After the long weekend, the markets have returned to normality…
Here are yesterday’s entries and exits.
Click to zoom in if you’re reading on a phone screen.
After the spike up on the open of the session we pulled back to VWAP and I took a nice long expecting the bounce, exiting at the perfect time before the price broke below.
Like a drowning person coming up for air, I figured we were possibly just dipping before a strong break above VWAP.
So I longed again once we reclaimed VWAP but took it off for a profit when I saw other futures products breaking down, serving as my early warning sign (nice li’l tip for you).
My next target was the open at 4000 so I got a good short down to there, scaling out on the way.
We chopped around 4000 for a while until convincingly breaking below, where I shorted towards the Overnight Low.
Once out of my positions I was +$837 on the day. 🙂
Good luck today if you’re trading with me.