Lexi_Is_Trading

Lexi_Is_Trading Updated 

We are at a pivoting point in the markets, everything seems to be bullish and yet I have this bearish itch. Markets seem to be overpriced, notably the NQ. However the S&P500, has had a healthier correction and the continuation of its rally makes more sense. Since both markets are highly correlated, it would be absurd to short the NQ while the S&P500 looks so...

Lexi_Is_Trading Updated 

Here I'm trying to change things up with a smaller timeframe (15min) analysis because the daily is nice but how does one trade that? Well here you have it. What is on the chart? 1) Yesterday's session low, aka sellside liquidity, that hasn't yet been taken out which gives us a juicy target for the day. 2) Yesterday's consolidation that gave the upper hand to...

Lexi_Is_Trading Updated 

What are we looking at? 1) An all-time-high (ATH) to end 2023 with fireworks and champagne. 2) A sneaky daily bearish FVG that we know is relevant thanks to step 5 and 7. 3) A retracement creating a range that ends on the notorious 0.618 fib level (weekly fib). 4) The continuation of the general trend, price pulls back into the range and creates a daily...

Lexi_Is_Trading

What's on the chart? 1) An old high that marked a strong year for 2023. 2) A rebound in a weekly FVG that earlier served as a bullish signal for prior trading sessions. 3) In the process of that rebound, a 4H bullish FVG was formed which will serve as our target area + fibs. 4) The 2023 high was broken. 5) IMPORTANT: the new high wasn't taken out. Hmmm.....