Aren't we have a classics today ? That actually fits quite well to yesterday model.

Last two days classics and we are almost back to where it all started on the 4th. Gonna test that low ... Yesterday drive up was quite parabolic and almost resembled what transpired after those gap-up on the 27 and price action on the 28th which was quite insane in its relentlessness.

I am really tempted to call it reverse yesterday
And have three day classics

I really like what I see on MNQ.
Bounce from 50 SMA daily, quite similar to what happend on the 2 of September , after which it went 2000 points up.
On weekly we barely scratched 10 SMA
.
So bull case is very much alive and we are entering seasonal home run November-DEcember with news that US government shutdown
may actually end. So one might be very brave to go bearish at this point in time.

202051110 pre market



News
0925 feds musalem
1300 bond auction

Condition 1
For now it looks like the dip is getting bought
Sign of cgange woupd be acceptance on fridays range

Condition 0
Short Term overbought
oni 100% long

Thoughts
wait for at least a little inventory balancing before you buy it
take profit, we have already seen a good move.
The standpoint should be: after move follows balancing

20251110 recap



Scalp long
trade ok, but exit too late, as market was st overbought

Move long
liquidation strenghtens a market
good trade,but it is risky bottom picking

Good that i did not short the liquidation
as environment was bulish and we had only partial gap fill
the better opp is the long after the liquidation

Algotrading at its best when everything aligns.
Five trades. Coast to coast. Unshakeable belief.

20251111 pre market



News
-

Condition 1
daily is up

Condition 0
eth spent its time in the spike (which confirms it for now)

Thoughts
I see no change until we fill the gap
and see acceptance in fridays range

kazbek966 

Algotrading at its best when everything aligns. Five trades. Coast to coast. Unshakeable belief.

@kazbek966

Hi Kazbek,

wouldn´t it make more sense that you open your own journal?

You could start with explaining your approach so that people can understand your thought process. Would be interesting to see and we do not mix different approaches in one journal.


Kind regards and good trades

Sweetspot Trader 

@kazbek966 Hi Kazbek, wouldn´t it make more sense that you open your own journal? You could start with explaining your approach so that people can understand your thought process. Would be interesting to see and we do not mix different approaches in one journal. Kind regards and good trades

Thats the thing , mon general ... Algotrading as we know is based on algorithms . In my own case proprietory.
Some people are happy to share them, some not as in some circles they are defined as "edge".
So once rules are defined and scripted, there is no thought process, no emotions, no nothing. Just hard coded logics the way founders envisioned it.
So my own journal would look like collection of taken trades, where is fun there ? I can see them any day any time.
I see actually more benefit of combining different top-view analytical approaches on the general state of the market and learning from each other in a journal maintained by disciplined teuton.
Would you agree ?