for NinjaTrader® – Forget Squiggly Lines!
Continuation, Opening Range, misplaced RVB, 2fBO, 1tF BT, XT, fBO, fH2, L1, mDB, DB, SHS, DT
a couple of nice strengtheners from the Buy Sell Pressure indicator
check out the red and green comments on the chart
daily chart
Always In Long (AIL) since 06/04
bears got a signal bar for a fBO of the ATH, but it’s overlapped 2/3rds by the prior bar, which is a TR bar
aggressive bulls buy lmt C as they expect it to fail
Bull gap, above HOY, TRI, 1P, fEB, BP TRI, bear CH, mTT, fBO, mDB, mW
a bear CH ends in two ways:
daily chart
Always In Long (AIL) since 06/04
bears see a DT with the ATH and probably sell the Close
Continuation, shallowest trend lines from yesterday, DB, inv. SHS, L4, L5, bull CH, BT, fL2, H2, fL3, H3, DT, mDT
the “FOMC bar” is a large outside up bar, so some caution is advised
but the next bar, a RVB, doesn’t trigger, it probably becomes a TR and is taken out sooner or later
that’s why we see BB that TR, the fL2/H2 and fL3/H3, which were at OOD support
daily chart
Always In Long (AIL) since 06/04
bears see a micro DT
but another bull close just below the ATH, we probably get there
Bull gap, above HOY, T1B, DT, fBO, fH2, TRI, BP TRI, mDT, XT
b2 is a very strong Trend Attempt (TA)
off of support and breaking a resistance by several points
decent size, shaved Open, very small entry side tail
a high probability trade, if using a bar stop and going for 1x IR
draw a MM immediately to figure out your target, as computers do that too 🙂
daily chart
Always In Long (AIL) since 06/04
BO bar, but taily and just below the ATH
wait for FOMC tomorrow
Continuation, Opening Range, DB, XT, DT, DP, LH MTR, fH2
daily chart
Always In Long (AIL) since 06/04
sellers above Thursday’s weak EB (yesterday we had BB)
FOMC Wednesday