Trade Setup Post analysis for Jan - 03

PAT Indicator — A TradingView Indicator for Reading Market Belief

Trade the crowd’s conviction, not just the candles. Clear, testable entries and exits on TradingView.

PAT IndicatorMJC Training Ltd

Setting Up for a Promising Trading Week ahead

Trading is as much about preparation as it is about execution. Today, I'll walk you through our post-analysis process and explain how we set up trades for the Asian session. This analysis typically arrives just before the Asian session begins, allowing traders to plan their positions for the coming day.

Market Setup and Analysis

We began by establishing our baseline through key price points. Above this line, we identified underlying strength; below it, underlying weakness. This fundamental analysis forms the foundation of our trading direction and position selection.

The market demonstrated the anticipated underlying weakness, with price action confirming our analysis. Notably, our indicators highlighted significant pressure on the underside, warranting careful attention. In such scenarios, we look for potential breakouts, as pressure building beneath support levels often leads to decisive moves when that support finally breaks.

Real Trading Experience

In the spirit of transparency, I should mention that I traded this setup and encountered a small loss. I entered perhaps a bit prematurely when the market breached the support level but quickly reversed. While hindsight suggests we could have refined the entry by using a lower timeframe, this is the reality of trading – we learn from these real-world experiences.

Session Analysis

The Asian session displayed a relatively narrow range of 45 pips, tempering expectations for dramatic moves during the New York session. However, the effectiveness of our established trend line remained evident throughout multiple touch points.

What makes the coming week particularly interesting is the extended period of accumulation we've observed. The market has repeatedly tested key levels, suggesting building pressure that could lead to significant movements in the near future.

Looking Ahead

The current setup appears particularly promising, potentially offering early opportunities. However, we anticipate a retest of previous levels before any sustained moves. Our target levels, marked by the purple lines, remain key points of interest for potential trades, likely starting as early as Monday.

Trading Flexibility

One of the greatest advantages of trading is the flexibility it offers. Despite being away for a weekend holiday in the motorhome, I'll ensure Monday's analysis video is available at the usual time. This demonstrates how modern trading can be managed from virtually anywhere.

Key Takeaways

• Extended accumulation period suggests significant upcoming market movements
• Multiple confirmed touch points validate our analysis approach
• Clear target levels identified for potential Monday trades
• Important to maintain trading discipline despite location flexibility

To stay updated with these trading insights and receive timely setup notifications, ensure you're subscribed to our updates and flag the emails when they arrive. Next week promises exciting trading opportunities that you won't want to miss.

PAT Indicator — A TradingView Indicator for Reading Market Belief

Trade the crowd’s conviction, not just the candles. Clear, testable entries and exits on TradingView.

PAT IndicatorMJC Training Ltd

Author's Note: Trading involves risk, and all analysis should be considered within your personal risk management framework.