calm confidence in unpredictable 26/04

- notes from my trading journal 23/04: - after open right above VA, in range, price auction up, making a quick rejection of VAH, setting the IBH. After that a rotation back to IBL and VAH took place in 3 time periods, ending with another VA rejection. Volume was building up inside the IB, with dVPOC@1203.50, creating the S for the move up. Sellers weren't present aggressive through out the day and price started to get acceptance above 1203.75 which is the WVPOC, moving slowly to new highs, creating RE in 3 subsequent time periods, in the last 2 hours of trading.

- VA moved higher, but in the lower part of the profile, close near the highs above VA

- i entered long@1203.50 for the reasons described above, but due to some external factors i closed my position @1206.50 for a gain of +3.00 points.

16-23/04 weekly volume profile chart for determining S/R levels;

use the monthly volume profile as well

- key areas/levels for 26/04:

from volume profile w & m

1. initial R@1213.00, a HVN developing at these new highs
2. R2@1217.00-1218.00 from pivot farm
3. R3@1125.00-1126.00 from pivot farm
4. initial S@1210.25, on the weekly vol profile it's LVN between new highs and HVN below (acceptance area)
5. we should have fairly strong S between 1206.25-1198.00, HVN with WVPOC@1203.75; imo we need acceptance above this level in order to move higher and to validate the uptrend
6. 1198.00-1195.00 LVN area, rejection area, which i expect to hold as a strong S, on the other hand if price will pass through it i'll know that conditions have changed
7. other areas of S: 1193.50, 1189.00 as VPOCs of the HVN below
8. strong S line, which is also my bull/bear line in the sand is 1182.75, VPOC of the monthly vol profile

from MP

1. S1@1209.25 VAH
2. S2@1207.75 POC; these 2 levels are just above HVN described above at point 5.
3. S3@1202.50 VAL, below WVPOC@1203.75
4. NPOC@1193.75 from 22/04, coincides with HVN VPOC and WPOC
5. NPOC@1166.00 from 31/03

- analyze Globex session, change the levels if necessary and finalize the plan after. Remember, strong O/N profile formation might give some important clues for the morning session.