Largo

US500 Outlook 5/29

Actualizado

Bullish on SPX till around 4330.1 which is some old high buyside liquidity. NFP week this week so take all analysis with a grain of salt. The market will decide where it wants to go on Friday morning. Everything that happens before then is building of liquidity.

All other relevant POIs are annotated on the chart.

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long on SPX, dont like buying during lunch but the daily BPR is too attractive not to.

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initial reaction favorable.

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going break even

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there's a decent chance the day closes bullish.

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can you see the liquidity yet?

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didn't get the push for the daily open that I wanted. holding interday with SL at BE. Hoping for completion before NFP friday morning.

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still holding. Asia threatened stopping out break even.

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going to give it till yesterday's low

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will add if i get this.

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juuust when you are about to lose hope and capitulate. Its engineered to do that.

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tapped into second position

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trading is not easy. but it can be simple. its a series of "if/then"s

What do you want to see? How will you react if the market moves how you wanted it to?

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a less risky take profit will be here at the 12H FVG.

But where's the fun in that?

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TP1 bagged and tagged. 80% off the table, holding for TP2.

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this is why i take profit 80/20.

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notice that after invalidating the 12H FVG area, price returns to it before continuing to push up.

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Today is my birthday, grateful the market gave me presents

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All TPs hit, trade collapsed. done for the week.

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if we take all the trading from below the weekly open, and extend it above the weekly open, price is currently at a 1:1 projection. This would have been a nice target had I either wanted to hold longer, or enter a new trade today

akhena10fx

Let the algo show you its hand.

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