Friday, December 12, 2014

Friday LIquidation

Late session puke fest closed the market on the daily 50 day.

Late session pukes tend to get reversed the following session.  I had no edge to game the breakdown with my style.

We feature today's trade of the day:

9:00 lows reversal -
Additional structural ques -
-- Morning balance and low confidence break lower from it
-- double minor low lead in
-- S2 to the tick.
-- Up-sided diverged NQ and TF.

Does does not get any better than this.

2nd nomination is:

1st hour and a half balance breakout trade:

This simple structure is to go with the breakout in the direction of skewed tick. Today's tick MA was clearly below zero and tick no readings even + 600.  Didn't pay much but the structure prints over and over again with high odds.

3rd nomination is:

11:00 reversal.

-- Transitional double top at VAH with solid tick diverge.
-- Negative -1500 sediment on the day.








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