(binned per thread starter's request) Market bottom rotation trad | Page 273 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading using average rotation of swings (ARS)? 21 replies

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

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

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

  • #5,441
  • Aug 8, 2018 4:08am Aug 8, 2018 4:08am
Quoting ken.b
Some trades on LTF binary options and HTF spot {image} {image} {image} I think this is a valid setup, just that the trade doesn't work out. {image} {image}
All with exception of first one a solid plays.
On AUDNZD the entry should be earlier on where the mass area of supply got taken out on decent momentum and first HH bake. In some cases the entry on where all highs are taken out is also a way to go as long as you use tight stop, but generally for more juice in trade earlier entry is better.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko20.png Size: 43 KB
  • #5,442
  • Aug 8, 2018 4:11am Aug 8, 2018 4:11am
Quoting charvo
NJ and NU developing, but NJ is prettier looking. UJ is a pullback, but still in early developing, many hours to go...... {image} {image}
NZDJPY solid quality play, but micro shelf failed and thus the rest went down with it. I was considering the first micro M1 HH bake on retrace leg as entry, but didnt pull it as spreads were just not optimal. Decent play though.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko30.png Size: 51 KB
  • #5,443
  • Aug 8, 2018 4:12am Aug 8, 2018 4:12am
Eyes again on Turkish lira. Its rotating above the highs currently, could bake another runner.
Only attempting this one from micro entry if anything is printed. Missed one nice setup just few minutes ago.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko35.png Size: 53 KB
  • #5,444
  • Aug 8, 2018 4:34am Aug 8, 2018 4:34am
Quoting janpec1000
{quote} First two are great, if you catch any of those ahead post them on, we can all gather extra edge by micro playing those when macros set a curse.
sure, will post, but its also worth checking the TE. Most i take on H4.
  • #5,445
  • Aug 8, 2018 4:37am Aug 8, 2018 4:37am

Large bear macro, Russian rubble. Again....



And here we go baking another bear setup for RUB. This now puts USDRUB as strong priority focus over next 2 weeks with potential breaktrough move towards 66.X or higher. No matter what one trades, whether its M1 to D1 this play is a primary focus for large target holding with potential surprise spike to be delivered. As the macro tech setup develops and the probability of it to bake bull target is very high (due to outside macro forces that will come into play in August), there is potential good RR in it.

Things now come into motion as Washington imposes a heavy grip into the economy of Russia with new blow, sanctions to new debt issuance, increased grip of NATO (milatary spending increase for Russia likely), all energy project sanctions, which now almost fully excludes Russia from participation in US markets other than the last part of puzzle which is SWIFT exclusion.
This now poses a huge balance of expenses problems from Russia, especially if Oil price takes a dip again as with Chinese economic slowdown and liquidity problems Russia will face hard time getting access to loans anywhere.
As pointed since 2014, the game goes on, puzzles keep adding on, and for those tracking the real game there are no surprises.

Whether we bake the bull leg on spike or slower progressive momentum is the question, and that will completly depend on if there is a "surprise" catalyst to be announced in next days / weeks. But the bull target has about 90% probability of a bake, question is only if we get one more bear leg before getting there.
Plays like that come only once a month or less than that, a trader should study such patterns from all angles as close as possible to be preapared ahead for the next one when it comes.

66.X target
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko40.png Size: 77 KB
  • #5,446
  • Aug 8, 2018 6:04am Aug 8, 2018 6:04am
Quoting janpec1000
Large bear macro, Russian rubble. Again.... And here we go baking another bear setup for RUB. This now puts USDRUB as strong priority focus over next 2 weeks with potential breaktrough move towards 66.X or higher. No matter what one trades, whether its M1 to D1 this play is a primary focus for large target holding with potential surprise spike to be delivered. As the macro tech setup develops and the probability of it to bake bull target is very high (due to outside macro forces that will come into play in August), there is potential good RR in...
USDRUB heading with strong wind behind. Longs filled and holding.

USDCNH at play right now. Rotation M5.
  • #5,447
  • Aug 8, 2018 8:14am Aug 8, 2018 8:14am
still watching this

even though it is "shelfing" now, still need either momentum or a longer solid shelf to consider entry. hope i'm not wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-h4-forex-capital-markets.png Size: 79 KB


a bit asymmetric, a potential early phase of a rotation setup
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-forex-capital-markets.png Size: 91 KB
  • #5,448
  • Aug 8, 2018 9:17am Aug 8, 2018 9:17am
OMI demand collapse. Looking for some further drop and then harsh rejection when first time buyers pop up. Its very likely the play will be missed due to how this things are structured, but in either case on track with some alerts.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko50.png Size: 61 KB
  • #5,449
  • Aug 8, 2018 10:31am Aug 8, 2018 10:31am
Quoting janpec1000
Eyes again on Turkish lira. Its rotating above the highs currently, could bake another runner. Only attempting this one from micro entry if anything is printed. Missed one nice setup just few minutes ago. {image}
On a more stretched macro basis Turkish lira still in the play room (1-2 month macro). As Turkey will likely not follow the Iran sanctions, its pretty much paved way for further response from US to come, only question here is timing when its likely to be delivered. Administration has showed the cards, the question only remains for the opposite player timing of reactions, thus baking further move on TRY.
  • #5,450
  • Aug 8, 2018 10:33am Aug 8, 2018 10:33am
GBPJPY supply takeout with rotation baked, was eyeing it but didnt enter.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko55.png Size: 74 KB
  • #5,451
  • Aug 8, 2018 10:36am Aug 8, 2018 10:36am
SBUX on track at the moment if supply is breached with momentum, its an entry. Otherwise a pass.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko58.png Size: 57 KB
  • #5,452
  • Aug 8, 2018 11:30am Aug 8, 2018 11:30am
Quoting janpec1000
SBUX on track at the moment if supply is breached with momentum, its an entry. Otherwise a pass. {image}
SBUX supply taken out on pop, but didnt retrace so no fill on long.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko60.png Size: 66 KB
  • #5,453
  • Aug 8, 2018 12:23pm Aug 8, 2018 12:23pm
ABIL short squeeze with heavy demand increase. Todays key shining light in equity markets, had order ready near market open at the highs of continuation structure but it popped so quick it was impossible to get a fill.
ABIL far up 180% on the day and heading higher, low floaters usually can bake a heavy moves like that without looking back for a while. Will it last? Almost certainly not. Its just a squeeze and low float that is carrying the momentum, once the hot momentum dries it will collapse. This is high probability play, 95% of play rate its just about being patient and wait for proper shorting setup .
Lets see what history says:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko70.png Size: 84 KB



Bearish macro square target is plotted, now its only about waiting for momentum to fade with a bear gap down open in next 3 days, or a strong demand failure micro play to set. But before either of that happens, it can run much higher, since the float is only 700k shares.
  • #5,454
  • Aug 8, 2018 12:31pm Aug 8, 2018 12:31pm
NFLX
  • #5,455
  • Aug 8, 2018 12:46pm Aug 8, 2018 12:46pm
Quoting janpec1000
NFLX
NFLX took a bounce entry after strong supply takeout. Sold for gains.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko80.png Size: 65 KB
  • #5,456
  • Aug 8, 2018 1:49pm Aug 8, 2018 1:49pm
HFC parabolic crash. Looking for fill on long if retraces.
  • #5,457
  • Aug 8, 2018 1:52pm Aug 8, 2018 1:52pm
Quoting janpec1000
HFC parabolic crash. Looking for fill on long if retraces.
No fill went straight up, a bit stronger than expected move.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_ko87.png Size: 72 KB
  • #5,458
  • Aug 8, 2018 1:53pm Aug 8, 2018 1:53pm
Quoting janpec1000
Large bear macro, Russian rubble. Again.... And here we go baking another bear setup for RUB. This now puts USDRUB as strong priority focus over next 2 weeks with potential breaktrough move towards 66.X or higher. No matter what one trades, whether its M1 to D1 this play is a primary focus for large target holding with potential surprise spike to be delivered. As the macro tech setup develops and the probability of it to bake bull target is very high (due to outside macro forces that will come into play in August), there is potential good RR in...
Goes without saying that flagshipper of today is Russian rubble. Lets see what we get in next 2 days.
  • #5,459
  • Aug 8, 2018 7:18pm Aug 8, 2018 7:18pm
a sad miss, but in fact, when price was in the final bars of the blue shelf, i hesitated, and didn't enter

probably due to lack of confidence of my reading.........
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-h4-forex-capital-markets.png Size: 31 KB
  • #5,460
  • Aug 9, 2018 3:49am Aug 9, 2018 3:49am
Quoting charvo
a sad miss, but in fact, when price was in the final bars of the blue shelf, i hesitated, and didn't enter probably due to lack of confidence of my reading......... {image}
Doesnt matter, you did well , tracked setup with patience. The move was baked on surprising macro catalyst would have been hard to catch that one even with alerts, but if it was caught it would have been decent trade. This one has potential to still rip much higher, since markets were shocked by RBNZ statement early today.
12 traders viewing now