My TIMM Trading Pit Commentary – Wk Of 2/18/19

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.
The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

Great set-up on oil this morning…2 min demand zone. I didn’t take it, saw it last minute and wasn’t able to asses things on multiple time frames first. Great example of being patient and discipline…that’s my #1 goal this year…to be consistently patient with the set-ups.

I’m looking to short the Euro, but will need help from the US dollar.

Here’s the same set-up on the Nasdaq futures.

I missed my day trade short this morning pre-market on S&P 500 futures.

The Dow futures dropping from a 4 hr supply zone yesterday, waiting to short market a bit higher.

Here’s Gold on the 4 hr chart and that I’m considering shorting. A lot demands on where the US dollar is at.

This 2 min demand zone worked on Gold, but not enough of a profit zone, will consider shorting it a bit higher.

$20 move higher in Gold yesterday…WOW…I will be watching a 5 min demand zone at $1335.

This is a chart of the British Pound on a 60 min chart. I wasn’t paying attention, but price just breached the 4 hr supply zone. However, I was able to short on the spot, GBP/USD…target 1.29000.

Oil dropping big time…looking to go long on a 2 min demand zone if prices move down another $0.60.

This is the Japanese Yen on a 4 hr chart. The blue lines represent daily demand and supply. The pink lines represent the 4 hr demand and supply. I’m looking to trade price once it reaches the pink lines.

This is my #1 set-up that I look for…this happen to be on the Euro while I was sleep at 3 AM est, so I wasn’t able to participate in this trade. 60 min demand zone, but the setup was on the 5 min chart.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Related posts

Here’s Why You Always Add a Buffer to Your Reno Budget


BITCOIN: either a “Bull” Flag or “BART” Flag


A “Vibrant” crypto that may explode up in short!


Get involved!


No comments yet
Skip to toolbar