In this last video I explain the long that you could have taken today on YM.
In this video I describe how and why you could short YM today on the 28th Feb 2023.
CBOT_MINI:YM1! In this video I explain exactly how you would trade one of the three trades that you could have traded today on YM using ICT concepts taught in his Mentorship 2022 and Mentorship 2033. I am by no means an expert or even a long term profitable trader. I am quite a bit of a gambler but I am working and studying ICT full time. It works and it helped...
I would expect that they will take the market higher today on monday, to dump it hard on tuesday during the FED and FOMC announcements.
Wait for price to take out the short term low and then trade into the fair value gap (ICT) I will personally trade this as a short term trade with SL above the high at 1% risk
If the stops above the line on my chart get hit I am selling 20 lots on a retest.
My expectation for today with Powell's speech. I believe the market has to take out all the profitable shorts from last week and then drop further. Right now the situation looks like Buy Buy! Everything is good. The sheep are being lured into the slaughterhouse.
Inverse head and shoulders pattern on SPX. Also known as the penile pattern.
The more I study BTC the more I start to think that BTC practically never moves on it's own. If you look at the chart, every time that BTC topped the US dollar index made a signifcant local low. I think this means that it's not the average Joes buying BTC that make it move. Also, look at the correlation coeeficients, DXYBTC tends to be negatively correlated...
Inverted bitcoin. (colors inverted as well) Seems like the "support" about to be broken and trend continue "downwards."
Longing BTC now. The ATH will be revisited in 2021. - Accumulating below the 200 Ema on the daily Read the chart for more reasoning. Good luck and good trading.