in the making. Missed the trade yesterday off of the range high but that's okay. Lots of news today so I won't be so quick to pull the trigger and just be more reactive today.
7:30am
USD
Fed Chair Powell Speaks
8:30am
USD
Core Durable Goods Orders m/m
0.3% 0.2%
USD
Durable Goods Orders m/m
0.1% -0.1%
9:00am
USD
HPI m/m
0.0% 0.1%
USD
S&P/CS Composite-20 HPI y/y
17.1% 18.6%
9:35am
GBP
MPC Member Pill Speaks
9:55am
USD
FOMC Member Bullard Speaks
10:00am
USD
CB Consumer Confidence
104.0 103.2
USD
New Home Sales
500K 511K
USD
Richmond Manufacturing Index
-10 -8
SPX 9/26/22 No new entries so far So far no new entries on anything today and I'll probably leave it that way. We have had a confirmed response to the +OB and the +FVG after opening up the week to the downside. That said, we are still heavy and holding within a range (3704.10-3657.90) for now.
10:00am
USD
FOMC Member Collins Speaks
4:00pm
USD
FOMC Member Mester Speaks
These two news events are going to likely drive us for the day so I'll likely hold on for those and look for a response to whatever POI we are near at those given times.
SPX
SPX setup 9/23/22Looking for a retracement at this area for rejection and continuation.
No reason for us to move higher than this but if we do the A/S range left a FVG, an -OB, TDO, and the daily open as supply.
Going to be waiting for the times & sales to show the entry. The pass few days NAS has shown all the order flow except for the afternoon entry on SPX.
Projected low from daily fib level
End of the week so the risk will be reduced and no trades will be at a risk of more than 0.25% for the total of all trades entered.
SPX EOD day order flowWe got a sell off at the end of the day to close out today.
Just before the close, we had an order to the down side of over 70k between the daily open, the -FVG(L) price 3790, and a small -OB
At the level we saw definite follow through from that point on and near the daily lows at 3748.50
SPX neutral with a bias to the downsideAfter yesterday's drop that hit my 3770 target, we are holding near the weekly lows in discount. On the LTF the buying started in A/S sessions on through London session to take out some on the short term price imbalances.
Last POI was a reaction off of a -FVG that can be seen on the 15m and 1H charts. We will need to see if the fresh +FVG (not noted but its there on the same charts), the A/S session range, the DO, or the TDO holds up, else we continue down for the day. There's even a +OB at the 2:30 candle on the 15m, so I'll definitely be watching out for these +POIs.
The unemployment claim release at 8:30 is a good catalyst for a decision on the move today and that's where I'll be focused in on. The forecast is for higher claims and I am in agreement with that but I'll be patient in my bias.
Terms:
LTF: Lower Time Frame
POI: Point Of Interest
A/S: Asian Sydney session
-FVG: Bearish Fair Value Gap
+FVG: Bullish Fair Value Gap
DO: Daily Open
TDO: True Day Open
+OB:Bullish Order Block
S&PUS500 SHORT TERM BUY TO SELL BIAS DRILLExpacting price to fill the IMB short term BUY and move for the low Resistance LQ pools on the down side or Expect BIG sell without refilling the IMB
SPX setup 9/20/22Trading inside yesterday's move up and near the weekly opening price.
Currently inside a 15m+FVG on no volume so I'll be paying attention to this area for the time being. The times and sales and level 2 aren't showing anyone big trading for now, so we wait.
I'm neutral to bullish for the short term but if we trade near the daily and the 15m-FVG and reject, I don't mind reversing the position in the opposite direction.
US30 into the Fed rate Light news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:
1) We see priced in data and a direction chosen into the lead up
2) We see price stall out until we enter the day into the rate release.
This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.
NAS 100 into the Fed Rate Light news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:
1) We see priced in data and a direction chosen into the lead up
2) We see price stall out until we enter the day into the rate release.
This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.
SPX trading into Fed rate releaseLight news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:
1) We see priced in data and a direction chosen into the lead up
2) We see price stall out until we enter the day into the rate release.
This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.
EURUSD LONG TRADE IDEAEURUSD just fell massively. A good level to look to buy is the 0.99740 to 0.99420 level. Target is the 1.00337 level. A short retracement is expected to happen at the stated levels. Hence looking to take advantage of the levels.
Gold. Its OB, And more importantly where its CHoCH? 9/Sept/22Gold. As a “contribution” to tradingview ( many thanks to tradingview for providing such a good free charting platform) community ( Today I’m going to share my own interpretation of OB ( order blocks), and most importantly where is the “exact “ location/pivot/level of CHoCH ( change of character)?. A concept with BOS ( break of structure) which has been used by advanced naked/ Price action trading traders without any indicators. . It will cut “novice traders” learning curve from 3-5 years even 10 years where they are searching for “holy grail “ trading system/indicators..The biggest question for this concept of trading will be “where” is the exact location of CHoCH? ( change of character = change of “previous underlying trend” )..The “ANSWER” is! = at subwave b of any last leg of impulsive wave which is wave 5. < p/s unlike conventional Elliottwave rule there is ONLY abc subwaves “inside” any impulsive wave..> Last but least many thanks to @makuchaku and @Efe for coding the such a great “super OrderBlock..” script/ indicator which help us/traders to “visualize “ where is OB, FVG Although we still need to find where is “CHoCH” “manually”..
Liquidity Taken, FVG on 5min, London Killzone, Sellside Aiming🔥GBPUSD today.. a beautiful setup that is highly probable.. consider it on your own risk...
