Recent content by moreina

How it unfolded. 1. Price opens and rejects the premarket MP and breaks opening S/R. Buyers step up but are quickly pushed down by sellers. Buyer/Seller flip. We initiate a short though we expect this is to be short-lived as the intraday trend is up. 2. Buying activity and the line is broken...

Oct 3 Premarket Hourly. Dropped out of the channel and at previous S. 15m. Broke its stride. 5m. Potential S at the bottom and almost definite R at the top.

Previous post should have read Oct 2 premarket... How it unfolded. Price opens and immediately forms an upper level right where the ONH is. 1. Buyers make an attempt to rally but sellers step in and reject the previous swing with buying activity. Swing flip. We enter short here. Price falls...

Sep 2 premarket Daily. Trying to accelerate. Hourly. Broke the downward stride but a bit meh. No real force behind it. 15m. Potential S is PDL, potential R at the hourly top previous day 5m. Ranging.

Sep 29 EU premarket Hourly. Retesting the breakout area. Critical to see what price does here. 15m. Stride kinda broken but not in a decisive way. 5m. Price is bouncing between the premarket range MP and the 15m MP. How it unfolded Traders reject opening S and the box MP and push through R...

Sep 28 Premarket Hourly. Straight shot through R. What goes up most come down, at least a little bit. 15m. Same story. 5m. Two ranges visible here. S and the MPs may be interesting areas for upside continuation. ONH should be watched for an hourly top/bottom to form, as this is where it...

Sep 27 US Price rejects the high from the 19th premarket and forms a lower swing high. This was just too tempting. We initiate a short premarket. Doesn't really go anywhere but we got 20 ticks out of it. Price now opens and rallies to the top of the chop area and rejects. We saw this in real...

Sep 27 premarket Hourly. Price at R, possible re-entry into the range. 15m. Broke out of the 15m range, now heading down. Possible RET for further upside. How it unfolded. Price opens at the edge of Hourly R and rejects. We don't see any serious buying activity so we stand down. Classic...

Sep 26 US premarket Hourly. We've breached the chop zone and even without follow through the chances are high that a rebound here will reverse at the chop area MP because this hasn't proven itself to be a trading range yet. 15m. The picture here is pretty much the same except that if we reject...

Sep 26 premarket. Hourly. In the lower quadrant of the chop area. 15m. Nothing much to add, also at the lower quadrant of the 15m chop area. Traders continue the premarket move and move price to the downside. It breaches the ONL, then hourly S before bouncing off the daily MP from the range...

Sep 25 US premarket. Not much change from the EU aside from moving the ONHL points and price forming a 5m trend. The defining characteristic here is that we're at the MP of the hourly range and price has formed a box in this area so this is an interesting area to watch during the US open as it...

Sep 25 EU Premarket. Weekly: unchanged. Daily: had a bit of a retrace but still bullish. If it re-enters the channel then we could see it fall until the MP of the channel which is about 85-87, depending on when that happens. Hourly: A bit more interesting here. Price refused to drop below...

Sep 22 US Premarket Hourly working its way to PDH to continue the upward swing.15m forming a range at the previous swing point that started the retracement yesterday. Broke out of the downward swing during the EU session. How it unfolded. Price opens at the highs so even though all the...

Thought I would do start this journal anew. Been away for a while journaling on a discord server but it would be good to get some interaction from "pure" price action traders. Will be posting some of the journal entries of the past few days one after the other to get populate the thread. Sep...

Jan. 30 Asian session trending down and breaks PDL. We open the session with the idea of going long on the first swing, which would form a bottom, as this should be the start of the hourly retracement. 1. Price forms the opening bottom but we can't get long as the SL is too far so we let it...