Infinity_Trading_

Infinity_Trading_

I completely missed this mornings ES/NQ long entry. I was so focused on ES taking out the daily sellside liquidity at 4072 that I never looked at the NQ chart, even though I had it on one of my screens. The secret to deciphering today’s NY AM price action was to watch NQ. Because NQ did decisively take out the daily liquidity from the three days ago low. This was...

Infinity_Trading_

At 9:30 AM EST open ES made a big move straight up that took out the Asian Session high. Then it came straight back down. The big move plus taking out majority liquidity gave me confidence this was a Judas Swing and that price would go the other way. I zoomed in to start looking for Fair Value Gaps and after finding one placed my Limit sell orders in the middle...

Infinity_Trading_

The May 3, 2022 FOMC Meeting minutes was released 5/25/2022, which is another opportunity for Market Makers to swing price around violently and take out liquidity. We knew the obvious target would be the Buyside Liquidity at ES 3982.25. This level was the only major liquidity level in the nearby area. Also, after taking Buyside Liquidity price would continue going...