Full time trader and purveyor of fine lines and rectangles. Boss of @themagicintern

Joined December 2012
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$SOXX Semis set for a bounce here off the weekly sweep, then we see what happens (I suspect more downside)
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Heard you guys like cup and handles $SOXX
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Gm Saturdays are for vibe coding
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$ETH did not hold the 4h OB IMO weekly will likely not close strong now. Waiting for a new week is the play. Not taking this one in either direction. Equities look clearer to me and things are prob correlated so mostly focused there at the moment W
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$MU Was willing to close shorts and be long to see if we could hold this monthly level. Could've seen a nice V reverse if so Zero follow through. I'm back in the shorts now from the same area I TP'ed yesterday.
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Back on this original idea xitter.cf/0xmagiclines/status/21…
$MU I am leaning toward this going back to the $300's at the moment but could be convinced we range/sweep then go up. Bullish triggers are monthly close > 1066 or sweep of Jul low + CISD Acceptance below Jul low and it's almost certainly going for May low and likely Mar demand.
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well it was fun trying to be a bull for 3 hours
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ethereum:native looks good to me pending how this week/next closes weekly sweep + hold quarterly range high would look good for upside in the coming weeks.
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Poor follow through overnight/this AM on equities I'm back to flat, open to looking for both longs and shorts next week depending on how things shake out Was open to the idea we could V shape it last night but it ain't happening
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If they do this on stonks tmrw (reclaim PWL) you just close your eyes and 2x lever your whole port, k?
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$SNDK I think it's worth watching memory/semis here after the blowup. Being long here is now actually like insanely good risk reward I think. If my earlier bear posting was wrong this would be the exact area to reverse from. TP'ed all my shorts earlier. Flipped long and giving them a chance to turbo it tmrw AM and save the NQ weekly. I reserve the right to flip flop again tmrw/next week.
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$BTC looks good here. Entries next week to 90.5 and probably 98k
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Honestly, this is a pretty strong close on the Nasdaq here S&P looks like it wants at least another sweep of ATHs I took memory/semi shorts off today. Gonna play the wait and see game for the moment Bullish scenario on $MU involves sweep of Sept low and mitigation of the HTF zone midrange at $859 If there is follow through tmrw/next week then ATHs could be back on the table Overall, captured some nice downside moves this week Watching and waiting for more info next week
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$MU I am leaning toward this going back to the $300's at the moment but could be convinced we range/sweep then go up. Bullish triggers are monthly close > 1066 or sweep of Jul low + CISD Acceptance below Jul low and it's almost certainly going for May low and likely Mar demand.
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Bitcoin's back (and so is my Substack). I think the $BTC bottom may be in for now. $97k–$98k is the bigger draw and then we see what things look like from there. I want a pullback and a weekly setup first. Equities look dicey. Check out the full trading plan in the comments👇
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$TSLA - Is this about to send??? I think we are forming the low today of what will become a weekly order block chain. This should lead to a weekly close through the gap creating a bullish IFVG After that, if we close above this week's high we go to Valhalla IMO this is the last level of major resistance before an ATH breakout
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oh no, everything is selling off. who could've predicted this?
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I suspect this is what happens on soft CPI There are good daily POIs above to look for short setups (imbalance, orderblock, PDH) 1H bearish setup and trade is good. No setup, no trade.
Replying to @0xmagiclines
if cpi comes in soft and nq still can't reclaim this morning's range, that'd be the cleaner tell than the print itself, no?
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CPI was not in fact soft, so unsurprising we didn't quite reach that gap
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$SOXX September low next. July Low is inevitable IMO Guessing 50% chance we full retrace to $330 or so at the moment. For now just playing shorts toward the monthly levels (and front running Sept low with TPs just in case) Bearish monthly fractal reversal confirmed on 10-8
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