In comparison to
ES1!
,
NQ1!
was much more uniform with the delivery, especially when the gap formed on Monday going into Tuesday was filled on Friday whilst
ES1!
Thursdays candle exceeded the gap.
I believe there is more pain to come from liquidating sell stops compared to buy stops as the overall sentiment is bullish with the technical proving it.
From when the lows was formed on Tue 15th Feb 23 @ 15:00 US PM session, the retracement made was deep into a premium @ 17999.75 before brief rejection, with current price being below premium and now at a discount at 17721.50.
Ruling out the possibility of running intra-day buy stops to accumulate more shorts is logical and is in the cards but 18121.50 is my last line of defence and I do not want to see a daily candle body close above it.
17415 is of caution
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
ES1!
,
NQ1!
was much more uniform with the delivery, especially when the gap formed on Monday going into Tuesday was filled on Friday whilst
ES1!
Thursdays candle exceeded the gap. I believe there is more pain to come from liquidating sell stops compared to buy stops as the overall sentiment is bullish with the technical proving it.
From when the lows was formed on Tue 15th Feb 23 @ 15:00 US PM session, the retracement made was deep into a premium @ 17999.75 before brief rejection, with current price being below premium and now at a discount at 17721.50.
Ruling out the possibility of running intra-day buy stops to accumulate more shorts is logical and is in the cards but 18121.50 is my last line of defence and I do not want to see a daily candle body close above it.
17415 is of caution
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN