8 Oct 2018 – Win Loss

Premarket Insight

Happy Monday! No change over the weekend for Nasdaq Futures. After a bit of sideways action (or lack thereof) we see selloff continue in the European market hours before bouncing back to the 5-minute VWAP in the premarket.

 

As for the economic outlook not much scheduled for the week, however this week kicks off the Q3 earnings season. JP Morgan will be the first major company to release earnings Friday. Interested to see what this earnings season brings as Q2 earnings season came with a suppression of volatility.

 

Volume check showing some strength to kick off the week with GCZ18 and CLX18 above 100K by 08:00 EST. CL trading slightly bearish so far while GC already down by 1.09%. Euro futures experiencing a similar selloff as Gold futures.

 

 

COB Recap

Loss in Topstep – $-270

Profit in AMP – $90

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Oct 5, 2018 – Gains Gains Gains

Premarket Insight

After a small retracement of the selloff yesterday, Nasdaq Futures trade slightly bearish in the after-hours. As of 08:00 EST it’s more neutral in the premarket, still receiving some support from the daily 50 SMA. That could change soon with ADP and Unemployment rate coming at 08:30 EST as scheduled on the Economic Calendar.

 

My premarket volume check showing strength in Nasdaq and Crude Oil, with CLX19 above the 100K volume mark. CL starting to dip bearish but coming into support from yesterday based off the 5-minute chart. Euro futures look pretty much the same as CL and GC trending bullish.

 

COB Recap

Total Profit = $430

 

Forgot to mention in the video also paper traded for $750 in Sierra Trade.

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

Oct 4, 2018 – Chop Gains

Premarket Insight

The day following a ton of up-down volatility from indecision yesterday, as we can see from the doji candlestick on the daily chart, today’s futures session starts off slightly bearish for the Nasdaq. Headlines give selloff credit to lower Treasuries on higher yields for selloff in the overall markets. However, with the measuring being Nasdaq, Dow and S&P 500 Futures, as of 07:55 EST the selloff is moderate at best and all aforementioned indices have strong support with big picture trend still bullish to neutral.

 

Taking a look at the watchlist (NQ, CL, GC, 6E), other than the already mentioned bearish NQ, GC and 6E starting to open up bullish while CL continues to trade sideways in a tight 40 tick range. We get a break on the economic calendar today with nothing significant scheduled.

 

Volume check at 07:30 showing moderate strength in the premarket. Just another day, nothing special to see here. So far, 6EZ18 the only futures contract on my watchlist that’s above the 100K volume mark.

 

UPDATE: At of 08:00 EST CL broke intraday support with the potential to start a bearish trend.

 

 

COB Recap

Total Profit = $210

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”