Taken the following short swing trade on US 30
Entry 38956
TP 38900
SL 38990
Got a little squeeze while in the trade as we traded through the LTF buyside liquidity trapping the bulls before heading lower (red line)...as you can see we respected it and might have traded one point beyond it.
Taken some profits at 38920 and taken out at breakeven. As you can see not all the trades can or will hit tp the way we are looking to play it.
Still favouring the market heading lower as long as we do not break through the HTF buyside sitting around 39000 (top red line)
Done trading for the day and will come back to the market tomorrow. You'll have noticed I've posted more about US 30 lately and that is simply because the price action looks cleaner and nicer compared to US 100 for now. That is also part of trading...nothing wrong with changing the asset you are trading as long as you HOLD YOURSELF TO YOUR SYSTEM AND FOLLOW THE MARKET
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Entry 38956
TP 38900
SL 38990
Got a little squeeze while in the trade as we traded through the LTF buyside liquidity trapping the bulls before heading lower (red line)...as you can see we respected it and might have traded one point beyond it.
Taken some profits at 38920 and taken out at breakeven. As you can see not all the trades can or will hit tp the way we are looking to play it.
Still favouring the market heading lower as long as we do not break through the HTF buyside sitting around 39000 (top red line)
Done trading for the day and will come back to the market tomorrow. You'll have noticed I've posted more about US 30 lately and that is simply because the price action looks cleaner and nicer compared to US 100 for now. That is also part of trading...nothing wrong with changing the asset you are trading as long as you HOLD YOURSELF TO YOUR SYSTEM AND FOLLOW THE MARKET
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
