Look Left … The Market Will Leave You Vital Clues, Start Reading them!!!
Anthony Speciale from Hawkeye Traders here, hoping you’re having a fantastic day.
Today, I want to share a crucial part of my morning routine when I approach the trading terminal – scanning the overnight session for clues that can shape the day’s market movements.
It’s fascinating how the market often leaves behind subtle hints during sessions when we’re not actively trading.
Yesterday morning, the NASDAQ presented a clear clue around 3:30 a.m. Eastern Standard Time.
We observed a Hawkeye Wide Bar with the highest selling volume of the entire overnight session, forming a strong reversal candle known as a red top.
Now, I’m not suggesting that anyone was up at 3:30 a.m. to short the market precisely at that moment.
Rather, I’m emphasizing how crucial it is to spot these clues.
They provide insights into potential market directions for the day ahead.
In this case, with such a significant selling volume and a strong bearish indicator, it signaled caution for any bullish moves.
What happened next was telling . . .
The NASDAQ dropped 1,550 ticks from the point of that red top.
This isn’t about perfect timing but about recognizing patterns and using them to guide your trading decisions throughout the day.
As traders, we’re taught to “look left” on our charts – meaning, pay attention to historical data and the storyline it tells.
The market leaves clues, and these clues often serve as leading indicators of future price movements.
Understanding this relationship between volume and price action is pivotal.
Reading Market Clues with Hawkeye Traders
At Hawkeye Traders, we’ve developed volume and price action based tools and include access to our Hawkeye Mastery Library, offering extensive training on interpreting volume and price action.
Whether you’re day trading, swing trading, or trading on any timeframe or market, our tools are designed to simplify your analysis and enhance your trading precision.
I encourage you to dive deeper into this concept by watching our training webinar.
It’s packed with insights that will give you that “aha” moment – realizing that trading isn’t about drowning in indicators but about understanding what volume and price action are revealing.
Take notes, ask questions, and let us help you integrate Hawkeye indicators into your trading toolkit.
We’re here to support you in mastering the art of reading market clues and making informed trading decisions.
Let’s decode the market together. Click the link below now, watch the webinar, and start enhancing your trading strategy today.
I look forward to seeing you there and helping you succeed in the markets!
Happy Trading,
Anthony Speciale
Hawkeye Traders
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