OnlyFades

OnlyFades

onthedom.notion.site

OnlyFades

LEVELS 12512 12453 12306 12220 12191 12140 12048 BALANCE AREAS 12453 — 12605 | Upper 12402 — 12220 | Middle 12191 — 12048 | Lower TRADE IDEAS LONG 12220 on firming bid or re-bid. Target 264 / 282 LONG 12191-184 on first touch. Target 220 / 264 LONG 12080 / 048 (FOMC Bid). Target 114 / 140 / 220 SHORT 12388-402...

OnlyFades

KEY LEVELS: - 12072 - 11962 - 11848 >11962. I want to see if 12048-072 will continue to offer. If we start to bid above 12072, I will expect to trade into 12184-220 keeping an eye out for short setups in the 12265-305. <11962. I am looking for a trade into 11848. My expectation is 11848 will bid back up into 11914 / 962. If 11848 fails, I think sellers may gain...

OnlyFades

Expecting a balanced day with the idea of taking longs and shorts toward the 12180-12220 area. What do I mean? I think that as long as the market is bidding 11962 / 12048, my expectation is the 12185 area can develop as a POC (high volume area) in this distribution. Ideas for the day... Look for long opportunities into 11940-962 targeting 12048 / 100 /...

OnlyFades

PIVOTS: 11832 | 11962 ABOVE: I want to see 984-994 bid, targeting 12048 / 100 / 184 BELOW: 904-914 must bid. If we start correcting OVN inventory, a break below 878 can target a rebid of 848 (with 832 being the lower pivot and LIS). Below 832 we open the gates to 793 and a rebid of 735.

OnlyFades

11850 and 11735. That's all I care about today. Admittedly, don't really want to short based off the overnight move and favor waiting for the bid to attempt longs. 848 was yesterday's bid. 735 was Monday's bid. Will sellers keep distribution trapped above 850? Will 735 stay bid? For now, my expectation is to lean short against the 858-872 area and observe the...