Patrick2707

Patrick2707

We got some nice sell entries yesterday on US 100 since we've taken out the buyside liquidity (red line). Participated in sells myself and managed to grab my fair share of profits and letting the market go its way once the trade was done Entry 17590 TP 17553 SL 17616 As long as we do not reclaim the yellow box and hold we should expect further selling. Will...

Patrick2707

Here is a HTF overview of the current range we are trading on US 100. Do not hesitate to refer to the HTF ranges to avoid getting 'trapped in the LTF'. FOLLOW the MARKET and do NOT IMPOSE your WILL on the market... Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not...

Patrick2707

Taken a nice short scalp on US 100 for today. You can see how we traded through the 1min volume imbalance (red box) from the 29th April and did not close outside of it (no bullish candle with a clean close outside of it). This confirmed that we had taken all the buyside liquidity for now.. Once we traded through the 1min buyside liquidity (top red line) and...

Patrick2707

Easy short scalp to finish the week. Entry 17725 TP 17708 SL 17743 Entered on the LTF once we broke structure targeting the LTF sellside liquidity As you can see the concepts we use on the HTF are also and obviously applicable to the LTF. As long as you follow the market structure you will be on the safe side. The rest will all depend on your RISK MANAGEMENT...

Patrick2707

Taken a nice short scalp on US 100. Entry 17279 TP 17225 SL 17327 IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above. Bear in mind the overall HTF from the daily and weekly perspective....

Patrick2707

Here is a quick look into the trade I got into. Got a very bad fill on this trade. By the time the price was moving and following my rules and the time I wanted to place my two trade positions we already had already displaced a large portion to the downside...but that happens once in a while and that's fine. Initially looked to enter around 17500 but did not...

Patrick2707

We are back towards the lows of the LTF. Let's see how the market moves from here. Will be looking to play the 5min FVG (red box) IF we trade back towards it and respect it (no candle close outside) IF we hold these current lows expect us to head back towards the buyside liquidty and the highs from this morning. Stay safe and never risk more than 1-5% of your...

Patrick2707

Taken a nice scalp long on US 100 yesterday. We held the highs noted yesterday and pa aggressively went hunting for the buyside. Entry 17466 TP 17500 SL 17440 Will be interesting to see IF we get a continuation today. As always WAIT for the MARKET TO SHOW YOU ITS HAND AND ACT UPON IT PLAN...PATIENCE...EXECUTE Stay safe and never risk more than 1-5% of...

Patrick2707

US 30 is back within the daily breaker so let's see where the market wants to go from here. Similarly to US 100..IF we hold the current levels expect pa to continue higher IF we fail to hold these current levels expect us to hunt the sellside liquidity. NO need to try and predict the market...just FOLLOW THE MARKET Stay safe and never risk more than 1-5% of...

Patrick2707

The breaker (yellow box) annotated yesterday held perfectly and we are back towards the LTF highs - and the overall lows of the HTF range. (dotted alert lines) No need to try and predict the market that is not our job. So IF you feel FOMO don't get involved with the market and wait for it to show you its hand. Plan is clear...IF we hold the current levels we...

Patrick2707

Taken a short scalp on US 100 based on the invalidation of the highs of the 4H highs. Noted earlier as the breaker. As you can see I enter on the LTF and use the HTF ranges and points of interest as liquidity for the buyside and sellside. This way allows you to give you some space in your trading and limits you from getting 'lost' in the market. Entry 17238 TP...

Patrick2707

Here is a look at the trading range for this Monday. As you can see we've held the 3H FVG (red box) perfectly and are trading back towards the 4H breaker (yellow box). Tape read the entirety of the move - knowing that we would hold the 3H FVG.. tape reading and following the market and LEARNING without TAKING A TRADE. There is no shame in just following the...

Patrick2707

We have taken the sellside liquidity below 17375 as we noted yesterday.... so let's see where the market wants to go from here. As always it's Friday so don't be afraid to reduce your position size, reinforce your RISK MANAGEMENT and preserve your CAPITAL and PROFIT of the week IF we reclaim the lows we should expect the market to head back towards the buyside...

Patrick2707

Taken a short scalp on US 100 from 17425 to 17400 Entry 17425 TP 17400 SL 17448 Nice move from the NY open so let's see where we head from here. Expecting us to target the daily sellside liquidity resting below 17375 No need to chase the market... let it come to you and ACT UPON IT Stay safe and never risk more than 1-5% of your capital per trade. The...

Patrick2707

Taken a nice swing trade on US 100 based on the 3min inverted FVG. Entry 17480 TP 17545 SL 17458 Keep an eye on the buyside liquidty resting around 17600. Will be tape reading until we get a close of the 1H and will keep an eye on how we close today. Not much more to say about the market... we are halfway through the month and getting closer to the end of...

Patrick2707

Here is a little insight into what I am looking for on US 100. Market currently chasing the sellside of the HTF daily range. Line in the sand for the bulls is 17350 Will be looking to see IF we run the sellside liquidity (red line) and trap the bulls before heading back higher. IF we fail to hold these levels I would expect pa to continue lower. Don't try...

Patrick2707

Not much reaction or manipulation on the part of the market in my opinion following Fed Jerome Powell's speech. Taken a scalp long from 17730 to 17765 Entry 17730 TP 17765 SL 17708 Taken my profits for the day and content with what I've got. Expected more from the market but did not get it and that is alright. Knowing when to take your profits and not...

Patrick2707

Looking to see how we react to the 4H OB (red line) and where the market wants to go from here. We are currently trading below the HTF range and Fed Jerome Powell will be speaking at 13:15 (NY time) so willing to let the market trap the overzealous traders until then. Will tape read and see how we move from here and use the 4H OB as point of entry IF we hold...