US30: Day 3 long traders in the market, previous HOW reached

21 czeHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)

• Monday DAY 1 Opening Range
  
• Tuesday DAY 2 Initial Balance
  
• Wednesday DAY 3 (reset DAY 1) Mid Point Week
  
• Thursday DAY 2
  
• Friday DAY 3 Closing Range ✅ no daily cycle
  

2. SIGNAL DAY

• First Red Day
  
• First Green Day
  
• 3 Days Long Breakout ✅
  
• 3 Days Short Breakout
  
• Inside Day
  

3. WEEKLY TEMPLATE

• Pump&Dump
  
• Dump&Pump ✅
  
• Frontside ✅
  
• Backside
  

4. THESIS:

• Long: primary, two weeks of dump and pump scenario has been completed yesterday at the end of the session. The market broke higher and started today dumping down for 3 level. I want to see how the price is going to behave after 9:30am NYO and news release. If the 3 session dump and pump will hold, I will be more than happy to take a long continuation.
  
• Short: secondary, I don't see this market coming all the way back down, however, if after 9:45am a pump and dump 3 session is identified, I could be happy to scalp a short trade.
  

Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

21 cze

Komentarz

Daily overview
News at 9:45am NYT, every potential trade will be taken after that

21 cze

Komentarz

The LOD did not hold, market went lower, still watching till 9:45am

21 cze

Komentarz

Market reached current HOD, potential of range expansion, is out of balance