All opportunities you seek are obtainable, if you will only Begin your journey along the path.
You will hold yourself at the starting line for fear of realizing a result.
So, take a step.
Start.
Good change of pace in #ES_F with vol for the 1st time in a week. 6145 fail triggered to 6123, 6109 as posted. We managed a pop to ~6129 1st resistance as posted 35 mins ago & now back to 6109 again
Weaker now, Bulls must push fast to see 6129, 6133, 6145. 6098, 6084-88 below
Since Friday 6154 was target in #ES_F off 6120 support and we tagged it overnight, now back in the same chop range again where we spent last 3 days (6145-6120). 6138 weak support as posted, dipped through.
6116-20 must hold, or we start sell to 6098. 6138 must reclaim now to pop
Next 4 years will be an endless alternation between Trade Talks/no tariffs headlines (rally) & talks cancelled/tariffs headlines (crash). Key not to focus on the headlines rather focus on your lvls & trading the traps/Failed Breaks that nearly always occur after the headlines hit
Three targets were given for today as long as 5949-51, 5934 lowest held in #ES_F: 5990 (hit), 6008 (hit), 6020. We held 6049-51 exact, ran to 6020. Anymore = bonus, just keep letting runners work
Headline driven market. 6056, 6066 to fill gap next if ES wants more. 6008=support
It was a great session, and we just got another quality trade into the close: I posted 6082 must reclaim to resume up. We reclaimed, and rallied 20 points. Lock in those gains, let runners go, same upside targets apply from before
For me the biggest difference between profitable and unprofitable trading is profitable is boring and repetitive; unprofitable is exciting and varied. When I make the most, it is the same setups, with the same risk, managed exactly the same (often at the same times) over and over
Price slowing now as we await FOMC. Its been an incredible run, 130 points from the failed breakdown yesterday 4pm of 5438 key support. 5555, 5567 were todays targets, hit. Protect gains now, *anything* can happen with FOMC
5585, 5605 next if #ES_F wants. 5546=support. Dip below
5555 target hit now +120 points from yesterdays 5438 long trigger/failed breakdown. Today's rally is no coincidence. After MFST yesterday, we flushed the daily low 5438, put in a classic failed breakdown, trapped, short squeeze. Anymore today is bonus
5567, 5585 next if ES wants
29 July $NQ_F pre market short.
After failed breakout on KISS chart, short side activated for a VWAP/200SMA short correlated with @AdamMancini4 5519 support on $ES_F.
@RevenWood1 live trading desk 🎯
Keep Getting After It.
Yesterday, #ES_F snapped its 3 day red streak. Yesterday, I provided 3 targets: 5604 (hit, we spent yesterday here), 5617 (just hit exact), 5630.
Plan today: Keep riding the runner. 5611, 5602=supports. Keeps 5630-33, react, 5646+ live. 5602 fails (weak now), we dip 5585 again