LSCC - June 24 Qullamaggie Breakout and Episodic Pivot
- Larger Trend is aligned to our trade direction
- Price is moving into 12:30 weak.
Price concept is if it cannot hold the momentum from 9.30pm - 12.30am. Then the lunch drop from 12.30-1.30am will accelerate the break down
Qulla Breakout & EP (Discretionary & Systematic) 🚀
Swing Trend Strategy focused on Breakouts based on repeated momentum and Episodic Pivots based on unexpected news/fundamentals that is not properly priced in. The entery requirements are always price consolidation and tightening
- Price is moving into 12:30 weak.
Price concept is if it cannot hold the momentum from 9.30pm - 12.30am. Then the lunch drop from 12.30-1.30am will accelerate the break down
Qulla Breakout & EP (Discretionary & Systematic) 🚀
Swing Trend Strategy focused on Breakouts based on repeated momentum and Episodic Pivots based on unexpected news/fundamentals that is not properly priced in. The entery requirements are always price consolidation and tightening
Trade closed: stop reached
Note
This momentum was driven by the PCE data. I wonder if I should have just avoided trading on high news impact days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.