swingarm trading discussion: Summary of today’s price action in one chart: Notice the blue candles then the white once it bottoms out. Time Cur. Imp.
Targetting the 15-minute zones As long as the 15 Min H Pressure is bearish, the 8hr zones could be hit tomorrow. This bounce was strong
I am currently spearheading an initiative called the SwingArm Trading Club, which aims to introduce high school and university students worldwide to the financial markets’ vast opportunities.
Be aware that this could easily turn into a breakup and rally just as easily as it can turn over. Regardless of your actions, you must be in control and not the market.
Always prefer technical market analysis over news resources. The sequence on this chart is the breakout from the prior formation. 1, 2, 3, and break. 4hr zones next meaningful targets.
Today, let’s review the ES 500 Futures chart. Over the past few weeks, the price has been ranging within the 4200 to 4100 range on the 2-day chart.
Pivot Holding: You can see on the 1hr how pressure shifted from P89 to P34 earlier. No price breaks below the P34.Not good for ES.4128
SwingArm trading training provided by Jose Azcarate. European Session Down 40 points from entry at 4187. 4136 Wave 30 Minutes Target Potential If 2 Hr
Please note that trading internal swingarms comes with a greater risk of experiencing a stop-out.
There is no harm to report, only a sense of serenity. Both my financial assets and mental state remain intact, which is truly wonderful. We may also have a buy as the bounce to backtest happens.
Day Trading High Probability Trades Day trading can be highly profitable when taking the time to learn to read price action and draw channels to
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