I have possibly captured all inputs for the trades taken. Please feel free to comment for any clarifications/suggestions.
1 & 2 in chart indicates 2 trading opportunities with their analysis.
Trade Opportunity 1 -
The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry signal as per my trade setup, I ignored, and waited.
Observed a beautiful price compression breakout. Entered an ATM strike price at the compression breakout, but small SL was taken as the price did not move as expected.
Waited for the next trade opportunity.
Trade Opportunity 2 -
The market showed continuous signs of fatigue which were evident through the price action in 15 min,5 min, and 75 min.
1)15 min Candles were all Hammers, Shooting stars for about 1H+.
2)75 min showed rejection at 50% Fib level of Previous swing high. 5 min TF
3) 5 min showed a triple top sort of formation.
Hence eyed a PE ATM strike and entered a quick scalp based on 1 min Price compression/Triangle pattern breakout, 1:1.5 RR.
So was able to end the day at 5% ROI.
1 & 2 in chart indicates 2 trading opportunities with their analysis.
Trade Opportunity 1 -
The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry signal as per my trade setup, I ignored, and waited.
Observed a beautiful price compression breakout. Entered an ATM strike price at the compression breakout, but small SL was taken as the price did not move as expected.
Waited for the next trade opportunity.
Trade Opportunity 2 -
The market showed continuous signs of fatigue which were evident through the price action in 15 min,5 min, and 75 min.
1)15 min Candles were all Hammers, Shooting stars for about 1H+.
2)75 min showed rejection at 50% Fib level of Previous swing high. 5 min TF
3) 5 min showed a triple top sort of formation.
Hence eyed a PE ATM strike and entered a quick scalp based on 1 min Price compression/Triangle pattern breakout, 1:1.5 RR.
So was able to end the day at 5% ROI.
Ghi chú
Please check for Trade opportunity 2 detailed entry setup in options chart. Do not miss!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.