A quick market recap [SST Pro]

Alright, folks, I want to do a quick recap here of some analysis that we did in late December, early January, which we’re still in early January. But we’ve been talking about coming into the end of the year into 2021. In December, through a series of several events, as well as our analysis about being short the US dollar we’re looking for short on the US dollar, which we did take a short of the US Dollar Index, or you could have tried to up the ETF due to several seasonal and technical patterns, we were coming in to January with a very high probability of seasonal weakness in the US Dollar Index, as well as a very high probability technical pattern, just trading pure price action. We also talked about trades in the Q’s where we got short here, good for a swift 5% Move. Now we are overall looking for a potential further weakness in the queues, ie the NASDAQ. But we were able to take advantage of a quick swift move in the queues as well as technology that we talked about over and over again, let’s review our top pick that we also discussed that it was in Adobe, see, we’ve already had a $35 bounce from an area that we were targeting the market to reverse that we were looking for a market here to come down to 500, lining up with very high probability bullish seasonality. And you can see it had that nice reaction, I still think that there’s more room to run here first targets are going to be up here at the 570 area. So So we’re basically halfway to its objective right now. And we’ll see if we can get a nice runner to that 570 area then next targets all the way up to the 630. Now another market that we talked about was the Japanese yen we were looking to get long the Japanese yen but if you recall the inverse head and shoulders pattern or the Head Shoulders bottom pattern that we had identified was negated as we took these lows out because we took these November lows out, we flushed down one more time. But now it’s on the move. It’s fact it’s already moved up 100 ticks, or $1,250 per single contract. I still like the Japanese yen from a seasonal and technical perspective, and we’ll consider buying pullbacks on the lower timeframes. So I just want to reach out and ask how I can help you these are the types of ideas that we do each and every week, keeping the process and the methodology very simple. It’s what do we have in front of us that history and cycle has forecasted for us? IE? What has happened in the past that can clue us into what is likely going to happen in the future. Where are we from a technical perspective, basic price action, basic structure, are we at an area of value? Are we add an area where large participants ie institutions, banks, fund managers? Are we add a place on the chart that is attractive for large institutional traders to accumulate large positions? Or are we at a place where large institutions have an area to distribute some of their inventory and take profits off the table? It’s a very simple three prong approach using Confluence using analysis using history data and cycles to help guide our trading decisions. So do me a favor, please write back let me know how I can help you where you currently are your trading. And I’ll reply to you personally

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