Lamont

Full-time futures & stonks trader | Volume profile specialist | I share actionable levels and updates | Husband | Ghost dog parent | Will follow animal accounts

[Lamont @ChartGuysLamont]

Will forever be grateful for finding @ChartGuys and learning to trade as it allowed me the means and time to show my little buddy more of the world during her short time with us.

[Lamont @ChartGuysLamont]

I refer to this gif all the time to encourage folks have a positive relationship with stops. If it takes you out of a trade before the overall idea works that's always a bummer but the alternative is eating potentially life-changing damage. Friends don't let friends trade without stops.

[Lamont @ChartGuysLamont]

@cole_purchaseee Likely in the short-term. Conservative buyer can wait for some demand to get established around the major POC before looking for a HL play

[Lamont @ChartGuysLamont]

Key test for $BTC here against the POC of the structure price spent most of 2024 balancing in. Need acceptance above 67503 in order to affirm the structure as demand. If hold, VAH backtest at 70057 key to see if buyers can get back to moving value higher relative to the 2024 structure. Next downside objective the value area low 60127 which is what held during the last breakdown from supply. Inability to get down to the VAL would be a good defensive look for buyers.

[Lamont @ChartGuysLamont]

$BTC sellers confident as long as lack of acceptance above 80524.65 to negate Jan 31st breakdown. Rejection from the structure and back in the range of the demand established in 2024 makes next seller objective the value area high at 70057. Buyers need to hold above the VAH in order to keep moving value higher relative to the 2024 structure. Responsive trade under local supply and above 2024 structure reasonable.

[Lamont @ChartGuysLamont]

$BTC sellers recently failed to touch down on the POC and VAH of the key structure from 2024 indicative of weak selling at the moment. If higher highs all about 80524.65 to see if buyers can negate the January 31st breakdown.

[Lamont @ChartGuysLamont]

@CricketInMyRoom Thanks, Funko is going to take over the weekend updates due to popular demand. I'll post more VP updates here on twitter !

[Lamont @ChartGuysLamont]

Buyers defended support but failed to break to new highs for the first time in 7 weeks. Are sellers setting up a rug pull or is this consolidation healthy?

https://t.co/EFXEdlPkmZ

[Lamont @ChartGuysLamont]

Dinged the low of the day in $YM just based on how value was moving over last two sessions and the straight shot down to test yesterday's low discussed in premarket prep and reiterated at open. Plan the trade, trade the plan. Could have been wrong of course, but cheap to find out at yesterday's low.

[Lamont @ChartGuysLamont]

@mrgolding It's all mountains and coasts! Beautiful country for sure

[Lamont @ChartGuysLamont]

Visiting the motherlands but still making time to trade $ES during the NY morning session. Capturing trend days all about gaming out the scenarios in which you should be willing to play. If being aggressive need to go right at the gate following incomplete gap fill and be willing to try again for a balance play if you get a gap and hold instead. If both fail, accept the damage as cost of business and play again next time.

[Lamont @ChartGuysLamont]

Some great hiking in Busan, all within city limits!

[Lamont @ChartGuysLamont]

@RyanlennyLen Better to react than predict. If shooting star sellers will find acceptance below this week's low. Odds favor a higher low from buyers. Size of retracement before that happens will set the tone in the short-term

[Lamont @ChartGuysLamont]

Impossible to predict the news drop but a balance play topfishing against the developing value area high of the local daily range in $RTY $IWM was a reasonable setup with good R just playing to the developing point of control. Shared the logic for entries and exits with the futures gang as always, join us in the room if you're interested in trading index futures and/or volume profile. Very straightforward method to trade.

[Lamont @ChartGuysLamont]

$BTC buyers held two backtests against the high of the major demand established back in 2024 after they prevented a backtest of its VAH and POC. Now knocking on the low of local overhead supply 80524.65. Need acceptance above to negate the Jan 31 breakdown. If you used the trade zone shared in weekend updates, about time to book some partial profits and leave a stop for remaining position under 60k.

[Lamont @ChartGuysLamont]

$BTC sellers recently failed to touch down on the POC and VAH of the key structure from 2024 indicative of weak selling at the moment. If higher highs all about 80524.65 to see if buyers can negate the January 31st breakdown.

[Lamont @ChartGuysLamont]

Sellers didn't defend the ATH structure allowing buyers to create ample space for higher lows. What levels do buyers need to hold to stay confident and where should they be interested in buying higher lows?

https://t.co/zpTUs9b4RO

[Lamont @ChartGuysLamont]

@FraternityStop

[Lamont @ChartGuysLamont]

AI is coming for everyone's jobs.

[Lamont @ChartGuysLamont]

@RyanlennyLen

[Lamont @ChartGuysLamont]

@subclayHQ You've literally taken someone's marketing job!

[Lamont @ChartGuysLamont]

Technical references are paramount. Weekend update watchers will recall we were watching for clues in $YM $DIA to see if it could hold the monthly breakout point which would increase the potential that $SPY $QQQ retracement would stay above their monthly breakout points. Thesis and trade zone in March 15th update before the leg into the test.

Last week we discussed the potential for fear headlines to inspire selling against the ATH supply with the caveat that any selling that couldn't take out the high, 673.95, of the structure that supported all the balance from last November into March would be weak. Sellers didn't even come close to touching down on the level before ripping through the ATH structure's POC, 687.82, the key upside reference. That level now becomes key going forward upon any retracement to see if buyers can stay positioned well for new highs. Buyers confident as long as acceptance above.

[Lamont @ChartGuysLamont]

$DIA $YM trade setup shared in weekend updates surpassing target on this gap. Would not wait any later than now to book some profits and throw a stop under the low at 450.44 for remaining runner. Potential monthly higher low being set.