Long

US500 Outlook 5/29

Aggiornato

Bullish on SPX till around 4330.1 which is some old high buyside liquidity. NFP week this week so take all analysis with a grain of salt. The market will decide where it wants to go on Friday morning. Everything that happens before then is building of liquidity.

All other relevant POIs are annotated on the chart.

Nota

long on SPX, dont like buying during lunch but the daily BPR is too attractive not to.

Nota

initial reaction favorable.

Nota

going break even

Nota

there's a decent chance the day closes bullish.

Nota

can you see the liquidity yet?

Nota

didn't get the push for the daily open that I wanted. holding interday with SL at BE. Hoping for completion before NFP friday morning.

Nota

still holding. Asia threatened stopping out break even.

Nota

going to give it till yesterday's low

Nota

will add if i get this.

Nota

juuust when you are about to lose hope and capitulate. Its engineered to do that.

Nota

tapped into second position

Nota

trading is not easy. but it can be simple. its a series of "if/then"s

What do you want to see? How will you react if the market moves how you wanted it to?

Nota

a less risky take profit will be here at the 12H FVG.

But where's the fun in that?

Nota

TP1 bagged and tagged. 80% off the table, holding for TP2.

Nota

this is why i take profit 80/20.

Nota

notice that after invalidating the 12H FVG area, price returns to it before continuing to push up.

Nota

Today is my birthday, grateful the market gave me presents

Nota

All TPs hit, trade collapsed. done for the week.

Nota

if we take all the trading from below the weekly open, and extend it above the weekly open, price is currently at a 1:1 projection. This would have been a nice target had I either wanted to hold longer, or enter a new trade today

akhena10fx

Let the algo show you its hand.

Anche su:

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.