US30 Idea NY Open Session: Selloff imminent?
Confirmation Checklist
- Time of Day anticipating volatility to bring us lower through out this week
- Looking for entry at/above weekly opening price
- Higher time frame divergence between US30/Nasdaq/SPX
- Clear targets where liquidity could be resting
- Imbalance
- Broker data feed gap near entry
- Intraday time frame big money foot prints
- Look at the Futures/ETFs for further clues
Anticipating more bearishness on US30
Interested in selling at/above this weeks open price (31482.6) for the best possible R:R
Maximum risk parameter I am considering is 31591 at this time
Targeting
1) 31200
2) 30820
If/when these targets are achieved, will reevaluate my bias on where price may be heading next
This is my opinion on what the market could do. This is not financial advice. Trading with real money involves risk.
- Time of Day anticipating volatility to bring us lower through out this week
- Looking for entry at/above weekly opening price
- Higher time frame divergence between US30/Nasdaq/SPX
- Clear targets where liquidity could be resting
- Imbalance
- Broker data feed gap near entry
- Intraday time frame big money foot prints
- Look at the Futures/ETFs for further clues
Anticipating more bearishness on US30
Interested in selling at/above this weeks open price (31482.6) for the best possible R:R
Maximum risk parameter I am considering is 31591 at this time
Targeting
1) 31200
2) 30820
If/when these targets are achieved, will reevaluate my bias on where price may be heading next
This is my opinion on what the market could do. This is not financial advice. Trading with real money involves risk.