Wednesday, February 11, 2015

I don't know what day it is 2-11-2015

Yep really I don't but I think it might be Tuesday.


8:30am PDT Grexit news. Likely a market mover at least I hope so.

Yesterday was interesting. Price pushed much urther into prior day's range than I expected thus causing much stops to be triggered (2). Managed a scale on one trade but the other was a full stop out. I did finally get my long and managed a decent trade once price reversed. Obviously I still need to work on my patience some... Like maybe wait for a reversal candle or something yo.


Overnight did fuck all, OAIR probably going to be choppy. Probably best to wait a bit/small scalps until something breaks...

Hypo 1: Expecting a test of 2055 zone and (probably) slightly below key is holding it to initiate a long and look for new highs over yesterday. Scale at OVN hi area/yesterdays VPOC.

Hypo 2: Choppy in range in balance, just not going to do anything in this.

Hypo 3: Drop back into prior balance below 2055ish. Probably choppy and will be watching for break lower and trade that. Not really expecting this to happen.

Tuesday, February 10, 2015

Trickster Tuesday 2-10-2015

Not much time so right into hypos



Feeling rather tired today so will be waiting for something obvious to happen...

I'm not really looking for a balanced day. Need to see the LVN tested and likely to initiate a trade based on that. Ideally test the overnight LVN and then reverse to the upside which is similar but opposite to yesterday's hypo.

If the LVN doesn't hold I'll be shorting with an initial target of 2045 but looking for price to power down to fresh lows from yesterday.



Wednesday, February 4, 2015

Wankle Wednesday 2-4-2015

ISM just after the open.

Yesterday followed the familiar test one way rip the other way. Tested into the single prints which was hypo 1. I think any bearish bias needs to be nullified at this point. Yesterday's profile left a weak high as did the over night session. I think these highs will be tested this coming session if not very soon.


Current outlook is to open in range in balance (OAIR).

In a rush so my main hypo for today is a test down, rejection and another push higher above the weak high from yesterday. Below 2022 I am likely wrong on this trade and will look for a short into yesterday's single prints near the lows.

Tuesday, February 3, 2015

I think it's Tuesday 2-3-2015

Yesterday. Little planning but bearish bias. Worked really well in the morning then raped me in the afternoon. Fun fun fun.., Don't over trade and don't go from green p&l to red... In fact, I feel disgusted with myself for allowing this to happen. Not the right path to consistency.

Crude looks to be making a short lived come back. I do not believe it's the end of selling but this could be a decent bounce for the next week.


A fairly key CLVN was rejected yesterday at the 1973 zone where buyers stepped right up and screwed all the shorts. IMO action suggests not to be too bearish (but remain cautious). Price is back in balance and overnight made it's way to a key MCVPOC/MCHVN/CHVN. A strong magnet.




I think the 2060 level will now come into play and that is my primary hypothesis for the next few days assuming price remains in this balance zone and rejects a test down.


It looks like we will open out of range (OAOR). I'm looking for a gap close and push into yesterday's profile. Would like to see a test and rejection of the single prints where I will be looking for a decent move towards and possibly breaking the over night highs. If the single prints don't hold then yesterday's VPOC and below are targets but will be looking for more of a balanced day. Given the volatility lately... who knows.

I will also be looking for OD/driving behaviour but not expecting this initially.

Over night high will be fairly key today. It's an HVN and a possible location for sellers to step in.


Not really feeling it due to yesterday but that can often change quickly. Light and tight today.