steven46's latest activity

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    steven46 replied to the thread Beyond Price Action.
    Here we are 5 min from the open and I am posting my Secondary Screen showing the status of the market after the 1st release of high...
    • Pre-Open Economic Report Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    Good Morning Everyone Attached is an example of my pre-open chart Markup What you see is my Primary Display, with Daily chart on the...
    • Pre-Open Prep Chart Markup Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    And this last example shows the Weekly VWAP Some traders prefer this version, because it frames the price action over a longer period...
    • Weekly VWAP Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    Some have suggested that the framing tools make it difficult to see the price action The attached (clean) chart shows the conceptual...
    • Event Trading Example 2.PNG
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    steven46 replied to the thread Beyond Price Action.
    My class ended today. The clients were fund traders recently hired and hoping to pick up some new ideas. Smart people and motivated to...
    • Event Trading Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    We will post this chart of the longer time frame action showing how professionals use "Always in". As the phrase suggests, once the...
    • Longer Time Frame Always In.PNG
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    steven46 replied to the thread Beyond Price Action.
    Here is the weekly review that we will develop during this weekend's class The patterns that we make visually apparent on the attached...
    • Weekly Review of Price Action.PNG
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    steven46 replied to the thread Beyond Price Action.
    and this follow up chart as the economic reports (Jobless and PPI) are released As can be seen, the upside target was hit This was...
    • Followup Econ Report.PNG
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    steven46 replied to the thread Beyond Price Action.
    We expect some "persistence" with regard to yesterday's breakout. Today we have two economic reports as follows 1) Initial jobless...
    • Day After FOMC.PNG
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    steven46 replied to the thread Beyond Price Action.
    This was a nice end to the day The attached chart shows a setup known by professionals as "Last Call" Simply put, if a gap open occurs...
    • Last Call Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    As often happens when we have a surprise OR a trading range we have time on our hands This is a chart example, showing how we frame...
    • Trading Range Framing Example.PNG
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    steven46 replied to the thread Beyond Price Action.
    And this final chart today shows the projected gap up start to today's S&P 500 Futures Market. We expect the market to retrace down into...
    • Gap up after CPI.PNG
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    steven46 replied to the thread Beyond Price Action.
    and here is the S&P 500 Futures response to the Core CPI release As you review the previous chart, notice that the skew was "up" early...
    • Market Response to Core CPI.PNG
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    steven46 replied to the thread Beyond Price Action.
    This is one of our pre-open charts During the overnight market (Asia to London, and London to US) we evaluate price action in the...
    • Pre-Open Analysis 6-12-2024.PNG
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    steven46 replied to the thread Beyond Price Action.
    This is our last chart for today We show the method that skilled traders use to Identify and mark profit targets AHEAD OF THE OPEN We...
    • Profit Target Markup.PNG
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