9/29

YM -2, +6, +67, +1 = +72 total

Trades for today, notes on charts.  Last trade I tried a long off structure and moved to b/e1 right away but was taken out.

18175 breakdown point still untested and SOC up in that area as well.  We could try for this area tomorrow, if not in overnight session.

9/28

YM +14 total.

Came into the morning with no edge in the overnight session.

There was a ton of news today so I was planning on taking it easy and see what developed.

Day started out with:

And here are my trades:

9/27

YM +26, +27, -13 = +40 total

Most of my trades lately have been overnight inventory fades.  Coming into this morning I noticed there wasn't an edge in trying to play the overnight inventory, so I was just going to let the order flow develop and see what I could get out of it.  Here's what I saw this morning:

And here are my trades for the day, notes on charts.

Further explanation on 3rd trade attempt:

9/26

YM +51

Here's how I played today's PA:

Earlier in the morning when I got to my screens I had posted to the forums my initial thoughts along with a chart.  These proved to be incorrect:

"Some thoughts this morning
We are bouncing from PRZ. If we get followthrough then we could see price test the 1:1 extension / harmonic correction.

But also, we are 99% net short so could see squeeze up to 160-180 for test of structure / 382 of whole move down.

We'll see what price gives us at open."

9/20 Trades

Notes on charts.

Patience would have paid on my 3rd trade as price hit the 18056 that I was shooting for:

This post will contain trade charts and notes from July - September which I did not post here.

9/16

-16, +35 = +19 for the day.

9/15

Some thoughts and trades.

Came into the morning with a retest of the 161.8XA:

Attempted a short:

Nice move in total:

9/14

YM +51, +9 = +60 total

Came into today's PA fairly confused:

We had a full retest of the last LH however the leg that retested that high had less momentum than the leg prior.

Overall the expectation was still for a NSL but that expectation is weakened with the full retest.

IME, the majority of the time you are better off waiting for a pullback to go ahead and fade the expectation.  So in this case, I'd be looking for a pullback to get long but with the weakened momentum and the labored price action (as evidenced by the multiple swings to get to the retest) I just felt it best to SOH until price made more sense to me.

Price ended up making a 5w pullback into a demand zone which yielded a great move up:

Usually I am good about drawing relevant supply / demand zones each morning, however I clearly was not on my game as I left off the demand zone which rocketed price higher.

As I suspected, we did not create that NSL and instead we went on to create a NSH.  This is where I hit my first trade of the day.  Notes on chart:

Ultimately we completed a 1:1:

And so I was now on the lookout for a deep pullback so I could get long for another leg higher.

I had a demand box outlined and wanted to see price hit it to start looking long. There was fib confluence in there as well structure and the daily open. Price didn't hit it so I stayed out. You can see later in the session that price did come in to touch that confluence zone and while price made a small bounce, there was no sustained move upwards:

I was then debating this long where price made a nsh on the short term, so I thought that price was realigning with the long term and we could get a pullback to get long for a NSH on the long term. We got the pullback into demand but by this time it was just after 11:30 and I didn't think it was necessary to take on the risk. It would have been a profitable trade however the expectation of price making a NSH on the long term failed:

Note where we failed:

I sat most of the afternoon out but did come back and make a small, final trade.  Notes on chart: