here's an example of what I have on my chart for the morning lets see how it reacts to some zones. talk to you later
Bullish target reached. On the Weekly and Daily time frame we cam clearly see the high as liquidity marked BSL paired in confluence with a SIBI Fair Value Gap. This is why I was bullish this week but my early entries were destroying me having impulsive thoughts and moves that weren't correlating with the daily and weekly bias. Moving forward this week I...
As promised here are what my correct entries should have been from NOV 7th trades I took a lesson my demo account. First and foremost my bias was bullish that day from looking at the higher time frame we had liquidity sitting right above we were aiming for but what made me change my mind at the moment was a rejection of the Daily Vol imbalance marked at 8:09 ...
My bias originally was bullish looking over the weekly daily and hourly time frame, I saw what I thought was a sell opportunity from a Vol Imbalance daily time frame created on oct 19th. We opened under that this morning and I saw a great rejection off of it at the 8:09 candle lead me to believe we may have rejection there and sell. entered a sell at a 8:40...
I have two areas marked up where I would want to see price react from two areas one above where the highest BSL is and another above price now there is a volume imbalance and below we have NWOG so this morning should be interesting. Watching price
I was not really looking to trade but I did act as if I was taking a live position. after buyside was taken I was sure we could see price go lower, instead it continued up and from what I'm looking at now we may tap into a volume imbalance as a target in longs but for now we wait and watch price and how it reacts tomorrow. below is my entry for Friday in...
Hello everyone, hope everyone had a happy halloween. Nov wed 1st and week of NFP i'm def going to wait till after 8:30 am open and also may skip trading all together now that see we have an FOMC red news high impact driver today. Right now i'm only going to watch price print and see what it gives as far as where its taking liqiudity and what direction it may...
7:26 am as Im in traffic in Houston typing this its hard to determine where we are going until price opens for NY session in a few min few things to take note of, the NWOG created at the Sunday open and buy side liquidity we left behind I would like to see price tap into NWOG and see how it reacts possibly moving up to take some stops out before continuing...
Friday morning was difficult for me to predict direction knowing there was buy side from Thursday and also a Volume imbalance below from day change. Until 10:45 when price started falling and then reversed as if it wanted to take 8:30 lows and then begin to take Buy Side Liquidity but created a very obvious even and equal sell side that I liked after it took the...
Looking at price this morning and would like to see price gravitate towards NWOG. 1 of 2 things here, we have another Volume Imbalance under price now and sell side, we make take that first before moving up. 2 we may just continue down ward and finish filling in the large daily Volume Imbalance below. for now we wait for NY open and 10 am Macro.
Today I saw and noticed we had a volume imbalance and wanted to see how the market reacted no trades just watching price print. The imbalance was created Wednesday afternoon. and kept printing price lower and that gave me two things to think about. 1. price will continue the downtrend and possibly retrace for NY Session open 2. price may just simply retrace...
Wednesday I took 2 buy positions and was floating in profits then went against me and hit my SL. My thoughts in the morning - I wanted to look at longs and target Tuesdays highs as liquidity before going short for the rest of the week and target the daily BISI and equal lows as mentioned before. I was looking for a short term scalp up, but little did I...
Good Afternoon everyone ! Today we practiced patience and reading price action. I started looking at the markets at around 8:30 NY Local time (7:30 Houston time). Read where we have been consolidating for London between 4pm yesterday and 5am today and its almost as if price was waiting till 8:30 NY local time to start making a move, at this time I have no...
Looking at Sunday nights price we saw NWOG being created. What I've experienced with NWOG has been that it typically acts as a form of magnet, it will attract price to it and sometimes may have price react off of it as a support or resistance. Overnight during London session we floated above and notice how price consolidated for most of London Session, and as...
we had some sells Friday I took after it reacted to the daily FVG above and back to the weeks NWOG's 50% or CE for targets. Sunday open we created a new NWOG and I can do nothing but wait to see what this week gives us. enjoying a birthday weekend, cheers to all my traders from Houston! it is currently 12:21 am as I type this I will report back during opening bell
Good morning everyone ! Today is a bank holiday and would like to watch price print and just simply observe. As a trader we must understand that we are in the business of making smart financial decisions and growing but also conserve capital. I did outline the NWOG or New Week Opening Gap and the median or 50% of the entire gap. NWOG can sometimes attract...
NFP Friday was a day to think about protecting capital instead of gambling. As always we see what has been printed from London session and previous day. Oct 5th morning was a massive sell and then price printed up during the afternoon going into London, then consolidated and was taught that price was consolidating to wait for NFP news driver to direct price....
October 5 I practiced only one entry and done. We had news at 8:30 NY local time for Unemployment claims. high impact driver I watched price rally up the afternoon of October 4th leaving a healthy amount of buyer positions being accumulated along the way. the next morning my first thought was to wait for news to pass and see what it creates along that time,...