Good morning traders
ES and YM at ATH's NQ is 3.8% away are we destined to hit that this week? NFP maybe? If yesterdays momentum can continue, today is not impossible!
Anyway, it makes day trading simple, pick your spots to buy unless we start breaking levels to the downside.
Metals had a good day yesterday and have continued that in Asia - is my Gold swing finally going to stop playing with me??
We have dollar and the markets (specifically NQ) consolidating at the POC of the last 3 months range - potentially a massive decision point for a big move. A weaker jobs number could be the catalyst for NQ to continue pushing, evidence for that would be the fact metals seem to be holding the breakout, ES consolidating above previous ATH and the fact US got involved in the yen markets, would they do that with a strong jobs number?
Bearish argument could be the market generating exit liquidity to start a move down, obviously it could be a non event too and this is just price happiness for now.
Good morning traders
Good start to NFP day will be requesting second payout of August.
Dont get me wrong, I love when a funded account goes smoothly, but there is some real benefit gained when you have a bad start, but your edge still plays out. This account had $215 of DD on Tuesday and today max payout will be landing.
Build and edge you trust π«‘
We have dollar and the markets (specifically NQ) consolidating at the POC of the last 3 months range - potentially a massive decision point for a big move. A weaker jobs number could be the catalyst for NQ to continue pushing, evidence for that would be the fact metals seem to be holding the breakout, ES consolidating above previous ATH and the fact US got involved in the yen markets, would they do that with a strong jobs number?
Bearish argument could be the market generating exit liquidity to start a move down, obviously it could be a non event too and this is just price happiness for now.
Late London play for me today on NQ
Waited until we looked like we had finished going down and entered on the 1M
Took majority off at the obvious target
Kept 1 Micro in case we wanted to do a move like yesterday!
Trailed out at the failure of opening range
Days risk = $100
Days profit = $ 828