Posted by johnny2012 on 3rd of Oct 2023 at 07:31 pm
Happy to help. Too bad the Ihs didn't play out. It was pretty.
But that's why you don't marry the pattern. I was short down to the
14700s and took a lower risk long with a stop, so I did alright
today. I give it some room so I have a little draw down from the
afternoon drop, being transparent. Not every trade is a winner.
Just need an exit strategy.
But that's my plan. I trust Matt's systems will play out soon so I
will give my long some room and add if we get a little more
downside. I appreciate everyone's posts and really enjoy the
community.
Posted by johnny2012 on 3rd of Oct 2023 at 07:59 am
Update: Keep an open mind. Even the drop this morning makes it's
pretty symmetrical. Could go lower 14800s and still a good
set up. Nice looking IHS but just date her. Don't marry her. Just
in case she turns out crazy. Lol
Posted by johnny2012 on 2nd of Oct 2023 at 04:05 pm
Nq 60 min looks like a bigger IHS forming. Head was a smaller
Ihs last week. Definitely something to keep an eye on. Could get
several hundred points to the upside.
Posted by johnny2012 on 2nd of Oct 2023 at 11:54 am
Nq 5 min Price morphed into a coil from the 1 min hs and broke
out to the upside. Then reversed and broke back below the
upper trendline. Monitoring the reversal to the downside.
Posted by johnny2012 on 29th of Sep 2023 at 02:23 pm
5 waves down off the highs. Very close or already an objective
area to cover shorts and reverse to go long. Tight stop at the
extended neckline just in case it fails. 14800/14820
area.
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Little bear flag on NQ
Posted by johnny2012 on 4th of Oct 2023 at 01:52 pm
Little bear flag on NQ 5 min. Could give 50 points and take it back to 14800.
Update: Nice break down from
Heads up. Tagging that NQ trendline now.
Posted by johnny2012 on 4th of Oct 2023 at 01:44 pm
Update: Nice break down from that wedge like pattern at trend line resistance area.
NQ 60 min update: FYI.
Heads up. Tagging that NQ trendline now.
Posted by johnny2012 on 4th of Oct 2023 at 11:52 am
NQ 60 min update: FYI. While tagging the trendline has a possible bear wedge formed too. Stay on your toes.
Heads up. Tagging that NQ
Posted by johnny2012 on 4th of Oct 2023 at 11:49 am
Heads up. Tagging that NQ trendline now.
Nq 60 min. I extended
Posted by johnny2012 on 4th of Oct 2023 at 09:42 am
Nq 60 min. I extended this trendline to watch. Lines up with the previous several reversal areas so may get a reaction. 14868. Approximately
Same thing I'm looking out
NQ Supply Zone 14,827-15,045
Posted by johnny2012 on 4th of Oct 2023 at 09:10 am
Same thing I'm looking out for. Lot of ground to cover to get through that. Big zone.
USD continues lower from that
Possible diamond top on USD index. 60 min chart.
Posted by johnny2012 on 4th of Oct 2023 at 08:48 am
USD continues lower from that diamond, giving the market a reprieve.
Thank you for your analysis
Asia red...weak open
Posted by johnny2012 on 4th of Oct 2023 at 08:23 am
Thank you for your analysis on NQ Steve!
Update: 60 min chart Nice
Possible diamond top on USD index. 60 min chart.
Posted by johnny2012 on 4th of Oct 2023 at 07:20 am
Update: 60 min chart Nice reversal on USD index out of the diamond thus far.
Possible diamond top on USD
Posted by johnny2012 on 3rd of Oct 2023 at 08:20 pm
Possible diamond top on USD index. 60 min chart.
Happy to help. Too bad
NQ 5 min. Another possible bear flag look ABC off ...
Posted by johnny2012 on 3rd of Oct 2023 at 07:31 pm
Happy to help. Too bad the Ihs didn't play out. It was pretty. But that's why you don't marry the pattern. I was short down to the 14700s and took a lower risk long with a stop, so I did alright today. I give it some room so I have a little draw down from the afternoon drop, being transparent. Not every trade is a winner. Just need an exit strategy. But that's my plan. I trust Matt's systems will play out soon so I will give my long some room and add if we get a little more downside. I appreciate everyone's posts and really enjoy the community.
Hey Matt. Any systems looking
Posted by johnny2012 on 3rd of Oct 2023 at 01:53 pm
Hey Matt. Any systems looking to take additional entries at the moment? Or more systems jumping in?
Updated. Added the wrong chart.
Could take a long in here with a tight stop. ...
Posted by johnny2012 on 3rd of Oct 2023 at 10:41 am
Updated. Added the wrong chart. Should be the 14790 area I was talking about taking a long around here.
Could take a long in
Posted by johnny2012 on 3rd of Oct 2023 at 10:27 am
Could take a long in here with a tight stop. It's tagging the area of the previous head and shoulder neckline . Nq 60 min
Update: Keep an open mind.
Nq 60 min looks like a bigger IHS forming. Head ...
Posted by johnny2012 on 3rd of Oct 2023 at 07:59 am
Update: Keep an open mind. Even the drop this morning makes it's pretty symmetrical. Could go lower 14800s and still a good set up. Nice looking IHS but just date her. Don't marry her. Just in case she turns out crazy. Lol
Nq 60 min looks like
Posted by johnny2012 on 2nd of Oct 2023 at 04:05 pm
Nq 60 min looks like a bigger IHS forming. Head was a smaller Ihs last week. Definitely something to keep an eye on. Could get several hundred points to the upside.
Nq 5 min. Could be
Posted by johnny2012 on 2nd of Oct 2023 at 12:31 pm
Nq 5 min. Could be another bear flag setting up. Could give 150 points. If it plays out.
Nq 5 min Price morphed
Posted by johnny2012 on 2nd of Oct 2023 at 11:54 am
Nq 5 min Price morphed into a coil from the 1 min hs and broke out to the upside. Then reversed and broke back below the upper trendline. Monitoring the reversal to the downside.
Nq 1min. Possible head and
Posted by johnny2012 on 2nd of Oct 2023 at 10:43 am
Nq 1min. Possible head and shoulder setting up. Right shoulder now. Could take it back to Friday afternoon lows 14811/14820 range.
5 waves down off the
Posted by johnny2012 on 29th of Sep 2023 at 02:23 pm
5 waves down off the highs. Very close or already an objective area to cover shorts and reverse to go long. Tight stop at the extended neckline just in case it fails. 14800/14820 area.