Tue. 04_09

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Today's Opening Swing - Open Auction Out of Range (OAOR).   Traded around the ptre-market range midpoint before selling lower

Breadth - neutral to start.  Break-out from zero-line coinciding with price recovering the Open and Opening swing range.

trades - 3 total, two long one short.  Captain Hindsight says that I shouldn't have scaled out of my initial long position, rather I should have added.

SPY with premarket and higher time frame 3/10macd

Volume Profile - Today's 'Day Type' being a Double-Distribution Trend Day.  Buyers supported the confluence of low volume nodes (LVN's).  Value built around a previous High Volume Node (HV) from April 3rd.  The breakout of the IB_high later in the afternoon brought a move back to April 2nd's LVN and beyond while also building value around the 4/02 VPOC.

The current cycle is (obviously) going at a faster rate than our previous cycles, twice as fast actually

Mon 04_08

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Breadth - Started out neutral/bearish.  Afternoon breakout coinciding with IB_high break.

ES globex - Dash vertical is the market Open.  Top indicator replicates a 15m 3/10macd while the bottom one is a 5min (Two time frames in one).

Volume Profile - The day started out as 'Non-Trend' day (Small IB_range & D-shaped profile) but turned into 'Normal Variation' day (IB_High broken as OTF became active). <- Might have been a Double-Distribution trend day?

Trades - Early, frustrating chop paid off later on

Quite the move we've had here

Important week in determining follow-through or rejection.  For now, the trend is still very much intact