DB short today on MNQ.
PA is inside PD range (high/low) and inside PD VAH/VAL so I was confident that todays PA will be choppy so in favour for the DB.
MAGS were also below the NY and PD NY VWAP.
Stocks red more confluence for the short.
Did not short MES, it also presented a DB short. Was already using my max size.
Nice 1 to 1 RR great.
@JLeaskTrades@adamqtrades@austinsilverfx
MYM could be a great long if we get above the NY VWAP.
I do not think that we should drop lower considering that we have NVDA earnings after the close should stay choppy for both buyers and sellers.
IF PA gets above the NY we would also automatically be above the PD VAH.
However not taking any trades today. Just an idea.
Double break paid me in 7 minutes today. Kept my options open for either a retest to the upside but was interested to see a push lower towards overnight VWAP. Didn’t marry the bias, trusted the process and followed the plan
@adamqtrades@Futures_Jack@JLColunga95@iblameNancy
@JLeaskTrades@adamqtrades@Futures_Jack@JLColunga95 My DB long on MYM, did close at a small loss basically break even this week.
Would have held it longer if ES and NQ would be over NY VWAP but sellers are too strong today no need to predict something.
I have analysed some good AI Infrastructure stocks that could benefit enormously from the CAPEX.
Will post all my long term allocations when the time comes.
DCA-ed into AVGO today for the long term. Will look for further allocations if we get bearish momentum.
Looks like a failed breakout so we could get some sale prices in the near future.
Let’s see if the VIX gets any spikes.
Todays Trades 2/2.
MES was kinda difficult but trusted the process.
MYM looks also like a nice short but I am done for the day nice day to end the week.
Best mentors you can learn a lot from them !
@austinsilverfx@itsevandyer@adamqtrades