Time Of Week
Time Of Week
When the Monthly, Weekly or just the Daily timeframe suggests the market is Bearish - I
start looking for scenarios that might produce specific Bearish Weekly Profiles or just the
Daily timeframe
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When the Monthly, Weekly or just the Daily timeframe suggests the market is Bullish - I
start looking for scenarios that might produce specific Bullish Weekly Profiles.
Keep in mind the Weekly Range typically forms between Tuesday & Thursday. Using the
calendar for drivers will assist but there is no cookie-cutter one way fits all here. See March
content for details. I dial in on the Weekly Open for Power Of 3 influences on the Weekly
Range.
Time Of Week
The ideal days of the week for buying, Monday Tuesday and Wednesday
when the market start reversing in the first portion of the week like Monday and Tuesday
and it covers a lot of ground in the market and moving pretty fast.That is usually.When the
market profile week will be reversal, it makes more sense when this happens and while the
reversal the price stays in the premiume while retreacing lower
When a price.The average?Spread Day.Like if it's moving pretty fast really above, what is
the normal expansion of the days before?At the start of the week, we can expect a reversal.
Sunday
daily range is too small we look for the price to trade above the level “early “ in the week
during a Bearish week and vice versa, as long as the price is lower than the Sunday
opening we look for short in our trades until HTF PDA is traded to
Monday
Monday- Can Create a small Range Typically, If it had a high range and Extended to a
Premium or discount array that may be considered as High \ Low of the week
we extend the Monday Open over the week and we consider it an equilibrium, once it
trades above it we want to participate there where the market is overbought (Bearish
Scenario)
We expect the price to move lower and make the Low of the Week On Tuesday OR
Wednesday. It may happen on Monday too, But usually, it forms on Tuesday London
Open
If it did form the low on Monday, u can still get in on Tuesday - Wednesday continuation
we don’t trust Monday’s low, we like to study its range on the chart
With the market start reversing, In the first portion of the week like Monday and
Tuesday and it covers a lot of ground in the market and moving pretty fast, That is
usually, When the market profile week will be reversal, it makes more sense when this
happens and while the reversal the price stays in the premium while retracing lower,
When the week starts and moves faster to an PDA or a price range it usually will
reverse
The range from Monday - to Wednesday Is important, Breaking it to the Upside refers
to a Buy Program and vice Versa
The weekly Range is Completed By 30-50% From Monday to Wednesday
Tuesday
Tuesday- a usually good day-to-day trade
if we see Tuesday goes above the Opening Price we expect Wednesday to test it again
If we did go higher on Tuesday and test it again on Wednesday, we shouldn't test it
again or go down, unless there will be a reversal or consolidation for the rest of the
week
If there is a key level that we did reach in let's say Tuesday, you should be bearish or
have consolidation for the rest of the week(Meaning If we Did reach a HTF PDA in the
middle of the week, Expect a retracement )
IF Tuesday didn’t go lower it's Probably Wednesday to be the Low Of the week
If the price was going down and the Tuesday trading did break the Sunday high that is a
major bullish shot-kill trade
Tuesday may have reversals
Wednesday
If we break A level on Wednesday we SHOULDN’T test it again, we expect in Thursday
and Friday an expansion of the weekly candle If we traded through the old day’s high
and low, we expect a Reversal It’s the role of the Cycle of the market so taking that in
point is important
If we see Tuesday goes above the Opening Price we expect Wednesday to test it again
If we break it on Wednesday we SHOULDN’T test it again
We did make the high on Tuesday then we went down we did test it in Wednesday but
once we left the open we did not go back to it, if we did it’s going to be a mixed week,
and we do not want to be a part of it
If we did go higher on Tuesday and test it again on Wednesday, we shouldn't test it
again or go down, unless there will be a reversal or consolidation for the rest of the
week
Thursday
Thursday- generally idea - Can reverse The weekly range is capped at the end of the
London close or New York open session so it may reverse after it in the day
If the price did retrace in Thursday more than 20% of the weekly range after the PDA
has been taken, we do not anticipate in Friday's movements.
Friday
Friday- typically small range closing a week
If you see objectives that didn’t get hit on Thursday they may get hit on Friday so it
depends on the weekly move