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10M Chart
@10amET failedBO with ABC triangle SwingS2775 -- hold as addSwing for this week...
@12pmET sliding started -- do NOT take counter trend trades as long as 2736 LIS for Bears is holding down.
Finally, filled 2764 Sunday's GapUpOpen, retested 2692 BO point, previous low and more...
512T Chart
@6pmET "safe" counter trend trade L2700.75 after Market reOpen and failed BD.Break down.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Can you help answer these questions from other members on NexusFi?
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
THU 12.06.2018
cMAR2019.DoR-5
OPEC Meeting @vienna, Australia and @11amET Crude Oil Inventory report -- somewhat would influence ES price action as well.
The following are all intraday charts, see if you understand them all.
If you do, then you are a BETTER newbie... Congrats!
Details explanation for attached charts:
1. @NYSE Open VolSignalSell + next measured move Short (navy) was in play during European session
2. T127% hit but holding because of increasing sell volume.
3. Better trailing stop, and ready to take profit quickly because it's could be a squeeze going to FRI's Monthly NFP report, remember?
4. Aggressive multi-contracts on narrow pull back Long and taking profit quickly as well.
5. Manage to chase a runner as SwingL2627 -- see video
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#50 Rollover Week
cMAR2019
240M chart is updated around @8amET Monday morning... notice where @2610.25 bounced?
If you get it, then you are definitely a BETTER newbie!
Updated:
OpEx 2550>2650<2750
TUE Brexit Vote in United Kingdom
WED @10:30amET Crude Oil Inventory
THU @8:30amET ECB Press Conference & DayOfRollover to ES 03-19
FRI Weekly Op-Ex
Note: @2610.25 bounced above old GrayBearishCypher ptC 141% so T2877 still valid if it's holdingUp on reTest; but it's not during RTH. Therefore, look for next lower target(s).
You should be able to guess where that is/are, right?
If not, wait for my Daily Review for Monday, next.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
Updated:
Brexit Vote cancelled until December 21, 2018.
I apologize, no Daily Review for Monday or any day last week due to an unexpected incident.
Will likely post Weekly Summary as soon as I can... but here is an outline of what to be expected:
MON 12.10
DoR-3 The "aha" trade
TUE 12.11
DoR-2 The "out-of-nothing" trade
WED 12.12
DoR-1 The "first Short" trade in March
THU 12.13
DoR The "temptation"
FRI 12.14
DoR+1 The "deadly sin"
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#50 Rollover Week
December 10-14.2018
MON DoR-3
The "aha" trade SwingL2591.75 and addL2600.25 were the "V spike-price-rejection" pattern from the following FIO webinar that published December 10th: Mean Reversion, Trend Trading & Breakouts: Putting It All In Context w/Linda Bradford Raschke
If you have not seen it, then it's a must see webinar from the archive for Elite Members ; I won't post it here... to do so is a violation of membership rules.
TUE DoR-2
The "out-of-nothing" trades were scalping & swinging Long, then Short, then back to Long for a potential Inverted H&S pattern.
Why? Because if you throw out all the fibs, ABC triangle, indicators... One thing left that worked was "Symmetry" AB=CD (yellow dot.dot line) thus it bounced. and bounced strongly; therefore predicting where was the pullback for RS of IH&S became easier.
Note:
Too bad... IH&S failed, failed hard (don't ever be in love with your trade no matter how wonderful the setup was in the beginning).
What came to mind... Taking trade, out of nothing at all.
Enjoy this old song from Air Supply
WED DoR-1
The "first SwingShort @2671 trade" in March 2019 contract (not as high as I would like) and because potential failure of IH&S pattern with Bear Flag, RSI Divergence on 240M, and very low Volume for a rollover week.
Get ready for rollover on Thursday, watch this "Trader Bite" video from FuturesTrader71
Getting too long for a Weekly Summary, let's talk about DoR.The "temptation" and DoR+1.The "deadly sin", next.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
What the big deal about my "unexpected incident"?
I lost some vision on my left eye on Monday night due to contact lenses. Tuesday, woke up with more redness but no swollen, then it got worst on Wednesday and slowly facing 99% darkness by Thursday with burning sensation.
My dad had glaucoma disease and became blind on his left eye... so it's kind of family health history that I may inherited potentially.
Tried two different kind of over-counter for redness reliefs; second brand name worked better and I slowly regained vision back... still seeing "double and triple" though.
Dealing with tress, other people may be into drugs, video games, or drinking... mine is watching Korean drama non-stop!
Non-stop... meaning no break, no eating, no sleeping until the END.
That's what I did on THU, FRI, and SAT last week. The first 44 episodes drama could be a "temptation" but if it's back-to-back with the second drama; then it must be an "addiction" that leaded to "deadly sin". Why "deadly sin"? Because I didn't even open NinjaTrader8 or watch the market on Friday,
Sunday at noon, I was able to see (not 100% as before) with glasses and ready to do weekend homework... but my sister called and wanted to go to the temple--visit my parents, and eat vegan's food there... even though it's not Full Moon until next week. I declined at first, but agreed at the end--I needed to go, to pray, and to be thankful that it's not an infection and required surgery!
Still no weekend homework, I was able to watch Sunday reOpen but could not stay up so I decided to take a nap and watch Asia session later. Nap turned into six hours of deep sleep, then awake but couldn't even get up until two hours later...
Sleepless nights caught up with me, finally. Yuk "Temptation and Addiction that leaded to Deadly Sin" for sure!
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS