US500 Outlook 5/29

29 thg 5, 2023

Bullish on SPX till around 4330.1 which is some old high buyside liquidity. NFP week this week so take all analysis with a grain of salt. The market will decide where it wants to go on Friday morning. Everything that happens before then is building of liquidity.

All other relevant POIs are annotated on the chart.

31 thg 5, 2023

Ghi chú

long on SPX, dont like buying during lunch but the daily BPR is too attractive not to.

31 thg 5, 2023

Ghi chú

initial reaction favorable.

31 thg 5, 2023

Ghi chú

going break even

31 thg 5, 2023

Ghi chú

there's a decent chance the day closes bullish.

31 thg 5, 2023

Ghi chú

can you see the liquidity yet?

31 thg 5, 2023

Ghi chú

didn't get the push for the daily open that I wanted. holding interday with SL at BE. Hoping for completion before NFP friday morning.

1 thg 6, 2023

Ghi chú

still holding. Asia threatened stopping out break even.

1 thg 6, 2023

Ghi chú

going to give it till yesterday's low

1 thg 6, 2023

Ghi chú

will add if i get this.

1 thg 6, 2023

Ghi chú

juuust when you are about to lose hope and capitulate. Its engineered to do that.

1 thg 6, 2023

Ghi chú

tapped into second position

1 thg 6, 2023

Ghi chú

trading is not easy. but it can be simple. its a series of "if/then"s

What do you want to see? How will you react if the market moves how you wanted it to?

1 thg 6, 2023

Ghi chú

a less risky take profit will be here at the 12H FVG.

But where's the fun in that?

1 thg 6, 2023

Ghi chú

TP1 bagged and tagged. 80% off the table, holding for TP2.

1 thg 6, 2023

Ghi chú

this is why i take profit 80/20.

1 thg 6, 2023

Ghi chú

notice that after invalidating the 12H FVG area, price returns to it before continuing to push up.

1 thg 6, 2023

Ghi chú

Today is my birthday, grateful the market gave me presents

2 thg 6, 2023

Ghi chú

All TPs hit, trade collapsed. done for the week.

2 thg 6, 2023

Ghi chú

if we take all the trading from below the weekly open, and extend it above the weekly open, price is currently at a 1:1 projection. This would have been a nice target had I either wanted to hold longer, or enter a new trade today