5. People get too narrow in their analysis and don’t look at the big picture first before moving down into lower time frames.
This is probably why you’ve seen a “cup and handle” or a “head and shoulders” fail so many times. There is no higher time frame bias being taken into consideration.
Here’s a video of me breaking them down…
https://t.co/cX5RuBGSCY
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@MandoTrading although i dont see anything suggesting lower HTF what am i missing here. i was pathing a run down to the 160s for monthly/quaterly liquidity? or is that too greedy too early
$NVDA left behind some clean monthly lows despite a strong close on Friday. I would love to see a sweep of last month's low and challenge the final weekly imbalance at 185 before a rocket to new highs. Little late to the party from where we currently are and we've already got into discount. If it leaves without me, so be it...
$CRWV
Relative equal lows down to $63.80 look primed.
After sweeping that low I'd need to see the monthly close above that mark. Failure to do so and I think we see $47.03
That would be my ideal long location... deeply discounted inside of both a monthly and quarterly bullish imbalance.
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"How do you approach trading at all-time highs?"
A question that I've received many times over the years...
In this thread, I'll discuss how I view markets when indices are at all-time highs 🧵
$SPY $QQQ
@MandoTrading All those gaps down to quarterly discount and not a single gap up yet on this run on the weekly. bears will be running into a HTF HRLR if they can even get anything started
In a time of gambling, be methodical 🧘♂️
Learn a model, back test and prove it to yourself and then don’t stray away from it
Lottos work until they don’t and then you’re back at step 1 all over again
"How do you approach trading at all-time highs?"
A question that I've received many times over the last few days...
In this thread, I'll discuss how I view markets when indices are at all-time highs 🧵
This is my approach and honestly the only way I've learned to make sense out of all time high trading. Play individuals names according to their current setups, trade smaller time frames only looking for low hanging fruit objectives and not look for the home run.
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