Can the HOUSE Capitalize on this Premium Pricing SHORT...?

NQ1!

“The goal of a successful trader is to make the best trades. Money is secondary.”
-Alexander Elder

As we approach the start of a new trading week I hope that we all are in gr8 spirits!
Now I have developed this High Probable Narrative going SHORT on NQ and below I will explain in gr8 detail my reasoning behind the narrative & what I want to see in order to execute the trade...Rock w/ me!!

1) As the Market opened back up today BUYERS came in strong and swept the descending trendline liquidity to the upside and is now trading around a Major Daily Resistance Level ($18588.50)...
*** Now I want to see sellers reject this level and close under resistance on the 1Hr TF and below and this will be our 1st confirmation that we need. Sellers to hold and defend the resistance level around ($18588.50)...

2) If sellers reject the Major Daily Resistance level and we can get a big push back down towards the minor support level ($18491.00) then I want to sellers push and breakthrough the support level... Now this Level is very big because it is also inside a 4Hr demand zone & an even smaller 1Hr demand... So we will see how buyers defend these level of support/demand. Now if sellers come out on TOP with the strong hand & break the level of support/Demand then this will be our 2nd confirmation we need to see. ***I want to see sellers break the 4Hr&1Hr demand zone and minor support Level ($18491.00) with candle closure underneath on the 30m TF and down creating 1Hr CHoCh in price...

3) Now if we can see the following sequence of events take place that I stated above where price rejects the current Major Daily Resistance that it's trading around ($18588.50) and sellers hold and push price lower towards the key levels; Minor Support ($18491.00) and 4Hr & 1Hr Demand Zones...We will see if sellers can breakthrough these levels with strong conviction underneath pricing for me to consider going short... If price does in fact provide the following then I will gladly SHORT the retest of the Minor Support Level that failed ($18491.00) & TARGET the next Major Unmitigated 4Hr Demand Zone below around ($18334.50) roughly around 620 points...Also price needs to be trading underneath the Red Vwap as a last min. cherry on the top confirmation...It's always better to trade in favor of the V-wap...IMO

4) The HOUSE can easily capitalize on a +2.5-3R % Gain depending on your given management system... Always stick to the system, nvr argue wit it... Its put in place to protect yu from YU!!

***ALWAYS REMEMBER, nothing in the market is set in stone. We play the long-term game of probability. We simply are trading the reaction of what the market gives us... As the famous quote goes, "It is not the strongest of the species that survives, not the most intelligent that survives. It is the one that is the most adaptable to change." -Charles Darwin

Lets have a gr8 week of Management!!
+2.5-3R% Gain this week!!
#BHM500K #NewERA

Comment:

Price is moving as predicted.... Remember I want to see failure of Minor Support ($18491.00) and then a 4Hr/1Hr Demand Failure causing a 1Hr CHoCh ($18447.50) & then we can look to scale SHORT....Stay focused Family #500K

Comment:

Price was moving very smoothly in bearish manner until NY OPENING BELL& bulls came in very strong off the retest of the descending Trend line, Minor Support & 4Hr Demand....I knew this would be a tough zone for sellers to breakthrough... However let's stay focused...Price has currently swept London HIGH!!

Comment:

Letssss GOOOO!!! Sellers held their defensive stance at the Daily Resistance Level and pushed price back down...Now we need the break of this 1Hr demand that price is currently trading inside of and cause a 1Hr CHoCh ($18447.50) with confirmed candle closures on the 30m TF & below, then I will look to scale SHORT on the retest of the Minor Support Level that failed....>>> Let's stay focused!! #500K

Comment:

We have gotten all the confirmations that we need and now I have officially set my Limit going SHORT!!! #BHM500K

Comment:

Confirmed Candle Closures Underneath Demand....This trade is ready....Let's wait for the TAG now!!!

Trade active:

We have received the TAG now we Mange as Professionals! #500K

Trade active:

($18414.50) I want to see price break this level then I will move my Stop to Breakeven and start trailing... Management of the Portfolio is our # priority #BHM500K

Trade active:

Still Holding....

Trade active:

We got the confirmation to move the trade to Breakeven as price broke below yesterdays NY LOW...Lets continue to stay focused and Manage Professionally w/ NO EMOTION!!! #BHM500K #NewERA

Trade active:

Trailed My STOP a little closer as price moves in our favor/direction!!
#500K

Trade closed manually:

I closed the Trade Manually and walked with my Profits!!!!!!
Gr8 MANAGEMENT and we came out profitable....Let's STAY FOCUSED RE-coupe and come back on the next HIGH PROBABLE SETUP

Comment:

+2.8R % Gain on this SHORT!!!!
#BHM500K #NewERA
Price did exactly as we predicted!!!!!

Trade closed: target reached:

Trade closed: target reached:

Exactly as we Predicted a few days AGO!!!!
Lets Handle Da Bidness!!!!!
This one was for the HOUSE!!!!!
#500K