Thursday, May 19, 2022
Open Day Trades Yellow circle #1: 1m first wave with 5m 34, textbook. Orange circle: After the new high, 1m comes back again below the 0 line and hits the
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Open Day Trades Yellow circle #1: 1m first wave with 5m 34, textbook. Orange circle: After the new high, 1m comes back again below the 0 line and hits the
Open Day Trades
Open Day Trades Yellow box: Note the 4H is coming off the 21, with a 1H wave at the same time. This produces a massive crash immediately at the open,
Open Day Trades Purple circle on 1H: Note that the MACD is climbing overnight, but we get a sharp downward move to open. This sets up a large bullish move
Open Day Trades Yellow circle: Market opens above the 0 line on 5m, wanting a proper upwave, and we get a 1m bullish harami non -7J big body hammer along
Open Day Trades Yellow circle: We open with a straight down move as expected off of yesterday’s FOMC. 1m does not provide any entries for a very long time, until
Open Day Trades Before getting into trades, note the channel this time. We get two clear bottoms established early on, and can use these to create the channel on the
Open Day Trades Yellow circle: The market opens up bullish on a 1m wave, and simply runs up for about 200 points without a proper entry. We can miss this,
Open Day Trades Yellow circle: 1m opens bullish, with 5m MACD trying to pull below 0 but struggling along the EMAs. Bearish engulfing 7J candle here can get us in
Open Day Trades Yellow circle: The market opens up, and pulls back to the base as is standard, but without a sig-candle on 1m to enter. There is a bearish