Few of you might ask why so much analysis...you are right in asking it.
It is the sudden changes in the PA of US30 that has made me wonder why certain levels behave the way it does.
95% of today's trading is controlled and performed by BOTS.
Most BOTS use the above techniques as their core logic to trade.
So it makes sense to spend few minutes each day on this.
Re: SK XARD TRADING JOURNAL
12US30 Hourly Chart...Trendline from Jan13th has broken and price is near 6/8th.
I expect some pull back and then resumption of up trend if its a normal trading day.
I expect some pull back and then resumption of up trend if its a normal trading day.
Re: SK XARD TRADING JOURNAL
13Comments on US30 Weekly Profile and Weekly Pivots :
Price has closed above weekly value area which is again a bullish sign.
Price has closed above weekly central pivot range - Bullish sign.
Price has printed a moderately bullish camarilla pivots.
If the price opens near the close levels we can expect some decent price action.
Price has closed above weekly value area which is again a bullish sign.
Price has closed above weekly central pivot range - Bullish sign.
Price has printed a moderately bullish camarilla pivots.
If the price opens near the close levels we can expect some decent price action.
Re: SK XARD TRADING JOURNAL
14US30 : Price has hit previous week high and previous day high and is retracing.
We also had our 4hr zone there.
The bottom histogram has printed red indicating to me it is going to be a range week.
We had a proper open for the week without gap. So my plan is to dip buy till the structure tells me otherwise.
We also had our 4hr zone there.
The bottom histogram has printed red indicating to me it is going to be a range week.
We had a proper open for the week without gap. So my plan is to dip buy till the structure tells me otherwise.
Re: SK XARD TRADING JOURNAL
15Probable Area where price will reverse.
Price is below DO/WO and VWAP.
I am expecting price to probably show reversal signs around DCP. If it reaches there.
Value Area High coincides perfectly with Daily CP. Also VPOC is just below which might provide some support.
The structure is still bullish so wont attempt counter trend shorts as of now.
Price is below DO/WO and VWAP.
I am expecting price to probably show reversal signs around DCP. If it reaches there.
Value Area High coincides perfectly with Daily CP. Also VPOC is just below which might provide some support.
The structure is still bullish so wont attempt counter trend shorts as of now.
Re: SK XARD TRADING JOURNAL
17FX Now : Got 4hr signal on AUDNZD. It is a buy on DAILY too.
My weekly pivots also suggest it is a buy. We have monthly resistance , daily trend line there.
If it breaks we can see 1.08 as target. This pair ranges a lot.
CAUTION : We have AUD cash rate tomorrow.
My weekly pivots also suggest it is a buy. We have monthly resistance , daily trend line there.
If it breaks we can see 1.08 as target. This pair ranges a lot.
CAUTION : We have AUD cash rate tomorrow.
- These users thanked the author sudhindragk for the post:
- eduarescobar
Re: SK XARD TRADING JOURNAL
18Expect price to reverse from here as planned. XARD M30/M5 Indicating downtrend.
Let's see....
Refer Post 15.
Let's see....
Refer Post 15.
Re: SK XARD TRADING JOURNAL
19If things work out as per plan i will start compounding else its a scratch trade and move on.
100+ pips...An hour later
100+ pips...An hour later
- These users thanked the author sudhindragk for the post:
- aneek229
Re: SK XARD TRADING JOURNAL
20Plan your trade / Trade your plan...to the pip...
Before / After...all in real time.
Before / After...all in real time.