The S&P 500 futures are trying to get above the top of their range at 3804. The last hourly candle closed above it and we're seeing relative strength from the Russell 2000, Nikkei 225, and other indices here in the US and around the globe. Testing the waters here if I can get an entry at 3805 and look for upside towards 3855 over the coming hours/days. My stop is...
The first stream went down after I got done reviewing today's plan. Gonna attempt to review yesterday's trades here.
A daily morning briefing to review the previous day's trading and my trading plan for the day.
Getting long a little base breakout after the major indices stabilized above VWAP after the Globex open. Russell 2000 and Dow leading to the upside, with laggard Nasdaq 100 reclaiming support and S&P 500 still somewhat messy. Looking for a short-term trade here. Long small size (2 contracts) from ~3798. Already out of 1 at 3804 and moving stop to breakeven on the...
Looked for a bounce intraday as the Dow, Russell 2000, Nasdaq 100, and S&P 500 came into their respective support levels. Got a good entry on 4 contracts and ended up stopping myself out basically flat. The market then started moving without me --- I "revenge traded", chased it, and immediately stopped myself out for a $25 loss after realizing I had no plan for...
A daily morning briefing reviewing the previous day's trading and my trading plan for the day.
Looking for some continuation of the rally since the cash open. Need to see a breakout above 3804 to confirm that, so I've got a buy stop in above that level with a stop just below the recent low and a target of 3820. If it doesn't trigger, all good. Will wait for a cleaner setup to develop. Max position size based on the current reward/risk is 6 contracts, but...
Break of globex range to the downside. As long as prices are below 3790 this breakdown is intact. Using a stop slightly above that level at 3792 with a target at Friday's lows near 3773.
I will be live streaming my pre-market review 8:00 - 8:30 am EST beginning this week. Quick intro video into my background and process so you have the context you need for future videos.