(binned per thread starter's request) Market bottom rotation trad

Sold plus 3R in total. Got a bit wierder execution on Tradezero broker, only 2 exits.



76,95 was defended pretty agressively, price rallied strong just after the exit of trade.

HST micro shelf failed to hold, exited in loss.

ALLY 27,91 longed, looking for rotation move, flipped supply has to hold as support.

ALLY sold for loss. Micro shelf failed.

PCG A quallity setup, looking to get filled on pullack.

PCG strong move, sold position too early by mistake on TC2k, Tradezero got a normal exit fill though.

Hi Janpec1000,

thanks for your contribution. Parabolic crash trade from this morning, but entered late . Does it look like a trade you would do?

Hello toti, yes defenetly a entry setup. It is true that your entry could have been earlier right after first initial bounce, however technically the structure that formed afterwards was a very likely bottoming structure, often after parabolic crash if there is heavy increase of volatility on bullish structure it will in most cases form a bottom, it just then depends where do you enter on bottoming structure to minimize the risk.

AUDUSD looking for small pullback to initiate long, initial supply and whole area supply got taken out.

AUDUSD rotation baked.

Strong bottom formation on AU, solid run higher.

CSX tracking it for possible parabolic extension, not yet there needs some more digging.

GJ

Hi
are you demonstrating a principle or also a trade you actually took?
wondering where you would have entered and exited?

GJ in really strong down momentum and it looks mid-air; I see no support or demand yet, just there.
As it happens the next sequence of candles went south and printed new Low

If trade is taken it should be visible on chart. For equitiy charts its represented by blue (long) and red dot. On FX its standard Mt4 arrow-distance and should be visible on chart. In this case was just pointing out potential setup for entry.

The entry is always on the supply takeout for long, after highs are taken out and the price bounces of by forming micro shelf. The price target for TP was reached in the case of setup even that it later crashed way down. The point of trading rotations is to take a structural target TP that usually goes to 1:1 ratio of structure (low/high) size. On my initial picture target should have been met if entry was taken, it is however possible to aim for large heavy bottoms and strong targets, but in such case BE SL always has to be set, this is simply due to how rotations of structural price action behaves in terms of squeeze-impulse ratio.

Overall higher time frame trends doesnt matter at all, not in any way. Trading rotations and reading price is specifically related to understanding rotations and liquidation events those that start new impulsive legs or new trends way before higher time frames show any clue. An example today, equity markets have been droping (almost crashing) 3 days in row, yet that doesnt mean that bottoming trades could have not been taken. All 3 with except 1 trades were sucessful, nothing more unusual than on any very bullish day. If you want to catch trend rotation it always has to be taken from time frame / volatility frame specific perspective, never simplification of higher time frame, that is not how bottoms are cought unless one does guessing work.

AUDCAD tracking closely for potential long, supply most likely to be taken out. 9825 key level to watch, needs takeout and then forming a shelf rejection.

ED

AUDCAD bulls on line no proper followtrough yet.

ACAD completing rotation near market close.

ED forming the squeeze near market close, possible further followup on monday.