CMENT Trading

Friday's trading session brought anticipation as traders eagerly awaited the release of the Producer Price Index (PPI) report. In this blog post, we'll dissect the day's market movements, exploring how economic data and technical indicators influenced my trading decisions, leading to a mix of successes and lessons learned. The Sideways Prelude: As the trading day kicked off, price exhibited a mostly sideways movement. A brief dip around 6 am saw prices touching the S2 level on the daily chart at 4791, but the market quickly rebounded, trading around the 4800 level until the eagerly awaited 8:30 economic data drop. The PPI Spike and First Trade: At 8:30, the PPI report was released, surpassing expectations and triggering a spike in price. Seizing the positive momentum, I entered my first trade at 4813, opting for a long position. The decision was backed by the positive economic data and the alignment of all three PPMs spiking above both derivatives into a positive slope. P...

Trading is a constant challenge, filled with highs and lows, successes and setbacks. Thursday, 1/11, proved to be a day of dynamic market movements, testing my decision-making and adaptability. In this blog post, I'll take you through the events of the day, exploring the strategies, successes, and lessons learned. Morning Unveiling: CPI Report and Initial Rebound The day began with flat overnight prices until the 8:30 CPI report, which came in slightly lower than expected. This drove prices down to the S1 level on the daily chart at 4804. However, a rebound followed, bringing prices back to 4830 around the 9:30 open. First Trade: Shorting the Weakness As I observed all three PPMs above both of their derivatives, a notable weakness appeared as PPM 2 and 3 couldn't sustain their positive trend, projecting a return to a negative slope. My first trade came at 9:40, going short at 4826. Although PPM 2 hinted at a rebound, I opted to take profits at 4820(10ma), gaining 6 points. In...

Wednesday's trading session unfolded as a tale of precision and strategic decision-making. In a market that started off uneventful, I seized opportunities as price dynamics evolved throughout the day. This blog post walks you through my trading journey, exploring the highs and lows of the market, and the strategic moves that defined my day. Morning Fade and Strategic Entry: The day began with price fading off its highs, settling back to its opening price at 4790. However, at 9:25, the scenario changed as price pierced through its 40ma. Sensing an opportunity, I entered the trade at 4798 at 9:31. The market accelerated, spiking through the market grid, with PPMs surging through both derivatives and adopting a positive slope. Confidence in the trade persisted until 10 am, driven by positive PPM trends and prices above the moving averages on the 5-minute chart. Wave 2 Pullback and Profit-Taking: As the market pulled back during wave 2, indicated by PPM 2 projecting a bounce off its ...

1/9/23 Trading is a continuous learning journey, marked by successes and setbacks. Today, I want to share my trading experience, a day of redemption following yesterday's challenges. I approached the market with a different mindset, emphasizing the value of Price Pressure Momentum (PPM) indicators and focusing on strategic entries. Let's dive into the details of how this shift in perspective led to a successful recovery. Overnight Price Action and Morning Strategy: As the London open saw a significant price drop, dragging prices down to the S2 level on the daily chart at 4770, I anticipated a backfill after the RTX day we experienced the day before. Instead of attempting to short the dips, I shifted my strategy to buying the dip back up to the 21ma and 10ma on the daily chart. Strategic Entry and Confidence in the Trade: Entering my first trade at 4773, right as prices broke through the 10ma on the 5-minute chart, I considered the PPM values. PPM 1 was breaking through both d...

1/8/24 Trading in the financial markets is often a rollercoaster ride, filled with highs and lows that challenge even the most seasoned traders. In this blog post, I'll walk you through my recent trading day, marked by unexpected price movements, strategic decisions, and valuable lessons learned. The London Open and the Initial Spike: The day kicked off with a significant price dump at the London open, plummeting to S1 on the daily at 4723. However, the market quickly rebounded, rallying to RTX on the daily by the New York close. Despite the initial chaos, the day held promise. Little did I know that the journey ahead would be both thrilling and humbling. Missed Opportunities and Strategic Entry: While the price spiked above its moving averages at the open, I opted not to ride the wave towards its R1 levels on the daily. My decision was rooted in the analysis of the Price Pressure Momentum (PPM) indicators on the 5-minute chart, which, at that .25 level, did not seem to be in tre...

In the dynamic world of trading, every day presents a new set of challenges and opportunities. Join me on a journey through my recent trading day, where I applied the principles of Elliott Wave Theory and Price Pressure Momentum (PPM) indicators to navigate the markets successfully. Patience Pays Off: As the markets emerged from a three-day sell-off, I recognized the need for patience to align my trades with the most favorable conditions. The 8:30 job numbers, higher than expected, provided the catalyst for a rebound, propelling prices from their lows at 4700. The PPMs, indicating a positive slope and above both derivatives, hinted at a sustained trend. Elliott Wave Theory in Action: Drawing on my study of Elliott Wave Theory, I identified the potential for a profitable setup. With all three PPMs above both derivatives and exhibiting a positive slope, I recognized the beginning of Wave 1. Anticipating Wave 2, characterized by a pullback to the moving averages signaled by PPM 1 and 2 ...

As the markets welcomed the dawn of a new year, the first trading day brought forth a blend of challenges and opportunities. The landscape was marked by overnight fluctuations and intriguing patterns that unfolded throughout the day. Early Morning Tumult: London Open and the Hourly PPMs The day began with a plunge from 4826 to a stabilization point around 4780 at the London open. The hourly chart set the stage with PPMs through both derivatives and beneath its positive slope. Despite the initial red hue, early signs hinted at potential turnarounds. The Opening Spike and the First Trade Price surged above its 21MA and 10MA on the 5-minute chart, spiking through the 40MA at the market open. The PPMs projected a sideways trajectory with PPM 3 hinting at a negative slope. The first trade was initiated around 10:10, capitalizing on price being above its 40MA for a second time. PPMs teetered on the edge of positivity, but the trade encountered resistance, failing to reach the target of 4795 ...