The weekly has returned to balance, and the daily is one-time framing down, as sellers experienced their first meaningful downside traction in a while. I'm observing today's afternoon rally high in the short-term.
Additionally, the afternoon rally high is weak against today's RTH halfback, implying that stronger buyers should have no difficulty breaking it. Failure to break and sustain above it = lack of stronger buyers from today's session.
Finally some fireworks in the market. It is going to be tricky to see whether this is the usual failed breakdown, or the beginning of something more ominous
While I'm not entirely certain about the precise definition of supply and demand levels, I rely on market and volume profile to identify my levels of interest.
Smash, you need to create a course not on how to trade and be profitable, but about how you approach the markets. This would be of great service to the trading community.
Additionally, the afternoon rally high is weak against today's RTH halfback, implying that stronger buyers should have no difficulty breaking it. Failure to break and sustain above it = lack of stronger buyers from today's session.
This post is excellent! Thank you for your ongoing dedication in providing it.
Finally some fireworks in the market. It is going to be tricky to see whether this is the usual failed breakdown, or the beginning of something more ominous
Great plan! Works very well. I traded these levels today.
Smash do you use supply and demand levels? If not how come?
While I'm not entirely certain about the precise definition of supply and demand levels, I rely on market and volume profile to identify my levels of interest.
Understandable, I like the way you trade. What would you advise me to study more to approach the market in a similar?
Sent you an email.
Blockroots is you?
No, it's not me.
Smash, you need to create a course not on how to trade and be profitable, but about how you approach the markets. This would be of great service to the trading community.