[006] Accessing An Old Trend

I released a Morning Update to my Paid Members. Within this plan marked today’s RTH Session 11/14 Low of the Day. This also protected those who may have had a short bias as my outlook on shorts would not even be considered at Prices we’re currently trading.

Let’s look at how my Plan held up today.

The Open

Our Accurate Pivot of 15830 was captured quickly and early in the day. Bids rushed in to support higher Prices and in response the market traded Higher. Whilst still early in the session, this positioning will come into play later in the day.

Luckily the paid members had this area on WATCH (marked in RED) and was issued a warning that this area will dictate my intraday auction. Looking for it to prove/show support Above. The market proved this area to be controlled by buyers, thus we traded Higher.

Drifting Re-Bid

My thoughts of Bull Victory began to come to the surface. Slightly early, Opportunity rich : Here’s my thoughts on what happened.

1. Heavy liquidation from Commanding Highs falls into SetSupport (Pending)

   1. The Pivot was captured by Bulls, but untested. First Crux.

   2. If the Pivot is True : There should be /a/ response.

   3. If the Pivot has been activated : There should be confluence(s).

2. The area of interest Confirmed

   1. This was the first sign of two-way this heavy offer found.

   2. We went from having Tetris : Blues

   3. To having Tetris : Cubes

3. Heavy activity into the lows — Exhausted

   1. The market spent time digesting the activity thus far.

   2. The market did so directly in our zone.

   3. Sellers started excited, even pressing lows on Iceberg — 622x299

   4. But all this excitement fell off, the prints began to vanish

4. Then they began to flip — Reversal : Squeeze

   1. It was supper effective : KO

Fractal KO

(11/14 RTH [R]FP with Volume Profile)

This squeeze came in sharp, and came in beautifully. Take a look at the image above.

We had some stacked lows at 15855. At this point of the session, I understood that the bid was firmed. It has also worked several times at this point in the session, a juicy stop run of weak longs is due.

If the Market is able to hold 860, the trend continues.

The market spiked the lows by a mere 7 points, but sure enough it was enough to trigger a reaction from multiple participants. Left to right we have ourselves

1. Long liquidation forming a b-shape VP at the lows

2. Heavily nuanced activity entering the market into these fresh lows (SetSupport)

3. Bid Lift that blows your ladder straight off your screen.

4. Some of these Prints are not like the other!

I posted these ideas on Twitter. Even gave my stops well in advanced. This first defense of Our Support held True and broke to New Highs of the Day.

TLDR

Bot the Lows and Spiked to the Highs. All of which, identified before the market traded these Prices. Revisit the Weekly Plan if needed.

Weekly [11/12] Thots

Our Plan’s Pivot directly marks the low of the day at $NQ 15830. We then bid 15900.

Side Quest

The session prior, I thought I gave valuable insight of Identifying the Highs. I requested 100 Comments and we fell short. This time, I am requesting 125, my bar gets raised.

This session I identified the offer directly with JUST the DOM, the entire level (IMO) that controls this auction.

This warning when I found it;

1. Provided an immediate 50p bleed from swing highs → new lows

2. Gave caution for my own long continuation

3. Gave insight on how to re-access a better bid

If this information would help you, I let the market (you guys) decide. More activity : More Bonus Content. Personally happy with my management with this sequence.

I identified, gave bids a BIT of a chance, puked my inventory; and luckily the market revisited the Pivot to give me another chance at accessing a possible move to the upside.

Filled 15830 on -15p or sooner. — 2:10pm EST

Realized Half : 4.5R