UnknownUnicorn253835
The market is in consolidation mode, i will wait for the market to make a move to either side before taking any trades, at this point is very hard to predict what the market will do next, however, i will be looking for some scalping opportunities. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR...
Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
What a drop in the markets, the NQ stopped right at the support level, if we can get a rally, the R1 - YH zone is going to be a good place to start some short positions, and if the market keeps moving lower i will be looking at S2 as a place to take some longs. Please keep in mind that these are not trading signals, use your own analysis before taking any...
Friday was a great day for us, we were able to take a short at R2 for a nice daytrade, i hope you guys were able to take advantage of the trade as well. Moving forward the market keeps pushing higher but we expect a correction, if that is the case we will be looking for longs around YL (6736) where there is a support level from a previous structure, if that level...
As i mentioned yesterday 616 was a good place to start some longs, it worked out great, too bad it was in the premarket hours. Moving forward tomorrow we have 760 to 772 as a resistance area, if we break that we might see 800 or even higher, if that's the case i would like to take a short position at R2 around 823, in the other hand if the market drops i would be...
A lot of buying after the opening bell and we had a gap up, which means that there is short term momentum to the upside, therefore, tomorrow we will be looking to buy the dips, i like the PivotPoint as a buying entry, in that area there is a structure level as well. Please keep in mind that these are not trading signals, use your own analysis before taking any...
The market keeps pushing higher, therefore we are looking to buy the dips if possible, price is above the ascending trendline, and it has some support around 640 which it would be a nice place to take some long positions, and if price keeps dropping 616 is also a good place. Please keep in mind that these are not trading signals, use your own analysis before...
We are in a consolidation period, a break of 6640 on the upside or 6530 on the downside might change things around. The other indices are pushing higher, therefore, we might see a move to the upside tomorrow. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
We had an inside bar on Friday, with a small range.
Double top around 61.8 fib, let's see how low can we go from here. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
Wednesday was a crazy day for us in the market, we had a couple of losing trades, but that is ok we were in the green by the end of the day, and everything thanks to our trading plan. tomorrow we will be looking to take some shorts around the 61.8 fib level if the market keeps pushing higher, in the other hand S2 looks like a nice place to take some longs. Please...
I hope you guys had a great day in the markets, not much has changed for tomorrow, we still have the 61.8 fib on top of us, which could lead to a small correction, for now buyers are in control in the short term horizon, therefore, its safe to buy the dips. Please keep in mind that these are not trading signals, use your own analysis before taking any trades....
So yesterday i was expecting a rejection from the 50% level area, too bad it happened in the overnight market. Moving forward I can see that the market is pushing higher, i will expect a correction, but if the market keeps pushing higher i will be looking to take some shorts at the 61% fib level, which in this case is really close to R3. In the other hand, 6400...
I wish you guys a happy new year, I hope you were able to enjoy your holidays with friends and family. Coming back to the charts I see the 4H chart coming to a previous structure at 6480, also we have the 50 fib level around 6494, this might be a nice zone to start some short, and if the market starts moving lower i like S1 (6296) to start thinking on taking some...
The nasdaq is at the bottom of the 2H and 4H channels, i will expect some kind of correction for the end of the year, maybe to 6550. For tomorrow 6426 is going to be the first place to look for shorts, and of course, if markets push higher as i mentioned before 6550 would also be a good place to start some shorts. I will also be looking to take some longs,...
what a day, Fed days are usually slow with no volatility, but today was quite the opposite, a lot of volume in the morning and after the announcement. Moving forward i will expect a correction, currently, we are at the completion of an AB -CD pattern at 6288 and also we are at the bottom of the descending channel. Please keep in mind that these are not trading...
Nice volatility in the markets today, we will expect a little bit of the same tomorrow, but we do have some news from the Feds coming this week, and that might change the speed of the market. For tomorrow i like R1 as a nice place to start some shorts, and if the markets keeps moving lower i will be looking to at S1 as a possible place to take some longs. Please...