Macks_MoneyTree

Macks_MoneyTree

I tried to play calls at this decisional demand zone but cut early. Our sweep of our decisional demand could not get us above $30.19 so I'm expecting we drop further to demand starting at $29.60. I'm hoping see a bounce at $29.50 playing out to get us back to the highs around $31.

Macks_MoneyTree

Not my best path drawings but I do think that anything above $170 seems like a great shorting opportunity, the lows at FWB:124 would be my target. I'd like to see if come to $170 and sweep supply or come to the highs at HKEX:176 and sweep that area. If we sweep HKEX:176 , I think it will be the best potential entry if this does prove to be bearish. **NFA

Macks_MoneyTree

Another trade idea using pure price action. Building an extremely nice triangle with liquidity and looks like we've already mitigated both of our demand zones. I think a break over HKEX:186 should get us to $190 over the upcoming days.

Macks_MoneyTree

XOM has been ranging for a few weeks now, Getting back towards the HKEX:114 lows and it looks like that we have taken some liquidity and tested demand. Ideally, I'd grab a position from this demand zone but we will see what tomorrow brings us. Definitely wouldn't fight that HKEX:117 top and should be used as a target or potential short.

Macks_MoneyTree

Getting some more ICT practice in on crypto. Right now, I'm tracking a potential rejection around TSE:2130 to get target the lows back back down at $2050. Got some ways to go before the short makes sense though.

Macks_MoneyTree

Still refining the ICT strategies I'm learning to incorporate into trading but as of right now, SPY on the higher time frames is in an uptrend but on the short term, internal liquidity is trending down, imo. With equal lows at HKEX:410 , it seems way likely that we take that liquidity to get us to HKEX:408 , where, if we can take liquidity can get us from ...

Macks_MoneyTree Updated 

Trying to redeem myself from earlier this week and being wrong on XOM. Currently have supply right around $116.85 but we did close a candle above the high signifying a potential upside move. However, it looks we are taking sell side liqiduity in this supply zone and should have enough momentum to take us down to $114 and possibly the low at $113.

Macks_MoneyTree

With this pennant structure forming and demand under $116, I think we get a pullback into the demand zone sometime tomorrow upcoming days to push us to $118+.

Macks_MoneyTree

I've got a supply zone staring at $394 that I think will serve as a temporary top for the remainder of this week. We also have a strong resistance at $393. I may look to enter puts but I am more likely going to try to play UVXY calls with the extra volatility. I'm expecting this to get under $380 fairly quickly and ultimately down o $378 where I see a gap.

Macks_MoneyTree

After capturing liquidity above $410 I’m extremely short biased as this forms a potential head and shoulders setup this week. I see a broken demand zone that we haven’t retested at $408.25 but I do think bulls can likely retest $410 before a big downside move. If we start to break $410.30 I’ll throw my bearish sentiment out and consider longs. If we confirm this...

Macks_MoneyTree

$21.25-$20 is where I'm looking to load up on calls before earnings this Thursday. Good luck everyone!

Macks_MoneyTree

$21.25-$20 is where I'm looking to load up on calls before earnings this Thursday. Good luck everyone!

Macks_MoneyTree Updated 

If you know me well, you know I HATE trendlines but the bull flag on the hourly is looking quite nice. Look for a retest around $6.00-$$6.05 for buy positions. Looks like we started around $4.50 to get us to $6.70. If the lower end of the bull flag is $5.70 then we should be able to hit $7.70+ easily either after earnings or in the following days/weeks.

Macks_MoneyTree

Doesn't look too good from a weekly time frame expecting. I'm hoping to show the $408 area the next few days/

Macks_MoneyTree

Inside daily candle is not something you want to see if you're thinking upside. I'm expecting a potential bounce at demand around $406, but I think we could go as low as $400 before the end of this week or sometime next week. Not entirely sure how to play these but I think consider entering puts under $409.70

Macks_MoneyTree Updated 

I have been patiently waiting for a break above $114.16 on XOM. (Typically very even level resistance and support levels are great traps to reverse us the opposite direction of the initial breakout) When we got it we immediately fell below on the retest, leading me to believe this is a false breakout to trap buyers from more volume based on earnings. Additionally,...

Macks_MoneyTree

Looks like we rejected the level and bounced at $400, all levels worked very cleanly.

Macks_MoneyTree

For those trading AAPL this week, earnings are this Thursday. I have supply at $146.60-$147.25, if we break above this zone I will look for a retest of this level to go long. I'm looking for $143.30-$144 to serve as our demand zone. Otherwise, there is a gap to fill to $141.87 on the 5m chart (not shown). Left Chart Indicators: 15 minute - 9 SMA: Yellow -...