- Ace in the Hole
- Posts
- Ace in the Hole - Edition #83
Happy Monday Traders!
I hope you all enjoyed the weekend and got some time away from the charts! In terms of trading, my weekend started on Thursday because I was traveling to NYC. It was a short trading week to say the least, so I’m excited for the new week.
Let’s dive in!
Market Thoughts
$NQ_F ( 0.0% ) 4hr Chart
It looks to me like we are setting up for another move higher. Remember, Accumulation —> Manipulation —> Distribution.
If we are expecting the market to move like this, we should see some form of manipulation next. IMO, this would be a move to previous week lows where we also have a weekly FVG. I expect price to tap into here and setup for the long back to the top of the range.
If we don’t trade how I think and I’m just blatantly wrong, I will just play whatever the market is giving me to those overnight levels. But I think this has a good chance of setting up how I want.
Economic Calendar
Earnings Calendar
Trending Sectors
Energy, Consumer Discretionary, and Utilities were at the top of the list for trending sectors this past week.
Top trending tickers from last week:
Have A Great Week!
As always, enjoy the week and trade safe everybody.
Let’s make some $$!
Tactical Traders Discord:
Live trade alongside professionals, access custom curriculum, trading psychology support, and join a community focused on your success. Learn, grow, and Profit Together.
Watch me and my peers trade LIVE!
