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You are more than welcome to come on to Twitich channel as I call out trades. And you can see the analysis and methodology work in real time. I am in the process of setting up a trade auditing service to get my trades audited but that will take sometime to put the track record together. I am o record in this forum saying that I have, within the past year, only put it all together after devoting a lot of study and time to trading. And, it has only been because of the pandemic that I have been able to get the screentime to really put it a together.
50% All the Way, Half Way Back trades at 7131. So, essentially, we filled the gap of the Asian open. There may be another gap for NY tomorrow; but, the big gap fill of the past two weekends is off the table for now. I am short from 3131, the all the way half way from the highs of last week to the lows of last week. We will see if it sticks. Stop at 3138.
Looks like I missed on the sell off.
Michael can you post data on your performance vs the market over the years? Curious about whether this approach has been fruitful for you
Enthusiast
Nobody can be 100% right in the markets. I don't think anyone predicted the jump up today.
Which app/website is used to draw this chart?
Tradingview
I thought based on Thursday you said "shorts are in control" we would see red this week 3070 minimum with potential to retrace if there are buyers but if not then 3000s - has Friday's Asia/Europe session changed this?
All of those things are still in play. It's just that continued weakness before our open intoroduces more potential plays. 3070 is still in play . . . And we should go much lower. But,we have done two weekend in a row where we went lower in Asia on a Sunday only
To rally significantly over the week. If we drop to 3100 prior to our open tomorrow, there is a risk of a big rally before we head Lower. There is, also, the chance,that the market just let's go.