AMPlifiedtrader

AMPlifiedtrader

Few things at play today...1) 2820 magnet impacting price gravitation 2) Price currently creeping in the upper "extreme" section of the larger time-frame wave per MP... The price magnet rules all but price itself will need to decide if it is time to trend or to rotate back to "value". 2789 Holding Zone will be the line drawn in the sand for today. Above that is all Bull.

AMPlifiedtrader

2820 is the Bull's target and price magnet. We love seeing these large quick spikes because we all know what they lead to. But for now, look for last week's optimism to carry over into the early part of this week. Swing high potential later this week

AMPlifiedtrader

TGIF. Happy NFP. Bull domination. Resistance is futile...and non-existent.

AMPlifiedtrader

Typical back and forth price fluctuation in "value area" of the 2647-2787 larger wave. Price stayed "contained" in Wednesday's trade. Thur appears to open above that first gate (to 2820). Today's strategy is to think small to big with much potential to get behind a "runner". Bears need to defend 2740 zone. Above that is free money. Bears will also regain momentum...

AMPlifiedtrader

2018 is the year of ES. Great moves overnight, great moves during the day. Today's setup is a consolidation play. We see our barriers (bull/bear zone). If those are broken, I expect price to stretch, whichever direction that will be. Randomness will decide that for us.

AMPlifiedtrader

Bulls haven't forgot about their 2820 magnetic target. They are drooling at the thought of getting there. Bears need to defend 2740 Bear Zone today if they want to put up any fight. No real resistance up beyond that way. 2646-2790 is the current wave to work off of per Market Profile. Price attempting to get over that "value hump" to the upside. This is the war...

AMPlifiedtrader

Happy NFP Week! 2790-2645 is the current wave we're working off of per Market Profile to start the week. Bigger picture 2530-2790. Prior looks to be bid while the latter lurks in "value". TA 101 hints to us that price should catch a bid today. 2689 Bear Zone is not an attractive short if we end up getting up around those parts.

AMPlifiedtrader

There is fear in the air. Bears of all kind (polar, grizzly, and Chicago) have united and launched their attack. If Bulls are unable to regain control of the Holding Zone area then the Bears will continue their onslaught...and an onslaught there will be as 2620 will be their next target. Coincides with the bigger picture price range we are in per Market Profile in...

AMPlifiedtrader Updated 

ZNM SWING TRADE 3/1/18 Shorted 120-18 Initial Stop: 121-10 Target: 120-00 Trade Expectancy: win 0.756838906 scratch 0.209726444 loss 0.03343465

AMPlifiedtrader

25 point range overnight. Enjoy this volatility. Bounce from Bull Zone overnight but Bulls shouldn't get too excited. Beware that Papa Bear speaks again today. Papa Bear is like the friend that brings a bottle of Malort to the party. No one knows much about him but he knows how to party. Would be a very fun day to see an upside range extension from overnight...

AMPlifiedtrader

Reaction to Papa Bear yesterday fell in line with what's been his trend. Every word he speaks, a 1 lot gets added to the offer in the Spooz ladder. Today is a new day, while he speaks again tomorrow. Cash opening in "value" area this morning per MP aka 50/50 probability area for the Math peeps aka scalp session. Bigger picture still hanging in upside extreme value...

AMPlifiedtrader

The march to 2820 continues. Jerome Powell (AKA Papa Bear) speaks today which will hopefully get things moving. The market is still nervous about him and nervous is good for all of us so let's hope for more nervousness. Many bears have died the past few trading days...there are a few that remain who are holding on tight to their lives. Late bulls shouldn't be...

AMPlifiedtrader

TGIM. Big week for Powell. He'll be doing a lot of talking and the market will be doing a lot of listening. There is no resistance before 2820 and Bulls are dying to get there. Magnetism is a powerful thing. There are still many Bears that need to get burnt.

AMPlifiedtrader

TGIF. Holding Zone/Pivot Zone game today. Virtually no resistance to 2820. We haven't experienced an upside "Trend Day" per Market Profile in over a month. We are overdue. If Bulls are unable to get above the Holding Zone then we know our downside targets. 2680-2755 is our shorter time frame wave/distribution per Market Profile. Price is dying to break out of this...

AMPlifiedtrader

Bulls meant business overnight with their +20pt bounce. That Buy algo loves lower prices to scoop. Typical action seen in the past 18hrs: late bulls get burnt, late bears get burnt. Would love to see a volatile day today. The key levels to watch/trade are the 2720 Bear Zone and the 2687 Bull Zone. Use them as targets, use them as pivots, etc. They are the "range...

AMPlifiedtrader

32 Bear zone yesterday saw itself penetrated to the upside but was then quickly penetrated back below which is very bearish and gave us all +25 points (and maybe more). Fed minutes today should be less relevant than usual as it comes from Janet's last and final meeting. We don't care about her anymore, there's a new Boss in town. So far, ES is nervous about HIM....

AMPlifiedtrader

Quiet week ahead on the economic front. Profit taking seen last Fri and has carried over into the holiday and mon evening session. 32 bear Zone forming overnight so we'll need to keep an eye on that. Above that area, there is no resistance before that 2820 magnet zone. Bulls will be buying dips, if any, with their hands wide open.

AMPlifiedtrader

Good news/Bad news (for us day traders/scalpers). Bad News: the "buy,buy,buy" algo is back and in full effect. Good News: we know how to trade it. Bulls have reached their 2730 target and then some. Wouldn't be surprised to see some profit taking today. In the bigger picture, their next target is 2820 and there is no real resistance in the way.