Steve Norman
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snormtrader.bsky.social
Steve Norman
@snormtrader.bsky.social
Trader of financial instruments and creator of programs for trading them. Trade ideas are just my own opinion and not recommendations.
www.for-exe.com
#NASDAQ: hasn't been as strong as DOW and no new ATH yet. Area of balance (referenced yday) has been flipped now let's see if the bulls can flip the SR pivot
November 12, 2025 at 1:26 PM
#DOW H1: after another new ATH today, I'll be looking for ...
November 12, 2025 at 1:24 PM
#DAX #daytrading Step 1: find the high-probability price magnets. Step 2. find a dip/rally PRZ with plenty of confluence. Step 3. Fill your boots - in this case for a quick 10% gain. And that folks, is how we trade for a living and why I do pre-session reviews.
November 12, 2025 at 9:02 AM
#DOW H4: W5=1 done, on the nose: H1 then D1 TZ1 calling for a new ATH; at least that's why I'm thinking. Like DAX, we have a supply zone to be smashed first.
November 12, 2025 at 5:12 AM
#DAX H1: Good tea leaves- ref Monday's review 🙂 25k - IF we can get an SDF and MM here, otherwise for today: H1 TZ1 and perhaps the ADR T, whilst allowing for the obligatory correction. I think the bulls have every chance now.
November 12, 2025 at 5:12 AM
#DAX D1: has now flipped that Be Mo Bar with DODC gap up and big DR, so I'd like to keep the bull hat on and see if price can deal with supply here: I expect it will but might need to pull the bow string back a bit before then
November 12, 2025 at 5:12 AM
#NASDAQ: US holiday but NYSE still open. I was going to skip reviews but this looks interesting (note how price did the Me Gap Pro - TETLEYS!) if price can flip the area of balance, we could have a very nice MM to aim for
November 11, 2025 at 2:23 PM
#DOW H4: TLBT worked well so we're looking for this SR pivot to be flipped back to support and then up to a new ATH @ TZ1 - in theory 🙂 Will reconsider if this SR pivot holds for resistance but Bu bias with this PA now.
November 11, 2025 at 5:13 AM
#DAX H1: yday's 'just an idea' worked well, back to supply, although not closed above it. That was a nice SDF but we have 2 more supplies. Let's see if SR pivot holds for support: if so, look to the Nov supply (if smashed, MM goes to ATH); if not a 50% retrace for a reflex is a good bearish option
November 11, 2025 at 5:13 AM
#DAX D1: I would say this is looking bullish but ... well, you know. It does though 🙂
November 11, 2025 at 5:11 AM
#NASDAQ H1:big DR from TLMS T2 W5 and old support (although price closed below that, briefly). Not sure about the 1234 up-count after last week's move, but I'll leave it for now. As for DOW, MGP up to the yellow zone today, if the WOWC gap holds for support. 'nuf said 🙂
November 10, 2025 at 2:08 PM
#NASD Weekly: same reversal bar combo as for DOW, pretty much, so same thoughts as for the DOW weekly review: waiting for more confirmation before getting all bearish or will the grey box hold
November 10, 2025 at 2:07 PM
#DOW H1: stuck between the WOWC gaps but the slight Bu feeling, from the H4 review, remains before the bell. MGP offers us the ADR T for today but the the 4 supply makes for an easier option: only if today's low holds though.
November 10, 2025 at 2:07 PM
#DOW Weekly: a reversal bar combo but we'll need more confirmation if we're to don the Be hats. It's a Be Mo Bar flip in progress, so we'll look to see if we get a lower close, this week, or the grey box holds for support. Pretty grim US fundamentals do not help with the hunt for 50k
November 10, 2025 at 1:57 PM
#DOW H4: potential progress with talks about ending the US shutdown, seems to have awoken the bulls. Strong move up from the SR Piv: waiting for a TLB / reflex / 1-2 up then look for TZ1 and a new ATH. Orange SR piv above might have other thoughts but looks good for the bulls and a 5th up, so far
November 10, 2025 at 7:51 AM
#DAX H1: the Be idea, from last week, worked, if not all the way to Sept D. We've had a reflex bounce already today, to support the D1 Bu bias. Mid_FVG R before LO, then top of FVG to be dealt with. A few Bu options, depending on PA with the SR pivot @ 62%
November 10, 2025 at 7:50 AM
#DAX D1: and this is still being a yo-yo, with my Bu/Be sentiment changing on a regular basis. Just look at the PA of the last 5 months!!!! Demand is holding for now and big DR (from KSG & D) on Friday - good reasons to be bullish.
November 10, 2025 at 7:48 AM
#DAX Weekly: it's STILL in TLBT & range mode. The TCSWTGB is just getting even more tightly coiled, clearly waiting for something to trigger an impulsive move - I have some ideas on that but not necessarily for sensitive readers 🙂
November 10, 2025 at 7:48 AM
#NFP - not today! Perhaps another reason why OT wants to keep the shutdown going (apart from the Epstein saga). The BLS (Bureau of Labour Statistics - sorry I can't spell Labour without a u) has been 'disrupted' to put it mildly, thus delaying the likely grim NFP data. How annoying for us traders.
November 7, 2025 at 6:07 AM
#DOW H4: mini up-count invalidated with the NEO bomb (which served us well). Still a chance of the SDF holding but it seems more like that we'll see the 50 or 62%, if MF continues. No NFP today, due to shutdown etc. FFS! See pic for thoughts ...
November 7, 2025 at 6:04 AM
#DAX: pass on the D1! |:( H1: just not making my life very easy. It's still in the channel, could still be a completed ABC but that was quite a bomb yday, with so much grim news of the US economy being flushed away by OTonomiCS. Let's see if FE200/D holds for the either/or ...
November 7, 2025 at 6:01 AM
#NASDAQ: yday saw a good DR from 38% on the D1 and the bulls look to be continuing up, although it's just CIM on the D1 for now. Same thoughts as for DOW, re the 5 counts, NFP and the 'smash or hold' for the resistance just above
November 6, 2025 at 1:26 PM
#DOW H1: 5 up or 5 down - the count works both ways. With M15 doing a very nice TLB, you'd think the M15 TZ1 would be easy pickings today but the TLMS 1 being resistance would support another wave down. Waiting for NFP to guide the way but let's see if the bulls can smash the M15 1 before then
November 6, 2025 at 1:25 PM
#NASDAQ: after the big bomb (as for DOW) we have some consolidation / downside rejection (DR) with TLMS T3 being done (and smashed). Mid FVG resistance for now - if price can break through, FE100 just below ADR T looks great and the most likely for today
November 5, 2025 at 1:55 PM