20240129 pre market



News
big tech earnings this week starting tuesday after close

Condition
3-day-balance > balance rules apply

What do stay away from
chop in the middle

20230129 post market



trades 01 29

20240130 pre market



News
Numbers at 10
Tomorrow fomc
Big tech earnings starting today after close

Condition
Yesterday we broke out of the 3 day balance late after news
> watch if that breakout remains intact

What to stay away from
Be cautious with shorts as long as brekout is intact
When buying, do not be a laggard (wait for a little break)

trades 01 30



Bought both little breaks

20240131 post market



I was not at the desk because it was fomc day
Nice liquidation break taking out many laggard buyers
This happens over and over again in the markets and is not bearish at all
Now we have to see if can hold the breakout of the previous multi day balance

20240201 pre market



News
ISM at 10 (typical shake out time)
aapl, amzn and meta after the close !!!

Condition
fomc liquidation puts the daily back in Balance

Thoughts
We have to see if we develop a low of that potential balance area
Give the important earnings after the close this low is not decided today. Go for smaller trades

What to stay away from
Do not go for the big intraday swings (better go for scalps)
Todays direction is a blackbox. Do not be too anticipative. Let inflections develop

20240201 post market



trades 02 01



i made some solid points without exposing me to much risk

Market is gapping up after the tech news

20240202 pre market



News
we had big tech earnings yesterday (brought the market higher and made it look above the h of balance area)
we had nfp this morning (brought it back near rth h)

Condition
The market is in a two week balance area
could be volatile and wild given many influences
The tendency is up because we just made a nice inflection below us on the daily

What to stay away from
do not get pushed around by wild action
wait for a clear idea
do not act pushy

Congrats on your journal!

I invite you to participate in this months Journal Challenge, you just need to post your journal link in the event thread:

NexusFi Journal Challenge - February 2024 Hi guys, Continuing our long tradition of encouraging members to have Trade Journals, we are announcing our newest Journal Challenge, sponsored by Ninjacators! Prizes -- the top five trading journals will receive prizes: 1st place prize: Ninjacators …

Mike

20240202 post market


trades 02 02



We had a nice little break directly after the rth open
We filled the gap, ticked in the previous rth range and immideately got rejected and never came back
Scaled one out in c-period, the other 2 at overnight high


If you like what you see please give me a thanks