Tuesday, December 6, 2022

Open

Day

Trades

  1. Yellow circle: Almost no trades this day, as the market sells off on the open without a good entry. We get a trade around 9:45, with a bearish harami on the 1m 34, during a very congested period. We can anticipate a run after this period, but it takes a long time to come.
  2. Orange circle: 1m comes up for a pullup and bearish harami at some point, along the 5m 21, which sets up the final run.
  3. Purple circle: 1m on the the freshly bear stacked EMA, non-sig non-7J bearish candle in case we miss the 1m wave/5m 21. But this trade is suboptimal, it’s worth skipping if we don’t take the proper set up at #2.

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