This is my overview and analysis as to why I believe it is POSSIBLE -- that we see SPX500 reach 3400 levels.. It is making very similar levels / patterns like before, and if we count the levels like I showed in the video we can see that we are on that last leg that takes SSL... Everyone seems to think we are bullish and this is a retracement to buy -- that was my...
I believe they're targetting BSL and the 3940 levels or at least up to Wednesday's highs to take that liquidity. Specially with how FAST and STRONG these candles are rushing to get up there, you can tell there is alot of liquidity residing above which is why they are rushing to get there quickly.
Took several L's taking these trades -- I was forcing my buys orders because I wanted it to take BSL FIRST and the double top from Asian highs that were created.. Will it take them now? Between 9-9:30 we got OTE for a very nice sell at 9:00am get the first W Leg, at 9:30 we get the second W leg (LIQUIDITY) because retail keeps buying. Little did they know...
Very clean entry -- They really do this at the most unexpected times to get you. I PROMISE YOU HALF the people on that sell was holding the trade and very few people took partials/profits. (GREED) Market wanted all those positions... Promise you there were MANY buy limits at that 0.618 zone as well because people wanted to see it hold there and find resistance to...
Targetting Gap that was created previously -- we also seem to have created the Asian highs -- this was a retracement higher to come lower in my opinion. Not holding on to trade too long as I just wanna take my profits at TP and be done. Will also be going to bed to see if I can create a bias and let it run over night -- I want to let my trades run at night and...
They took out Monday's highs from the beginning of this week already and we still have that low intact -- so I'm going along with the trend and selling and targetting those two lows we have below.. lets see what we get. I targeted that FVG + BREAKER as the entry which is why I entered there.. We also tapped into 0.705 perfectly which was nice to see. wicked it...
We had already taken SSL and then after we got that large expansion and retracement into OTE 0.618-0.705 which was also inside of FVG that was my hint to enter the trade. We have build up lots of bsl and it looks like a complete MMSM has been created. Will post more details/explanations under this section as I see fit.
30M trade Idea -- Confluences: broke below Breaker -- Previous OB had support at that Breaker (Which also had support inside a previous 45m FVG it rejected) so I expected that price was not needed to come back into this breaker again -- We also had a lower 30M fvg which we tapped into and did not need to fill, as it just tapped into the low of that fvg for...
SPX500 Played me today -- Overall seeing entries but not trusting myself in this environment. Will post part 3 next -- Continuation to this video -- I am going over my emotions and thoughts as I am trading and sharing them with you guys openly.
Will publish the result of this after the week ends on Friday 5:30pm EST. I am however looking for bullish prices around 3840 and higher.. Let's see what kind of PA we get to confirm our bullish bias...
MISSED THIS BUY ON TO THE NEXT! WE WILL HAVE MORE MOVES!! Expecting lower retracements 3700 for buying opportunities.. I see SSL being the next area of liquidity -- But anything could happen still!! Keeping an eye out and trading carefully due to it being FOMC.
Want to keep track of the 2H tf will update as we get developments within SPX500 the next couple of months.. we do have NFP this week so watch out and trade carefully guys.
SPX500 buy idea I entered on tradingview -- Here I show where I am targetting and why, as well as the setup I took to see my entry.
This is me doing a quick overview of SPX500 and what I'm learning and have learned so far from ICT about External and Internal liquidity. Drop down any question you guys have below, I tried to keep it brief and very simple.. But internal and external is just different kinds of liquidity based on what TF you are in because as you know the markets are FRACTAL. So...
To go over my thought process with this trade -- I realized We are going over those highs -- We had 3 distinct BSL zones look intreaguing -- The funny part is my Initial Entry that I was targetting ALL ALONG was correct.. This is the trade I am currently in targetting 3628.75. -- SL NOW AT BE - We had distinct lows all 3 were higher lows than the other.. ...
Confluences will be added to part 2 -- It will be posted next -- Check it out! But we are already in a Bearish trend and this was just a retest in my eyes to come lower -- More explanations on the next video.
Confluences: - SSL was taken - Filled in 15M FVG - BSL Taken / MSS - Retest above FVG after respecting Breaker OB - LOADS of BSL from the heavy selling today - If we are still bearish which is likely -- Looking to take profit at that previous low from 9:30am. That would be a key resistance area. Just for educational purposes, still learning LOTS about this...
CONFLUENCES: - Respected 50% fib from HTF Trend - Took out BSL - MSS x2 - Retest inside 3M FVG - Retest under Breaker - Re-entry inside FVG after judas wicking out previous highs inside 3m fvg - relative eq lows are targets + 15m FVG below - (HTF Bearish)