-12pt Gap + Block Strength on Lows = Early Rally Within Tight Rand till 2nd Ti

-12pt Gap + Block Strength on Lows = Early Rally Within Tight Rand till 2nd Ti. We broke out of the range later in the day slowly and drifted higher. Very Thin trading today on NO news. We can expect the same tomorrow as there is no news releases until Thursday.
Key Trade of the Day:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

On TRD 10+ Gap days, Consider Bailing on whole position instead of taking halfs off.

Be Very Quick to cut out of positions that stall or dont move in favor immediately. You can always reenter even at a worse price without chasing.

On Range Gaps - Be Patient and look for Liquid Entries at extremes.

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.

-1pt Continuation Gap + Block @ Globex Lows and Pros on open lows = Trend continuation from prior days rally.

-1pt Continuation Gap + Block @ Globex Lows and Pros on open lows = Trend continuation from prior days rally. With the +15pt gap and subsequent rally yestarday we had a large markdown and accumulation Spike early in the globex session. Price opened to put in a PB in trendd signal on the open breaking the EOT with Block Bars pushing through resistance. The Daily is now back in trend with Probars in the background. A test and hold of 1688 could mean more upside to come.
Key Trade of the Day:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

On TRD 10+ Gap days, Consider Bailing on whole position instead of taking halfs off.

Be Very Quick to cut out of positions that stall or dont move in favor immediately. You can always reenter even at a worse price without chasing.

On Range Gaps - Be Patient and look for Liquid Entries at extremes.

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.

-15pt Tight Range Gap + Test & Hold @ 1669-70 PDC Low VPOC = TRD Up Trend til 2nd Ti

-15pt Tight Range Gap + Test & Hold @ 1669-70 PDC Low VPOC = TRD Up Trend til 2nd Ti. Large Gaps down in Down trend with Blocks at globex lows is a sign of strength. However we have NOT seen any Professional bars on the daily signaling a slow down or reversal of the 1720 Down trend.
Key Trade of the Day:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

On TRD 10+ Gap days, Consider Bailing on whole position instead of taking halfs off.

Be Very Quick to cut out of positions that stall or dont move in favor immediately. You can always reenter even at a worse price without chasing.

On Range Gaps - Be Patient and look for Liquid Entries at extremes.

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.

-1.5pt Con Gap + Test & Hold @ 1675 Daily VPOC = Up Trend til 2nd Ti

Today we opened Down -1.5pt signaling a Trend Continuation from PDC. The Gap + Test and Hold @ 1675 Daily VPOC = Up Trend till 2nd Ti
Key Trade of the Day:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.

-16pt Gap + Instant Test of 1666-1667 Low on Block Vol = Long Rally Gap Test to 1678 by 2nd Ti

Today we opened Down -16pt Gap + Instant Test of 1666-1667 Low on Block Vol = Long Rally Gap Test to 1678 by 2nd Ti. Next test is 1680-1683.
Recap Notes:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.