My TIMM Trading Pit Commentary – Wk Of 4/29/19

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:

Stopped out on Dow futures trade, got back in, was up 100 ticks, got out of trade after I saw price break down again, escape today at breakeven plus commission.

Went long on Dow futures, breaking several of my rules…mentally not on my game today.

NQ futures falling into a daily demand zone.

Attempted to go long on oil, but stopped out.

Oil bouncing off a 4 hr demand zone…looking to go long if I can find an entry.

S&P 500 futures in a 60 min demand zone…not taking it because of the US Fed decision at 2 pm Est.

The Japanese Yen 60 min long set-up was triggered at 3 AM, I saw it last night…but wanted to wait until the morning time…once again the early bird got the worm.

A nice shorting opportunity on the British Pound right now.

I can tell there are some jitters in the equity markets because the Japanese Yen is moving higher.

Google disappoints could be an opportunity to go long on the NQ futures or QQQ…here is the 4 hr demand I’m looking at to potentially go long.

I think the Euro is going lower because the US dollar just breached the weekly supply zone.

The Euro sitting in weekly demand, but I’m anticipating it won’t hold and the Euro goes lower.

Looking for the Russell futures to move higher with the other equity markets.

Oil fell into the daily demand zone, looking for the next leg higher.

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.

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