20240531 pre market



News
we had price index
09:45 pmi

Condition 1
Imbalanced down

Condition 0
the on explored lower but comes strongly back after numbers
otf down could be in challenge

Thoughts
the rth h and gap close is my line in the sand
above there should appear more covering
below nothing has changed and rallies are sellable

trades 0531



I feel decreasing risk tolerance as is want to have my monthly result in the book. So i finish the day.

My market and trading model




It is simple but it is not easy
The good thing is that there is a finite number of things that can happen and these things happen again and again
It will become easier with practice, practice, practice

potential spring on the daily



Today i had technical issues

At the moment the market holds higher prices which is bullish and gives us potential for a "spring" on the daily

20240605 pre market



News
numbers at 9:45 and 10:00

Condition 1
yesterday was an inside day
Market is attempting to go up
Only accepting below mondays high would change the tone

Condition 0
Open with gap up
Open at the top of the onr
oni is long

Thoughts
Pullbacks should be buyable as long as we do not accept back in the outside day

trades 20240605



Thats why i call these 10:00 numbers "shake out news" :-)

20240606 pre market



News
tomorrow nfp

Condition 1
Market is imbalanced up and reached the ath yesterday

Condition 0
the onr is flat and all above the old ath

Thoughts
The market is clearly up
after yesterdays trendday we potentially need some time to balance
time for smaller scalps after yesterdays trendday

nothing to do



Sometimes the market has to break before it can rally
I would perhaps buy a break at the onl
But will finish the day soon

20240607 pre market



News
we had nfp
-

Condition 1
Market is imbalanced up
seems to balance a bit

Condition 0
nfp shaked above and below y range
for now i see no danger for the bulls
this would change if we take back more and more of the trendday

Thoughts
Let it calm down a bit
Look if the market offers a good opportunity
If not, no problem, enjoy the weekend

trades 20240607



Comfortable end of the week for me