US30: Inside day, first red day

20 giu

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“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)

• Monday DAY 1 Opening Range
  
• Tuesday DAY 2 Initial Balance
  
• Wednesday DAY 3 (reset DAY 1) Mid Point Week
  
• Thursday DAY 2 ✅ day 3 cycle
  
• Friday DAY 3 Closing Range
  

2. SIGNAL DAY

• First Red Day ✅
  
• First Green Day
  
• 3 Days Long Breakout
  
• 3 Days Short Breakout
  
• Inside Day ✅
  

3. WEEKLY TEMPLATE

• Pump&Dump ✅
  
• Dump&Pump
  
• Frontside
  
• Backside
  

4. THESIS:

• Long: secondary, the inside day can also be a signal for a major move trend trade, considering as well that the market is still inside the previous high low of the week. To take in consideration this trade, the market should come into the breakout level of the inside day and consolidate for 30/45 min on that level, looking for a dump and pump scenario.
  
• Short: primary, the first red signal, typically is a short signal, the price looks at the moment pumping up 3 levels, if the current HOD will be locked in until 9:30am, I will surely be looking for a sell high opportunity.
  

Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

20 giu

Nota

I would like to see a lower low in place for a pump and dump at 9:30am NYO. Keep watching

20 giu

Nota

lower low in place, but the market kept going lower without entry and without timing

20 giu

Nota

no trade, however, pump and dump completed