TakeProfitTrader

04:37

TakeProfitTrader

A nice trade overnight based on the footprints the market had built. I'm looking for yesterdays weak high to be taken out and then see if the sellers can push back at that point. If not we are probably looking at all time highs again, but I would be cautious as we have not really done anything other than go back to the high of the value from September 4- End...

02:32

TakeProfitTrader

Yesterday is a throw away day. We are still inside of fridays range, big targets being 3000 above and the area at 2952ish below. I think the line in the sand today is 2963, if we fall below that i think we run quickly to the area at 2952. I would expect VPOC from friday to act as some resitance above. If the market pushes through it, I would be looking for...

05:06

TakeProfitTrader

Market pushed back into the previous acceptance area, beginning at 2960's in the overnight session. I would be looking at longs on a pullback for a ride to 2980, 3000 as the extended target. The idea is wrong in the mid 2940's, IMO.

03:25

TakeProfitTrader

A lot of movement overnight, but it was all based on the china news. After all the smoke cleared, we are right back in the place we were to close yesterday. I would expect the market to go back and forth between 2900 and 2921. Don't get caught chasing the market. If one side is dominating the action, try to get back on pullbacks and not when teh market "LOOKS...

02:45

TakeProfitTrader

Market really struggled yesterday after initially pushing to the previous day's value high. However, on the morning ideas yesterday, I spoke of the 95 area and we did indeed get a nice bounce there yesterday, only for that bounce to fail at the end of the day. I see this market having trouble holding on to higher prices, and would expect to see some weakness...

05:17

TakeProfitTrader

I missed my entry last night by 1 tick. Market clearly rejected the 2960 area. I would stay on the short side, esepcially if we get a bounce towards 2035 on the open. Below I'd be looking for 2895 as an area of interest.

02:46

TakeProfitTrader

The market did a lot of what was expected yesterday, but we sunk a little further down than expected. This was news based, and can never be predicted. However, the market quickly shrugged off the news and returned right back to the scene of the crime and ended up heading towards the resistance area at 2917ish. Today I will watch the open intently to see if the...

03:08

TakeProfitTrader

After two strong down days in a row, I think the market is poised to take a breather. I am looking at the areas between 2915 and 2880 as the areas that the market will pinball in between.

06:39

TakeProfitTrader

In this video I explain a bit about the importance of where value is building. It's the best way to be objective about the market and remove opinions on what you think the market will do. Let the market dictate where it finds value and follow the value. I will be making some changes to the members area shortly to simplify some of these concepts for you.

04:54

TakeProfitTrader

Detail on why I put my stop where I did and my thought process.

04:22

TakeProfitTrader

After the news of impeachment yesterday, the market took a nice 50 point dive. It ran my trades over, and I took a loss yesterday. I would expect some continued weakness on the open, but I would expect the market to be bought later in the day, especially around 2940 area.

03:16

TakeProfitTrader

Looking to play the long side on a pullback to yesterdays high volume area. Will add some more lower. Long is wrong around 2980. Targets above are 3020.

02:51

TakeProfitTrader

Bottom end of acceptance, if the market pushes through, I would expect low 40's. Still want to be long though.

02:47

TakeProfitTrader

Throw the technical levels out, this willi be a battle of the titans. With all the weakness, the bounces will be big, but likely unsustainable. I think (and what I think doesn't matter) that we will try lower again before we're done. I'd be looking to short bounces.

05:05

TakeProfitTrader

Lots of selling overnight. key area at 80-75 below. If that doesn't hold, look out below.

04:40

TakeProfitTrader

Hey guys, Morning ideas weren't downloading properly yesterday so I apologize for not having a video for the morning yesterday. In class, we talked about it being a toss up on the open and it was best to take a wait and see approach, with an eye on 3010 as the breakout area. Well, we ran right to that area on the open and sat there. Glorious opportunity and...

02:45

TakeProfitTrader

Looking for some fill in today, going to play the short side!

05:55

TakeProfitTrader

Was wrong about the bounce on Friday... Well not completely wrong, but I didn't capitalize on the uptrend early in the day. Capped off a poor trading week for me as I was trying to will the market higher. New week, and expect it to be noisy. 2993-2960 seems to be the area of interest this week. I think the line in the sand for the bears is the high from...