folks this is an example of the model I'm employing this year here you can see the market has dropped down below the 930 fair value Gap and I'm executing on the basis of the lower half of that Cy at 930 candle and the first presented fair value gap which is not highlighted but I'll highlight it here now right and the market has broke lower into the new week opening Gap right now it's approximately the high of the new week opening Gap and I'm initially targeting the 830 low I'll be looking to take off a partial
low the 10 a.m. low so I want to see price get real heavy in here faing a bu limit order below the 10 a.m. swing low stop now has been lowered to the high of new week opening Gap plus one tick all right so I want to see it remain heavy using that new week opening Gap low into consequent encouragement of that new week opening Gap that's a permissible range and then drops aggressively and my stop loss has been lowered below consequent apprach of the new week opening gap which is those two purple lines okay
limit order filled so one partial is taken there and the stop now is lowered below the new week opening Gap low I'm setting a by limit order 30 low and the volatility of this day stopped me out here and I'm going to look to go in again and Resort it Market returning back into new week opening Gap it's consequent crint level over here this breaks lower below new week opening Gap low so now I'm going to place a sell limit order in here I can trade to the midpoint we're just below where I have my
stop loss I think it's going to leave a portion of that Gap open note the bodies respecting the new week opening Gap low and I want to see it slowly but surely work its way down and make a lower low then we are in macro time now so price should start spoiling what direction lower okay so it's done that here now I'm going to look to take another partial once it makes a lower low I do think it's going to go lower I have a best case scenario trading down to uh 20, 640 level was
order below 37 at 50 okay price could tap the new week opening Gap low again that would be permissible but I'd rather see it continuously drop that's institutional or for entry drill which is an entry into a partial fair value Gap and we should see expansion to the downside and hit that limit order she goes so what I'm doing is I'm I'm allowing the market to expand in the direction of an old daily low so if you look at your daily chart you'll see that uh that purple line all the way to the bottom of
the chart where I have my limit orderer that's simply just the best case scenario it's not necessarily what I demand I'll be looking to take another partial and the stop has now been lowered one partial has been taken again so now I'm in a position where I don't care if it STS me out but if it continues that's all the better and I have to walk away from the charts at this time so I'm not aware of what it's doing and frankly I really don't care so I'll come back periodically and just peek and see
what price is doing so I'm not really going to walk through anything in here because I wasn't watching at that time if I would have saw it I would have been looking at that as a potential inversion fair value Gap with that large cippi that's built and my stock would be in Jeopardy but again I wasn't watching it at the time so it came back so that I could potentially be stopped out using that inversion fair value Gap so I'm not going to risk any more than that so I'd love to stop there lot of
manipulation today red forward day was uh pretty wild all to actually my stop just happens to be above relative equal highs with no recent stop hunt Okay so there's a stop loss I have an alert on my cell phone that takes me back to the Char parts and I'll come back and bring it till it close
