OneGoodTradeAway

OneGoodTradeAway Updated 

Last Week : Surprisingly last week played out perfectly just had to be a little patient with things, last Sunday we noted that market needed either a strong push over 4615-10 and hold above or consolidate under 4603 before pushing over 4615-10 to possibly continue higher and if not the buyers who are not getting the upside here for weeks will start selling...

OneGoodTradeAway Updated 

Monday Globex retested break out area and held it as Support, Once we go over Friday/Monday Stops we got short covering that gave us extension away. To note most of this move was done during Globex, so they would trap shorts at the lows then move the price when there is less volume. Seems like we have found good resistance Yesterday in 4598-4608 area which is...

OneGoodTradeAway

ES broke into this bigger time frame Resistance are back in June, all the shorts who were looking for market crash or reversal got trapped below and became our Support. Cost Basis was built on top of that in 4460-4375 range, once we ran the Stops over 4487 that provided the buying to get us towards the top for this Resistance at 4666-4570 but once we got inside we...

OneGoodTradeAway Updated 

Last Week : We continued our distribution above 4570 which is our bigger time frame Resistance area. We have been going sideways building up supply here with a few attempts to continue towards upper part of HTF Resistance at 4666 but were met with selling. Key Support and Key Resistance for the week provided great trades up and down the range. Thursday we trapped...

OneGoodTradeAway Updated 

Wanted to give a review on yesterday to show how balance levels and structure can be used to give us possible direction and idea of where and when to get on and get off. This is bigger time frame chart not an execution chart that I use but the idea can be seen here. From Sunday Weekly prep we marked off 4562.50-57 as our Support, 4570-62.50 in general is a...

OneGoodTradeAway Updated 

Tuesday market took out the stops over 4562 and squeezed over 4570. We took out middle of next range and made a push into next Resistance area where we found sellers. We found buyers under 4584 on first tests giving us Support but we didn't have enough buying to take us back towards the stops are our now Key Resistance area. After we fully took out mid of the...

OneGoodTradeAway Updated 

This chart was made using volume profile to try and capture areas of interest and bigger picture over all. We broke into this range June 12th, held above and that gave us a test higher where we found our first good resistance and sold back down to the break out area where we ran out of supply to go lower and price came back inside Value. End of the month...

OneGoodTradeAway Updated 

FED Day! Market might be gearing up for a big move today, on a bigger timeframe we found our top, found or low and now back to the middle of the range. Yesterday showed us that we still have buyers but most of the buyers right now are large short covering and momentum longs from Daily Support which puts us in interesting spot. Currently over 4012-3990 Daily...

OneGoodTradeAway Updated 

Lets see if this can get going we take out VWAP. Came in late today after two days off, watching this to play out IF we can get under 3976-71 and take out 57-53

OneGoodTradeAway Updated 

Tuesday 3.14.23 Review : We were looking for possible lower continuation but market had other plans, as we noted IF 3892-87 holds and we can get over 3932-27 we can see a push into upper Supply area, I didnt see it pushing that much in but what we did is we took it, held over it and then rejected from next Key area which was even better. If long to supply was...

OneGoodTradeAway Updated 

Monday 3.13.23 Review : We got a break of structure and 3892-87 level before RTH and got the flush to one of our possible Support targets at 3866-47, RTH order flow came in and and pushed us back in balance above, over all a great day we tagged Support target and hit Key Intraday Resistance at 3932-27 which gave another good short for the day back towards...

OneGoodTradeAway

Friday 3.10.23 Review : Friday played out exactly within plan except for hitting 3866-47 target but we knew that was a stretch, we found sellers at 3976-71 which was Key Intraday Resistance which gave us nice short trades towards Daily Support at 3915-3890, was a very nice ending to the week. Monday 3.13.23 Prep : As we can see Globex started the party...

OneGoodTradeAway Updated 

Thursday 3.09.23 Review : Yday RTH gave a perfect trade, we pushed over 3995-90 on pre market data, hit the upper part of our potential Daily Resistance and Key Intraday Resistance 4012-08, pushed above it and failed giving us a nice trade down to Key Intraday Support, once we broke we got a nice move down to 2 of the lower Support targets and hit our Daily...

OneGoodTradeAway Updated 

Wednesday 3.08.23 Review : Consolidated under previous Daily Support with a few attempts to break 3976-71 Key Intraday Support but we held within this 4015-3975 balance. Best trade was when we hit double top in E 11:30 Period, gave a nice trade down to Intraday Support, was thinking we fill finally have more supply to break and continue but so far that has...

OneGoodTradeAway Updated 

Tuesday 3.07.23 Review : Tuesday Globex went sideways all night building up supply under resistance until it finally broke before RTH giving us a break under 4030-25 and acceptance into 4025-3976 range and a move into Potential Daily Support for the Day. We did hold 3994-90 level yesterday but we did a full break of this Daily 4012-3890 area which told us...

OneGoodTradeAway Updated 

Monday 3.06.23 Review : Globex pushed us into the resistance area at 4061-56, RTH Opened on Gap up and buyers came in for continuation, we hit our upper early in the day and then consolidated below it. 4084-77 was our key area for continuation higher and we failed to take it out and showed weakness at it instead, until we built up enough Supply which gave us...

OneGoodTradeAway Updated 

Friday 3.03.23 Review : Friday Globex consolidated at Previous Day High, took the stops at night and we opened on a gap up over Previous Day High in RTH. Failed to closed the gap and gave a push towards the upper resistance target and a move above it into the next Supply area. Monday 3.06.23 Prep : What are our options today, Will this move higher hold...

OneGoodTradeAway Updated 

3.02.23 Review : Globex broke 57-44 Support area and was holding under before RTH signaling weakness but that and 32-27 were important areas to stay under and break, RTH Open failed to break 32-27 then we got over 3944-40 and per our morning prep IF we hold 32-27 and managed to get over 44-40 and hold that opens the door for higher resistance target and we...