Probability: 60% High Risk! but you can choose Another Close TP ( and use your own strategy :) ) TP & SL on the chart but as i say: high risk!
We have a Sell signal Probability: 65% The market will keep going down SL and TP on the Chart.
Good probability: we have a uptrend The market will keep going up % probability: 65% Stop Loss: Red line Take profit 1: The Orange Line If the Candle cut with Force the First line ( Orange one) Then You can buy again Take profit 2: The Yellow Line
We're initiating a swing short 3375 MESU2020 on the double top retest here in the Friday session globex. Using the first extreme turn on the 2H since 7/29. No initial stop, targeting the 50 Fib bid zone at 3300. Small starter position so risk will be .03% of account. Another expression of the signal is synthetic short calls, shorting the ES and selling ATM ES...
For the week ahead, the 2975.75 is a key level to watch. If you notice my annotations, I am indeed outlining that there are two possibilities for price to play out. We're not here to make predictions, but the observation of how price plays out along this level is very important. Fundamentally speaking, the US is potentially in the second wave of the COVID-19...
This may not age well, due to the extent the markets and the plunge protection team manipulate these markets, but the S&P 500 is at all time highs, and there is the potential we are are a double top . This is just a warning to be on high alert. We made a new all time high, then fell back below, so I am watching to see if the 2950 area begins to act as resistance...
After a concerted move down yesterday, the ES! tried to reverse the downturn overnight on reducing volume. It has mainly trade above the VWAP however, the overnight POC has been below yesterday’s. This could mean that price needs to come back and test the overnight POC or low before continuing up. After yesterday’s move, the price could just oscillate within...
Overnight price action was within yesterday’s value area. Overnight high tested Wednesday’s VPOC and price came down and has taken out Asian low. With overnight VPOC just above yesterday’s. Economic figures out earlier were worse than expected, however had little effect on price. The main driver is the US-China trade decision. All things being equal price is...
Overnight price has been confined below yesterday's POC, around the value area low. Price rejected the low pricing. During London morning session, price still undecided. Positive GDP figures pushed up price. I am expecting price to test overnight highs and lows, and possible yesterday’s low, before going up to take out the weekly high. A couple of figures still...
The anticipated inverted Head and Shoulders formation is taking place , use trailing stop to lock in profit on long position. April 12 post ============