LionLazzari

LionLazzari

15TH OF AUGUST – 1ST ENTRY (ES Futures Contract) I started to build my swing position by shorting the market at 4275.00. At the moment I’m risking 0.25%. I’m 25 points away from my entry targets. The reasons for an early entry are: 1. Overall weak Market Structure (last 2 month-rally). 2. Weak liquidity on 4 Consecutive Days. This is suggesting me that we might...

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LionLazzari Updated 

This video was a short synthesis of my swing trading approach. For the amount of information I presented, I'm not expecting to successfully being able to convey my means and ways in one short video, but I'm glad if I could at least show a different perspective. Some important things I forgot to mention: - The tolerance for identifying a visual weak liquidity...

LionLazzari Updated 

Usually the 5th Elliot Wave signals the end of a trend, like in this case. We then had the market forming a possible Head & Shoulders just under the trend-line of support. We have a strong area of congestion shown by Volume At Price (VAP) where I can put the Stop Loss. This area makes me feel quite comfortable because is not easy to break. Even though, this could...

LionLazzari Updated 

After a quick look we may be tempted to enter a short straight away, but we need to be careful. It's not a good time for a short yet for 3 reasons: 1) We are visiting a week resistance level (BLUE RECTANGLE) as shown by our Volume At Price and with a shooting star above average volume as you can see from our Volume Price Analysis. (HIGH VOLUME WOULD BE...

LionLazzari Updated 

There's a possible head and shoulders that is forming. After that I aspect the market to spike up to at leats the 50%. However, I feel safer when the market reaches the 61% because there are just less drawbacks. On a spike up I would be very comfortable because this shift in momentum or head and shoulders is on a very strong area highlighted by our Volume At Price...

LionLazzari

USDJPY has been in a congestion phase for almost 2 years on the weekly timeframe. We can see multiple touches both of the resistance line and of the support line and a Fake Out. In the previous weeks we tested the resistance line again with a shooting star with above average volume (VPA). Stochastic shows us that it was overbought on the weekly time frame. Volume...

LionLazzari Updated 

There's a strong resistance area as shown by the 3 touches of the resistance line. Our Volume At Price (VAP) gives us another view of this strong area. Here we are waiting for a break out of both the trend line and the support level. If we'll see that break out, a test of the support level would be the safest point to enter. Everything needs to be validated by...