TimelessBeing

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Higher time frame we are clearly in the middle of a 2024 bracket
Vwap has provided a solid base
Will be a pivot you can use on LTF to initiate trades
I think we lose it opens up the lows forsure
Beyond that we have 50 k even (the 2024 floor)
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69 k was no coicidence
We got the pop
We took profit
And that is why you do not overstay your welcome in this environment
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You don't have to take my word but that is where I reckon the most positioning stands to lose
An overwhelming ammount of shorts but some longs that failed to get out will indeed be praying
A pop there is logical
Will see what we get at NY
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Qaurterly rebalancing
Monthly flows and shenangans that come with it
Easter Holiday coming this weekend
I am defo not shorting willingly
I think given historic antics of how this admin works and the Trump Ruse in motion, many might be anticipating some stealth attack or escalation during this coming weekend due to the window of opportunity
That doesn't help my decision making but trying to break down why I dont think being net short here makes sense given contextual level, timing and overall stretched positioning
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Took a small long here as new month and counter trend
But decent place to punt
Will bears get a free pass?
Expecting 69s
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GateUser-cf0a9348vip:
Great
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A New Qaurter is upon us
A New Dawn where Bulls, Swans, Crabs and Bears all come as one
Have a splendiferous start to Q2
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We have had a month of a textbook distribution
Had you faded extremes of this bracket and were consistent in your take profit and accurate with positioning/fills you would have enjoyed a beautiful 11% range
It isn't sexy but it keeps you honest
Good trading practise/habit comes from this type of environment
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New week
Short side rotations at least from here become a lot less appetising due to the location
Notice where we bounced from the weekly open thrust down
2024 vwap, Previous month val
New qaurter coming to a close and the bottom end of that is 64 k or so
I will personally be very light with my trades this week
Not going to force anything from here
This is support, and resistance is 69 k
Im going to let things play out before assuming any positions.
Lose the low we put in then new lows on a wick basis are likely
Reclaim 69 k then Bobs your uncle and we look for longs back to the top sid
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4Dyvip:
Nice
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Imagine ze smell
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Was a wild week for bulls who roundtripped generational longs again
I can't wait to report this week(s) shenanigans with you again
See you for the open/close
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I will flip my tune when I get a signature that tells me selling climax has likely occured
No evidence of that now
Perhaps we get a slower grind down like 2022 bear?
Not sure, but the pace at which markets move these days im expecting a proper flush to come
5900s give us a -15% correction
Very doable from here $SPX
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This is what easy mode looks like
You had multiple weeks of value overlap and the range was tight
You don't need to focus on the trump ruse or anything else tbf
Just have a system that showcases when buyers or sellers are losing control
You had multiple chances to get in at the top of the distribution which was what i did but you could have taken this set up where we lost the floor and set a fairly tight stop with a target into that vwap structure we hit today
I've got some exciting stuff coming in a few weeks where i'll likely be showcasing how I think about trades and sharing components o
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I treat every new macro range as a moment of opportunity
A time to replay past mistakes and capitalise on new opportunities
I prefer these environments as I genuinely beleive based on my experience my strategies and data sets this is where i make the best trading decisions
I don't care if i fucked up in the previous range(s)
There is always room for improvement
I have had a great Q1
I aim to replicate it again in Q2
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I treat every new macro range as a moment of opportunity
A time to replay past mistakes and capitalise on new opportunities
I prefer these environments as I genuinely beleive based on my experience my strategies and data sets this is where i make the best trading decisions
I don't care if i fucked up in the previous range(s)
There is always room for improvement
I have had a great Q1
I aim to replicate it again in Q2
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💘
So far so good
Mid 60s are here
Bigger move incubating
Thank you for your attention to this matter
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Check the relative move now vs what happened last year into and after Liberation day
They are watching this closer than the stock market and on a relative basis things have held up quite well despite this movement in the bond market
Single stock correlations are not high and people are rotating into places of discount, strength and value so all in all while the indices have been struggling there have been pockets and offshoots of green during this time
Bessent is watching this like a hawk. They managed to mute bond vol. after the shenanigans in April last year
This doesn't look like it is
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Time to lock in, my brothers
Q1 is coming to a close
Were you happy with the way you played it? Has it gone to plan?
If the answer is a resounding no, then this is your chance to make it back and MORE
Attack Q2 as if it were your last
TIS GAME TIME!
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This type of grindy pa isn't conducive for participants looking for swift resolve to the upside
Would rather see evidence of selling climax here
Also make note where the large clusters of orders are (they are below and closer in this case)
We tend to gravitate towards these magnets in real time
Most Fridays have ended risk off since the start of the conflict
Will see if we get a change in tune but as of now my epxectation is we hit 65s soon
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TRILLIONS
AND
TRILLIONS
IN LIQUIDATIONS
AWAIT
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Weekly composite is absolute precision
Love to see it
She looks cooked lads
But this might be your counter tweet bulls
I am looking for a full bart
TY
Please do the thing
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