for NinjaTrader® – Forget Squiggly Lines!
Bull gap, mid range, Opening Range, 1P, DT, XT, fBO, LL MTR
all reads in hindsight, as there was a public holiday here in Germany and I took the day off
daily chart
Always In Short (AIS) since 05/20
going above HOY triggered a fBO after the BO below 05/13
today is the EB for that fBO, but a weak doji, bulls need more
today might end up as a BP/BT of the BO level
Bull gap, above HOY, fBO, bear CH, CXT, 1TL, 1IB, fL2, HL MTR
we opened just below resistance and formed a nice RVB (b2)
the large OL with b1 and the weak EB made some CH PA likely
then we had three text book CH setups – CXT, 1TL, 1IB – very nice
LOD formed after a BT of yesterdays shallowest bear TL
daily chart
Always In Short (AIS) since 05/20
another bear body, but weak close (above mid)
bears are still on their DT LH from 05/16
bulls still work on their DB (yesterday) and possible HL MTR
Bull gap, above HOY, DB, DP, XT, BT, mDB, DT
the deep PB ended at yesterdays shallowest bull TL
check out why I draw yesterdays shallowest trend lines
here are some more examples
daily chart
Always In Short (AIS) since 05/20 (but two bull bodies)
another bull body, no FT for the weak bear BO bar from yesterday
Bear gap, mid range, T1B, 1Tail, fL2, mDB, 1tF BT, DB, DP, fH2
daily chart
Always In Long (AIL) since 05/15
bears S at the COY and at the EMA
the SB (yesterday) of the two-legged PB in the bear CH triggered short
although it’s a weak SB and today is a weak EB for that
Monday can be a BO though (gap dn)
Bull gap, mid range, DB, 1P, XT, bull CH, XT, BP, mW, DT, DP, 2E
daily chart
Always In Short (AIS) since 05/07
Yesterday we trapped out a couple of bulls, who had stops below the SB for the 2E on the daily chart (03/28)
today aggressive bulls B that possible exhaustion/oversold scenario