Michael 馃嚭馃嚫 (@Trader_740) header
Michael 馃嚭馃嚫 (@Trader_740) profile picture

Just a one horse pony 馃惔

Backwoods, GA
Joined August 2010
Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)Photo by Michael 馃嚭馃嚫 (@Trader_740)
Replying to @tradermike1234
@tradermike1234 Australian Dollar Futures 6A daily CC
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Replying to @sirdudeness
@sirdudeness never short a dull market until the day i'm long bias
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4175-80 resistance (range top) 4145 buy zone. below 45 chance for flush to close the island gap with 28 area standing in the way. need to assess in real time, but scaling will be critical. upside target on the day is 4180, 98, 4228
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Looks like we have a short term 60 point balancing range. plenty of resistance above 4110. looking for shorts for a test of 4050-60. If we get sustained trade at or above 4125, my bias will change to to upside 4160-80 primary target area.
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open drive off HVN and blowing through resistance
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things will get ugly below 4080
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defending like their lives depend on it
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while we wait for a test of last week's low, the bulls will do their usual. stall stall stall. kill you with boredom
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4156 support for 4172 is my plan B
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fucking assholes tricked me
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my read right now is 63-54 resistance for push to 42-46 and possibly 4120. 42-46 can hold for launch back up to 73
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turns out this was the ON low and slow grind up from there as expected
Replying to @Trader_740
above 56 this could get interesting
workign small longs at this support zone around 43 scaling. if 49 becomes support, squeeze to 62
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4145-53 a big resistance area for me. expecting that to cause a pull back into yesterday's range and value. If we get sustained trade above 50, a push to 4180 - 4200 would not surprise
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ultimately looking for 4127 today
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trend day down, trend day up is the new norm. both NQ and ES are still inside days
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quite the run up. was only able to get partial positions on due to lack of substantial pullback. if 4104-09 can hold, maybe we can get prior day's high before the end of the day
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watching 4050-57 zone to hold for a push to 4085 and possibly 4100
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all out except one runner
Replying to @Trader_740
expecting an attempt to bounce at 4091 then collapse
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done with short for today. see if a squeeze materializes later. given too much back in the past in this situation. if 4055 doesn't hold, could open up again, but until then, hands off.
valiant effort by the bulls, but today i think we get 4080, trading small, scaling quickly, and waiting for a big move. if it fails, the possible squeeze if stabilize above 4130
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expectations are always low on shorts. expecting buyers to come out of no where at any time
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level looking good, plenty of chance to scale. after IBH, 4163
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and here we are again
Replying to @Trader_740
Below 4110.00 would/could have been a ride...
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who else is looking for new week low today or tomorrow?
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