mellow_trader

mellow_trader

1. i like this gap over friday 2. above weekly 3. will take targets at monthly

mellow_trader

1. MONTHLY - nice double top and break of higher low --> now testing higher low 2. WEEKLY - following trendline down 3. DAILY - looks like a megaphone is forming...nice trapping inverse hammer I'm looking for the gap to fill and then dojos or wicks...any weakness under that monthly line before more shortage

mellow_trader

1. MONTHLY chart has stacking 'inverse hammers' 2. WEEKLY chart - solid double top formed 3. DAILY chart - nice selling that broke the MONTHLY-WEEKLY opens 4. last 3 days pennant forming (nice compression) I like this setting up for a breakdown...the next close below 15.83 will probably send this down to 12

mellow_trader

this is my favorite today -below prior days range -just below monthly open now

mellow_trader

OMG what a massive gap -i like the MONTHLY_WEEKLY between my entry and STOP - i want the gap to fill and the bounce

mellow_trader

-above MONTHLY-WEEKLY open -yesterdays candle trapped sellers & we're still above inverse hammer -huge volume yesterday -the blue zone has been strong support from multipe prior bounces...NOW we're right at it i think we chop a bit before we break out of this area

mellow_trader

im gonna wait and see -i want us to chop for a minute... -see some exhaustion volume... -then start to fill gap and i can get some entries

mellow_trader

-above the daily-weekly open -below monthly open i think we'll form a nice wave here...and looking for strength after open

mellow_trader

-strong reject from monthly open -hovering over daily-weekly open -i'll consider small positions with hammers and dojis down here

mellow_trader

-below the daily-weekly open -hovering around monthly open -bounced several times from this zone before buy the dip?

mellow_trader

MSFT 1. over the trendline 2. above DAILY-WEEKLY-MONTHLY OPEN 3. expecting some rejection from 250 4. expecting buying area around weekly open Looking for retracements before going long

mellow_trader

i like this hammer and small pre-market gap up...would consider a retracement entry

mellow_trader

i like this... -above daily-weekly-monthly -3rd or 4th test of 38.20'ish -grey zone --> price area magnet

mellow_trader

this is above the DAILY-WEEKLY-MONTHY open and just had a nice high volume burst up...will look for limit entry

mellow_trader

this doji day after teh gap down - it closes with huge volume...now what? i have long bias...but, i wanna see a break from the doji range before taking a position

mellow_trader

price has been expanding , day by day, since wed. And fridays close trapped two days worth of sellers. I think we move up ...will watch for some retrace entries

mellow_trader

with the close from friday - we have two days of trapped sellers. i expect a move up. will look for a retracement after a move

mellow_trader

1. above the monthly-weekly-daily opens...Green all around 2. nice close above trendline 3. double bottom'ish 4. nice volume from friday I like this for a retracement entry