NQ Day Trading

IB long, +20 1st lot, +40 2nd lot, +3 3rd (micros). 2.7% closer to the combine target.

..today's hrly context.

..there was uk session momentum when i got to the charts this morning. Took a short after the 09:00-10:00UK bear close. +20 (1st micro), +40 (2nd micro) & +291 (3rd micro). The round number being the obvious target for the 3rd lot, which i'd also marked up on the hrly chart, plus it was Friday's VPoC.

..strong momentum overnight and now nudging the key volume node at c16150. Finding the combination of standard visual S&R zones and the time & volume insight very useful.

..took the IB long, mindful of the hrly potential R, so a quick +20 (2 micros), +40 (2 micros) & +32 (1 micro).

well done on the breakout trades. do you use buy stop limits anticipating higher prices?
I picked up 12T (2 es lots x 6T), wont clog your thread with es charts. just curious.
regards
goma

yes, in this case a buy stop bracket just above the IB b/o candle high.

Not precious about others sharing charts, feel free I'm interested to learn how you trade too.

..bond auction later, might be more momentum after that but i'll be off doing other things by then.

Work lunch today so won't be trading until much later US session, if at all. Latest profile and hourly S&R below.

Today's hrly.

..a couple of IB shorts and hit the TST micros combine, 1st stage target. Need to do it all again for stage 2.

congrats

Thanks to you, NevFX - your ideas underpinned stage 1. Just tweaked the trade management a little.

..poor start to the week - rookie error on the 1st trade, didn't wait for the 5min close before entry and paid the price. Trade 2, took profit on 2 micros and stopped out on the remaining 3. The 3rd trade was a win with the final micro hitting target. Not too much damage done overall.

beware of the pullbacks, especially around whole numbers eg 16200. lots of interest on either side. keep up the good work.
regards
goma

..hourly s&r levels continue to serve as a useful roadmap.

..went all in short given the momentum, from the IB low, didn't wait for the 5min close, took the gamble that it would be an aggressive b/o. Went to target but i also had the 15750 volume node in sight so didn't TP on the first touch of the target level, TP once it bounced back off the level a 2nd time.

..IB low near the RN so waited for a 2nd test before deciding to short. Trailed on the 1min for +82.

..in slightly earlier than the break of the IB low due to the pa and momentum at the time - trailed with the 1min and out for +318T.

similar action in the ES. future options on indexes expire tmro (the tail that wags the dog). I expect a volatile day. took a similar trade on the ES this morning
that I closed early. widening stops/limits is still a bit unnerving but necessary if one trades current market conditions. ok, one chart to clog your thread.
good luck,
regards
goma