Wallstreet
US30: Day 3 long traders in the market, previous HOW reachedHi 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 ✅ no daily 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: primary, two weeks of dump and pump scenario has been completed yesterday at the end of the session. The market broke higher and started today dumping down for 3 level. I want to see how the price is going to behave after 9:30am NYO and news release. If the 3 session dump and pump will hold, I will be more than happy to take a long continuation.
Short: secondary, I don't see this market coming all the way back down, however, if after 9:45am a pump and dump 3 session is identified, I could be happy to scalp a 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
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
Nasdaq - We still have to be careful!TVC:NDQ is still retesting resistance after we just saw an expected rally of +75%.
More than a decade ago, the Nasdaq entered one of the most profitable and easy to trade patterns: a rising channel formation. In the beginning of 2023 the Nasdaq once again retested the lower support trendline in confluence with a retest of horizontal support and continued its bullrun from there. But currently resistance is ahead so we have to be quite careful and properly monitor price action on the smaller timeframes.
Levels to watch: $19.000, $16.000
Keep your long term vision,
Philip - BasicTrading
US30: First green 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 ✅ 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: primary, failed breakout LOW, the market looks started the backside move, long are in the market, current HOW has been triggered and now dumped for 3 levels. After 9:30am if the market will stay down low I will be looking for a buy setup.
Short: secondary, not really interested today, unless the market pumps up into the current HOD/HOW and stays in consolidation till NY opening 9:30am
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...Historically Bullish With Weekly Sell OpportunitiesNAS100 is and has continued to be a bullish instrument...what this means is that if you have entered on any LOW's on the bigger timeframes, you could have continued to hold forever and still be in profit despite the retracements on the smaller timeframes.
There have been great sells in recent times that have provided great profit opportunities, however that requires extreme skill and great patience.
While my bias is still towards the buy, I took a sell opportunity based on the fact that the price registered an all time high (ATH) on Friday June 7th, 2024)...This move will end with a HL on a timeframe bigger than the H1, hence creating another buy opportunity towards another ATH.
Friday's Sell entry was as follows:
Entry: 19105.3
TP: 18904.1
As always guys...I am not a signal service provider and there are trades that I will take an not post as time may not allow, so please do not look to me for guidance as to how I am entering or exiting...this is just for informational purposes only.
Important: NAS100 is always bullish, which means, I take Lows to Highs for buys and High to lows for sells.
Zig to Zag = Buys
Zag to Zig = Sells
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
You can check my video profile to see a visual explanation entitled "NAS100...The week Ahead 6/9 - 6/14/2024"
S&P 500 Daily Chart Analysis For Week of June 14, 2024Technical Analysis and Outlook:
The Spooz achieved the designated downside target of Mean Support 5325 before ascending to fulfil two significant milestones: the Inner Index Rally 5408 and the subsequent Outer Index Rally 5450. Presently, the index is poised for upward movement, with two distinct targets: the Inner Index Rally 5480 and the subsequent Outer Index Rally 5560. In a downward scenario, it is anticipated that Spooz may test the newly established Mean Support level of 5401, which is expected to catalyze reigniting its bullish trend.
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
S&P 500 Daily Chart Analysis For Week of June 7, 2024Technical Analysis and Outlook:
In this week's trading, the S&P 500 hit our anticipated resistance level of 5323 and retested the completed Outer Index Rally of 5342. The index is prone to drop to Mean Sup 5325 and possibly to the next level of Mean Sup 5285 before continuing its journey to the next Inner Index Rally 5408.
APPLE (AAPL)Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment
40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too
Apple price showed a good reaction to 135 support and now heading to 149, for Scalpers breaking 150 resistance can be a good long opportunity and for investors AAPL still can back to 125$ levels so
there is no reason to fomo
S&P 500 Daily Chart Analysis For Week of May 31, 2024Technical Analysis and Outlook:
In the shortened trading week, the S&P 500 hit our expected resistance level of 5323 and promptly fell as part of the renewed upward movement toward the support level of 5257 and the nearby support level of 5221. A solid upward bounce is on its way to target our newly identified key resistance level of 5323 for the upcoming trading week.
S&P 500 Daily Chart Analysis For Week of May 24, 2024Technical Analysis and Outlook:
The S&P 500 reached our projected Outer Index Rally at 5342 and then quickly retraced as part of the primary reignited squeeze move path. It is unlikely that it will drop to the primary down target Mean Support at 5221. However, it may continue to advance towards the completed Outer Index Rally at 5342, the Inner Index Rally at 5408, and the next Outer Index Rally at 5450. The secondary reignited squeeze triggering points are at specified destination pinpoints.
S&P 500 Daily Chart Analysis For Week of May 17, 2024Technical Analysis and Outlook:
In the S&P 500 Daily Chart Analysis for the Week of May 10th, it was observed that the market successfully retested the Key Resistance at 5260 and the Outer Index Rally at 5280. It is suggested that the Outer Index Rally at 5342 will be reached after hitting the newly established Key Resistance at 5314, followed by a potential move to the primary down target Mean Support at 5221. Additionally, there is a possibility of further advancement towards the Inner Index Rally at 5408 and the next Outer Index Rally at 5460, with the secondary triggering points at destination points.
GME: History Repeats Itself | 61.54% Potential ReversalGamestop Corp (GME) has been a hot topic in the financial markets, and it seems history might be repeating itself.
After a significant drop, GME has shown signs of a potential reversal, with technical probabilistic indicators are suggesting a bullish trend.
In this trade idea, I will analyze the current market conditions, key levels to watch, and a potential entry and exit strategy for GME.
Key Points:
GME has experienced a considerable decline in recent months, which may be attributed to market volatility and investor sentiment.
My FREE OrderFlow indicator is indicating a bullish trend may be on the horizon.
This probability analysis suggests price rejection at the 0.5 level, which could serve as a potential entry point.
The 30m buyside liquidity level could act as a potential target for short-term target while the 1W buyside liquidity acts as long term target at $120.
Entry:
Wait for confirmation of a bullish reversal, such as a break above the 0.5 Fibonacci retracement level or a strong bullish candle on the 30m chart.
Set a stop-loss order below the recent sellside liquidity on 30m.
Exit:
Consider using a trailing stop-loss to protect profits as the trade progresses.
Risk Management:
Ensure that the trade size is appropriate for your account size and risk tolerance.
Use proper position sizing to manage risk effectively.
Monitor the trade and be prepared to exit if the market conditions change or the trade setup fails.
Please note that this is not financial advice and should be used for educational purposes only. Always conduct your own research and analysis before making any trading decisions.
US30USD LongThis index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade.
Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2.
Kindly remember to risk 1 - 3 % of your account.
US30 HARMONIC PATTERN AND RESISTANCE ZONEThe US30 has formed a compelling harmonic pattern, displaying a distinct W pattern that spurred the recent rally. The resistance established at the peak is pivotal, as we anticipate a reversal when the price reaches that level. This is also where we anticipate the completion of the right wing of the harmonic pattern.