Will we see downside continuation in Silver? Platinum broke it's trend with force this session, foreshadowing Silver's drop. If support is found and maintained in the current marked areas, we may see consolidation and stability in price. However, if the obvious trend continues, Silver may want to tag the prices marked below. Gold was choppier than it's metal...
Platinum, the trend Queen. Platinum this session has led the trend for metals so far. PL has broke it's long uptrend with force. Generally PL likes to trend for several days. Short intraday pops might happen, but I am watching for possible continuation. Consolidation or ranging may also be possible short term. Careful eyes to see if support is made and will...
Hello I have inserted my personal work chart for this am so I can share exactly what I'm looking at. I just discovered this today. There is a gap below current price that should be watched. I don't suspect many are trading today but if you are, good luck. Also be mindful trading view is rolling over contracts automatically on charts EARLY and this will give...
Hello everyone. I am bullish on the Am. Since we have tapped into the Weekly FVG, I am looking for upside targets. Note, I am no longer using Twitter. I just wanted to leave a few tips: You can enter/buy or sell on the MSS. Timeframes I find most useful: 1Hr, 30 m & 9 m with a 21 EMA. The 2B pattern is fractal and can be used for Higher timeframes as well as...
Hello everyone, This morning was a great chance to show the power of using Standard Deviation (STDEV) for targets. I usually put it on the London session. That's what I've done here. As you can see, the levels are almost identical to the ones marked using market structure. This is another useful advanced tool that can add to your arsenal to help bring your...
Hello everyone This is likely the last analysis/ forecast until next month/ year. As always, I am monitoring DXY for confirmations of movement on the NQ. I am bullish above the Order Block highlighted, and the supports noted. If we trade below the order block, I will be looking for a dip into the bullish FVG's marked as support. I believe a high probability...
What's on my Radar for ES. Daily Gap above, with levels for upside and downside. Using daily bias technique Shared previously, worked very well today. Possibility of a good TGIF setup this week. As always, keep an eye on DXY. Have a great week!
Hello everyone, After breaking an important psychological level, and optimism of bonds higher, Gold seems poised for stability at current levels and may continue higher. Being a classic 'safe haven' Investment, it's not surprising that currently investors will be looking to Gold. Plenty of room for Intra-Day Traders to do well right now. Happy Trading!
As per request, here's my view on TLT. Looks bullish for now, but it may not hold up. could see it want to take the low for longer term bullish stability to come in. I am not a TLT trader, just applying my techniques to TLT to share insight/ perspective for friends.
Hello everyone, We have had a bearish weekly bias and have continued downward today crossing an important level. As shared previously, I have been watching these levels in case we get a new low for October, surpassing the earlier one, signaling the seasonal low for Q4. We are very close to breaking that level. Rarely do you come this close to an important level...
Hello Everyone We've had a very bullish week on oil World events influenced this no doubt, if it continues will have to be seen. These are the levels I am watching. Have a great weekend!
Here is an example of how to determine Bias for the day, or the open. Using the Open and Low or Open and High of the Daily candle in conjunction with the midnight opening price, we can easily determine Bias for the day, or for placing orders during the NY open. This example is shown on CL (Oil Futures) for a LONG BIAS. Just reverse for Short Bias. ( I mistakenly...
current bias on DXY for the day is bearish. we may have a mixed day, seeing retracements before continuing lower. will it reach down to yesterday's open or low or not is something to watch. Note: If the DXY and NQ are NOT inverse each other, it is a good sign to wait till a later session or another day to trade, ESPECIALLY if there is a red folder economic number...
Here is an example of how it is important to check the daily Bias on DXY if you are trading NQ or ES futures. DXY is predominantly inverse the futures. Knowing the daily bias and tracking DXY can give additional confluence to your bias/ direction for NQ & ES. You can easily determine Bias for DXY and futures with the previous tutorial/ Tip I posted. I hope you...
Monday is what I use as a baseline for the week. I don't trade Mondays. Here are the important levels I am watching for the week. We are at a critical point and could see many surprises. However I would like to see price not go higher than the two dashed red lines near the center, for some further retracement. there is a Daily FVG just above the first one. Any...
We definitely saw a reaction after tapping into that daily FVG above. I expected a retrace after that. now we have to see if it finishes this as a small retracement or puts in a surprise new low for seasonality. Price could retrace to and bounce off those FVG's or go past the last two lowest lows for a surprise. We will know more after today and Monday. these are...
Levels I am watching for Friday- shown with daily FVG to be more clear about points of interest. Dashed Black line is the 50% line of yesterdays move, denoting premium and discount. Black heavy lines are yesterday's H/L It is yet to be seen if the final October low is in. It is possible to have slightly more expansion, with a deeper retracement beginning next...
Chart refreshed after today's price action. Dashed orange is the 50% line of yesterdays move, denoting premium and discount. Black heavy lines are yesterday's H/L It is yet to be seen if the final October low is in. It is possible to have slightly more expansion, with a deeper retracement beginning next week or we could retrace tomorrow for a new lower low. For...