So someone is being very crafty with false breakout liquidity sweeps on NVDA. Basically doing a whipsaw during second 5m candle (see 1st image) or right after what looks like a bounce (see 2nd image), or new momentum high just after what looks like successful FB. How to trade this?…
Failed to take this setup on QCOM due to internal dialogue. I've added more accurate Gerchik ATR to the D chart, which at 154% and at such clear level, and perfect VP zone should have been an entry into a F.B reversal. QCOM : Trade not taken I…
Today, I can honestly say, that I am over FOMO and "Have To Trade" mentality. I am sitting right now, watching market, which is confused and sideways, and I feel no inclination to take the weak half-hearted setups I would have otherwise jumped into just a month ago.…
Don't expect market to be up or down, don't expect a direction. GO WITH WHAT YOU SEE.…
Takeaway from today: Pay extra attention around 10:30 - 11:30am range. This is when largest daily reversals happen. Basically be glued to the screen at that hour. MARA was an otherwise excellent setup in a sea of noise today - at 10:50am. Took a trade, lossless exit:…
Meta is giving short term wins today, pretty obvious levels. I missed one level which was a pretty easy trade. I need to start looking a few days back, that is week+ to see string levels. The one I missed might be the HOD FB. I think the basic rule…
SPY had a triple top (one top outside D sessions). Today I took a very obvious F.B, and I took it late, because I found it late. However it was still 10x (I netted 5x). Had I taken this F.B earlier and properly - it would have been…
Remember this, again, valleys (air pockets) between volume clusters (nodes) are not to be traded when price has traveled any distance within the valley. Its free-fall/rapid ascention zones. Always. No resistance/support gives whales an autobahn to move freely on. Only enter at edges of hills (volume nodes) -…