Alex
@AlexsOptions
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Creator of #TheStrat Scanner We go live 5days a week @ https://t.co/NSn213xTQF Tight stops or you will get rekt
Wisconsin, USA
Joined May 2019
Nah
I know that some traders achieved one or two things this month including myself But let's be honest, this month of MARCH price action was not it at all Not speaking about Gold now, but generally Let's be honest
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This is the cheat sheet for how price discovery works. 1) Reversals are actionable 2) Broadening formations show you how far it's going if it works 3) Continuity shows you how much evidence you have. 4) The pmg makes price speed up. 5) Reclaims cause reversals 1 == inside bar 2
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Since we know how price works we'll see price does exactly what it was supposed to do as we way. We are STILL seeing the monthly yearly seller in control of price this year $SPY
The next logical spot for the indexes to go is obvious when the range is known
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Shorting this morning's high was as simple as knowing what an outside bar IS. We went less than 1pt above it on the US500 and then puked ALL DAY. 1 point of room for error and we dropped 90+points
The futures broadening formations howed you high and low of the rest of the week! 3 -> slight higher high -> short -> lower low
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These were the 3 short entries we discussed on stream into the close! indexes all 2u-2d day? THATS A SHORT! Slight higher highs during a down trend? THATS A SHORT!
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The futures broadening formations howed you high and low of the rest of the week! 3 -> slight higher high -> short -> lower low
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It's always a good day to be long $OIH this week. Only because we knew the 3-2-2 was fun to say and fun to do #TheStrat
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Most traders have NO idea why this post matters. "Seek and destroy" eh. It's a broadening formation, you may want to know about that!
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⏳$OXY 85% target for another 9 months above last yr highs. Will re-visit in 2027
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Watching for back-ender. 655.60 is the current nearest support. Can sellers break thru or do they cover into EOD?
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We have yet to broaden this week! No scenario 3's or compound scenario 3s the last 4 days Notice how the market is doing nothing. If price isn't broadening you aren't havin' a good week!
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$GOOG is a great example of why broadening lines are useful They show you how price is likely to go further than the previous lows before finding 'support' as some may say. Sometimes, in a very grand fashion like today's 2d-1-2d on $GOOG!
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Targets and levels of reclaim marked Signal only true above monday's highs today And tuesday's highs tomorrow.
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XAGUSD 1-2d-2u rev-strat day SILVER buy signal. Lets see what she's got!
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We call the 2-2-2 the shot gun. It's a momentum setup that we can use to trigger other guys into losing positions OR to confirm a winning trade we already have Relevant example from today in comments
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