VividFX
EssentialMy trading plan does not allow me to buy into new highs. However it's not safe or practical to aimlessly short the high. A sell stop order is how I safely trade the highs. I am Bearish to Neutral for now. Waiting for significant signs of bullish support. Seasonally, the market is Bearish/ corrects on average going into February. 🫡🌊
My trading plan does not allow me to buy into new highs. However it's not safe or practical to aimlessly short the high. A sell stop order is how I safely trade the highs. I am Bearish to Neutral for now. Waiting for significant signs of bullish support. Seasonally, the market is Bearish/ corrects on average going into February.
`Price finds support after strong volume push `Key level rejected on the daily `Weekly zone rejected
Strong intraday Volume Retest of previous high Consolidation at the high Strong Bearish price action
~Nas100 Rejecting Key Level 1600 ~Looking for Bearish Price Action to lower support level ~Price has Consolidated here for 11 Days
Price has rejected a key level @ 15000 Looking for the retest Will not chase the market This support level has been tested and held in the past.
Nas100 is approaching a Key Price Level This price level overall has been rejected before There will be drawdown so we will scale into this trade at 50 pip increments below 14500.
Nas100 is at a daily support zone Its just above previous weeks low. Price looks to have rejected Daily Zone. Stop Below possible low of week.
Here we have price at a key level with a possible rejection Price has rejected this level previously which gave us our Daily zone. Price may be volatile at this level. Be sure to manage risk then scale in as needed. I will look for confirmations on the lower timeframes for additional entries as this plays out. Price is above the 200 moving average, so were are...
*Here we have a possible break of the daily zone. *We are waiting for a pullback that comes from the key price level @ 15500. *Stop loss is tight under Mondays low expecting this to be the low of the week *If trade is missed, look for entries on the 1hr and 15m timeframes
Here we will be looking to sell at this zone resistance. Look for sell setups on lower timeframes. Target: Expected to reach the 15000 level.
We have a retest of the left shoulder. Using Fibonacci to get a targeted entry for the sell. Will scalp lower timeframes 5-15M. Looking for price to reenter the .618 level before looking for sells. This is more of a long-term play. Be caution here. The purpose of these posts are for educational purposes only. Nothing associated with this profile or post should...
Consolidation is expected here at 15000. Possible target 14000 by end of Oct.
This looks to be a bearish trend forming from a previous strong down trend in December. I plan to hold this trade until the trend shows me a reversal signal. Volatility and volume are low. This gives me the indication to take half profits at 1:1 ratio.
I'm gonna follow the trend of the moving Average. Moved my stop loss up to mitigate risk.
Still inside of my trading plan. I will exit for a small loss if it goes against me and closes within my stop and entry.
Again volatility and volume are low. Waiting to see a bullish candlestick pattern to gain momentum.