Jun 22, 2018 – Who Let the Bears Out?

Premarket Insight

06:18 EST: So far at the start of my day, nothing seems super interesting yet from my playlist. GC has been bouncing around a bit and CL seems choppy. Volume across the board is about average. Nothing significant on the calendar for today

NQ has had some decent pullback from yesterday’s selloff. Today could be a significant

 

At the Bell

Again, got sidetracked with other business. Missed some great opportunities on CL after the choppiness stopped.

NQ took a deep dive at the bell selling off hard right at the open from the premarket pullback. Dropped a whole 30 points out the gate! Of course, being disciplined with 10-minute rule, missed that whole move. Could be the start of a nice flash crash. Using the word there crash there lightly.

 

COB Recap

That first 15 mins led to the market dropping a whole 40+ points! Once again regretting the 10 min rule (LOL) but I’m keeping it. Can’t catch them all. However, I did manage to catch the second drop nicely.

…And then I let my impulsiveness get the best of me, giving most of it back stepping slightly outside of my strategy. Have to remember to use paper trading to scratch that impulsive itch when I want to do something that doesn’t follow my strategy to a T.

Later I made up for some of it catching a scalp on the fade, thanks to all my hard studying in recent weeks. Ending my day green. Not at much as it could have been but green is green and always a good thing. Now time to enjoy the weekend,

 

Have an amazing weekend everyone!

 

Catching an impatient scalp on the fade. Click the image for more details of today’s trades.

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Jun 21, 2018 – Supreme Taxation

Premarket Insight

Got to my desk late today, been a busy day. Upon logging in noticed there’s been a ton of action in the aftermarket. Only thing on the calendar today is Philadelphia Fed Manufacturing at 08:30 which I’m not expecting to have much of an effect on the market.

 

At the Bell

Took two small winners in the premarket. See my click the image below for access to my Tradervue profile to see the details of those plays.

NQ had an expected dip in the after-hours leading to this bullish pop continuation at the bell. Not long after price dropped hard blowing past previous support.

 

COB Recap

Finally! Ended the day early with a decent green day. Could have been more but not complaining. All the previous days of struggling finally paid off as this has been the best I’ve ever played the market. See my biggest play of the day below and click the image to get the full play-by-play of my day.

 

Click the image for more details.

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Jun 20, 2018 – Down But Not Out

Premarket Insight

Normal plan for today, play GC and CL in the premarket, NQ after the bell. Nothing exciting going on this morning. Everything seems to be just business as usual.

On the calendar today is some Fed news right at the bell, should be a very interesting open. Have to make sure I stay disciplined to my 10 min rule even though it went against me yesterday. Also, not as exciting IMO, Existing Home Sales at 10:00 EST.

 

At the Bell

Had a easy, quick play on CL in the premarket, however GC ate up all of that profit chopping around. On the 1st play got filled in on nasty wick before it proceeded to march back to my stop. In hindsight, probably should have just closed the trade when I saw the wick since I pretty much felt it was going to be a loser.

NQ continued a slow bullish climb into the open before bouncing around a bit at the bell for a nice bull pop that could have given me a scalp. 10-minute rule got me again but I’m sticking with the rule looking at the big picture.

 

COB Recap

Somehow, I completely forgot about the 10:00 EST news which made sense why the market had no energy. Tons of indecision.

Welp! Took another beating from the market today. But I’m down, not out. Actually, got some good insight from the chatroom I’m a member of (RealLifeTrading) that was pretty much to do the opposite of my normal strategy on super choppy days like this. I reviewed the market with that insight and it was on point!  A major difference between an up/down red day and a green day with ease.

Good thing I had that win with CL earlier to ease the pain a little. I will give the market the victory today and live to fight (trade) another day. Tomorrow. ?

 

Click the image for more details.

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”