Some Trades

stopped for -6
Gone short at 52 now as sellers are hitting the bid.
trade the behaviour!
stop at 58

 

stopped -6

 

just monitoring the interaction between the buyers and the sellers, evaluating each sides intent. What they need, why and where etc

 

Demand looks to be stepping in as sellers lose interest in taking it much lower.
trade the behaviour that forms to price action
Long 4443.75 - stop at 4433.5

 

target is 4456.5

 

Target hit
+12.75 points
Auction market theory and traders behaviour worked out here.

Watching various market partcicipants place trades in order to detect supply and demand at the moment

 

pace has slowed down. COuld be that supply is drying up and sellers don't wish to take it any lower. Watching the behaviour of traders making trades.
Long 4449.5
stop at 4442.5

 

target is 60.75

 

stopped -7
Supply came into the market and overwhelmed the demand. Traders pushed price down

 

Sellers were unable to make a new low.
Auction market theory thus calls for a long trade here.
Traders behaviour makes the patterns

Long 4450.5
stop at 4441.5