After news, cl reaches for ledge/1st std dev

bobarian 

After news, cl reaches for ledge/1st std dev

Just tried to short 1st upper Dev Vwap after Employment Situation caused a rally to that area

Was trying to get in righ on the edge and had a limit order placed after the inital test

I could not get filled and i did not chase the market

greenr 

Just tried to short 1st upper Dev Vwap after Employment Situation caused a rally to that area Was trying to get in righ on the edge and had a limit order placed after the inital test I could not get filled and i did not chase the market Attachment 98608

i just walked in,and the retrace couldnt get there

had a thouight, that we would try to get back to yest poc....a good entry would be (both eth)1std dev/val(tpo) around 91.80...if it gets there

bobarian 

i just walked in,and the retrace couldnt get there

Moving on

The market did not let us participate this time

lets focus on the open now

We are cunnrely going to open out of balance

i imagine we are going to try close the gap and naked Vpoc below @ 91.82/91.78

We have already visited this area in ETH

Here is what im thinking depending how we open

greenr 

Moving on The market did not let us participate this time lets focus on the open now We are cunnrely going to open out of balance i imagine we are going to try close the gap and naked Vpoc below @ 91.82/91.78 We have already visited this area in ETH Here is what im thinking depending how we open Attachment 98612

i see that back on 12/31....good confluence there...if it fails,it falls below

Looks like were going to try open up in yesterdays range

The open should tell the story if we do open in that area

Look for a quick rejection or rotations back into range

We have news out at 10:00

ISM Non-Mfg Index

Factory Orders

Im gathering the Employment Situation came out nutral or slighly bullish as the Dollar is up..

Dollar bullish noramlly means every thing els bearish

It does not always work that way...but normally

Set you alarms guys

IM short 92.50

stop 92.56



Taking a 15 tick 1st scale out, due to the nature of this trade

Lock out risk!

Now lets see down wards rotations down to the $92

We have rising Vwap........but with the situation the market is in im going to hold this one till i get break even

1st upper Dev Vwap clearly trying acting as resistance now....the bulls are not giving up though

Stopped out on 2nd contract at .56`s

well look for a re entry possible in 2nd/3rd dev if every thing lines up

Lets wee if were going to try push and explore yesterdays range

So we have tried to get back into the last 2 day balance area

The single TPO prints and low volume area tells us there is a lack of intrest in these price in this area

Im looking for a rejection of the last 2 day balance and downwards rotation





Watching very caucious here as we could see a shrap spike back up into range