Nov 6, 2018 – Midterm Comeback

Premarket Insight

Election day is upon us and things seem pretty calm in the premarket. Nasdaq futures taking a bit of a rest after a 40-point selloff in the European market hours. Economic Outlook shows jobs report scheduled for 10:00 EST. Also, another day of earnings with some retail and fast food companies that could bring some decent volatility in the market if traders are not too busy casting their votes.

 

Premarket volume check showing pretty much the same story as yesterday with CLZ18 once again being all alone before the 100k of volume mark. GC currently up +0.35 percent with a strong bullish move in the European session. CL and 6E pretty much trading sideways. From a technical standpoint, CL bounced off yesterday’s low, looking to retest previous short-term support.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Profit $65

  • TST = $65
  • AMP no trades

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 5, 2018 – Back in the Game

Premarket Insight

Now with earnings calming down, still a pretty busy week ahead with something scheduled every day for the Economic Outlook. The main things to be aware of this week are U.S. midterm elections (#TrumpTweets) and another Fed day Thursday with rate news at 14:00. Oil also in the spotlight with headlines about Iranian sanctions.

 

Premarket volume showing relatively normal activity with CLZ18 all alone over 100k of volume. Price action looking to be returning to normal with GC and 6E trading sideways in a tight range. CL also trading sideways but with a wider range of about 50 ticks. NQ slowly climbing bullish since the open of today’s session, up +0.15% before 08:00 EST.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Profit $42.50

  • TST = $42.50
  • AMP = no trades

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Oct 29, 2018 – Play Nice

Premarket Insight

Nasdaq futures kick off the week with a ton of energy, already up more than 1.25% (more than 100 points) in the premarket. Key to note this is the last week of earning reports for major companies to include tech giants such as Facebook and Apple. Facebook releasing on Tuesday and Apple on Thursday. It’s fair to expect another interesting week of wild volatility and headlines that contributes more confusion than helpful insight.

 

Premarket volume check showing strength throughout the market beyond the Nasdaq. Before 08:00 EST NQZ18, CLZ18, and 6EZ18 above 100k of volume. GCZ18 close behind with less than 2k away from the 100k mark. Euro forex futures trading sideways, while Gold and Crude Oil trade bearish.

 

Remember to check the Economic Outlook for major scheduled economic events.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Loss $-240

  • TST = $-240
  • AMP = $0 (no trades)

 

TST-combine-loss

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”