Is it 96â?đ€... I have a Reasonable Doubt đ»
Summary
TouchĂ©. I just canât knock the hustle đ€·đŸââïž. We told them bulls to fill the gap convincingly with high volume and closing candles. They tried. We watched futures this week as they sped through resistance line after resistance line in the overnight sessions.
Maybe they could take us higher? Well they tried.
Still no volume, still no broad market buying or fundamental economic changes in outlook. Certainly nothing that warrants a long positon. IMHO.
My Plan
Nothing much has changed since the last post.
Really im still focused on 3 indicators for this afternoon that could signal a big move (up or down.)
1. Volume relative to breakthrough @ S&R lines
2. Reversals of gaps (just saw 25200/25500 reversal) 15:00UTC
3. Institutions selling off âvaccine stockâ
Do we roll over today? I donât think so...
Unless we see more red flags
- Continue to take profit sideways.
- Targeting 20 pips in either direction (Ripnâdip mode) in the afternoon session.
- Holding all short positions down to the 23300/22800 TL
- If we close above 25500 but below 25600 (watch overnight Highs and Lows)
- If we close below 25200... expect to attempt the 25600 line again tomorrow before rolling back.
- Adjust stops up to stay in play for the big short - and play again tomorrow.
Currently Short Hedged at 3:5
Outlook
âTwenty Two Twosâ: âCan the Short on the âUS30â work in the longer term?â
âUS30â: âcan I live?â
Iâll confess the doubts are growing... but its not reasonable to assume long postion as yet - at least until the signals match up. Be your own judge and jury but ... âIâm out for dead presidents to represent meâ - just like you.
Quote
âOnly two things can get you through this: thatâs patience and persistence.â â Jay-Z
đ
ââââââââââ
Importantâïž:
Whether you agreed or disagreed with this article, hopefully you found it useful. Please remember to like, comment and follow.
Letâs support each other to improve and learn more strategies together.
ââââââââââ
Disclaimerâïž:
Please do NOT use my ideas as the basis for any financial investment.
These strategies are time, price and market sensitive and are intended for educational purposes only.
-ââââââââââ
Bio đ ±ïž:
Charles Sankara. Global Traveller.
Equity Day Trader. Founder. Ex-Company Director. 10yrs @ Global Investment Bank
London đŹđ§
Rotterdam đłđ±
Nairobi đ°đȘ
ââââââââââ-
đ
TouchĂ©. I just canât knock the hustle đ€·đŸââïž. We told them bulls to fill the gap convincingly with high volume and closing candles. They tried. We watched futures this week as they sped through resistance line after resistance line in the overnight sessions.
Maybe they could take us higher? Well they tried.
Still no volume, still no broad market buying or fundamental economic changes in outlook. Certainly nothing that warrants a long positon. IMHO.
My Plan
Nothing much has changed since the last post.
Really im still focused on 3 indicators for this afternoon that could signal a big move (up or down.)
1. Volume relative to breakthrough @ S&R lines
2. Reversals of gaps (just saw 25200/25500 reversal) 15:00UTC
3. Institutions selling off âvaccine stockâ
Do we roll over today? I donât think so...
Unless we see more red flags
- Continue to take profit sideways.
- Targeting 20 pips in either direction (Ripnâdip mode) in the afternoon session.
- Holding all short positions down to the 23300/22800 TL
- If we close above 25500 but below 25600 (watch overnight Highs and Lows)
- If we close below 25200... expect to attempt the 25600 line again tomorrow before rolling back.
- Adjust stops up to stay in play for the big short - and play again tomorrow.
Currently Short Hedged at 3:5
Outlook
âTwenty Two Twosâ: âCan the Short on the âUS30â work in the longer term?â
âUS30â: âcan I live?â
Iâll confess the doubts are growing... but its not reasonable to assume long postion as yet - at least until the signals match up. Be your own judge and jury but ... âIâm out for dead presidents to represent meâ - just like you.
Quote
âOnly two things can get you through this: thatâs patience and persistence.â â Jay-Z
đ
ââââââââââ
Importantâïž:
Whether you agreed or disagreed with this article, hopefully you found it useful. Please remember to like, comment and follow.
Letâs support each other to improve and learn more strategies together.
ââââââââââ
Disclaimerâïž:
Please do NOT use my ideas as the basis for any financial investment.
These strategies are time, price and market sensitive and are intended for educational purposes only.
-ââââââââââ
Bio đ ±ïž:
Charles Sankara. Global Traveller.
Equity Day Trader. Founder. Ex-Company Director. 10yrs @ Global Investment Bank
London đŹđ§
Rotterdam đłđ±
Nairobi đ°đȘ
ââââââââââ-
đ
Clause de non-responsabilité
Les informations et les publications ne sont pas destinĂ©es Ă ĂȘtre, et ne constituent pas, des conseils ou des recommandations en matiĂšre de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvĂ©s par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.