Key summary: ES false break of previous swing low 2026 Bund found support at 163.09
Key Summary: Bund continued auctioning lower, finding lower balance Stoxx trading within bracket ES failed to break previous swing low, trapped sellers
Here are quick EOD view of the 4 instruments I am trading. Key summary: Bund (FGBL) did a one-tick test of 09 May 2016 low yesterday. Stoxx (FESX) inside day breakout failure Emini S&P futures (ES) failed test of Monday VPOC, and seeking lower balance All charts prepared using Sierra Chart.
Refer to previous post for levels and structure identified. 7476-7528 single prints was repaired. Charts prepared using Sierra Chart.
Refer to Pre Market post for key levels. Yesterday’s poor high was retested in the morning session, and stoxx reversed around 3000 which was also 127.2% extension of previous day’s range. It was a slow grinding morning session as you might have read from my tweets. #stoxx since open .. pic.twitter.com/fpSP78Vbrg — Gavin M™ (@tradergav) […]
Here are the levels of interest for AUDUSD. Chart prepared using Sierra Chart.
Yesterday, stoxx closed with poor high.
RTH opened with a false break of yesterday’s high (4727.5 vs 4729.5), and auctioned past yesterday’s point of control and to the lower balance zone (HVN). This is contextual review, which is very important practice (at least for myself) to identify trade location. Actually entries relied on the skill of volume and order flow analysis, […]
NQ Futures broke out from bracket on Monday. It retested the previous daily swing high 4676.5 and rejected at the Monday’s VPOC today gave me a hint that the breakout was for real (at least for day trading purposes), and market was trying to discover higher price levels.
It has been a long time since my last blog post. I have been trading. I thought I will write a quick review of FESX (DJ Euro STOXX 50 futures) since it is one of the product I frequently trade, and observe some interesting development now. We are in a 7-day bracket (i.e Price rotates up […]