May 25, 2018 – Simple Math

Premarket Insight

Logging in to my platform, so far, NQ looking to be range bound in the premarket today. We’ll see what happens. Maybe I just paper trade before the bell again today while working on my swing trading strategy.

Two significant things on the calendar today: 8:30 Core Durable Goods Orders report, 9:20 Fed Chair Powell Speaks. Fed news should have good effect on market.

8:30 news had no effect on the market. However, today would have been decent day to trade premarket. Had some good paper trade plays while working on swing strategy in the premarket.

 

At the Bell

Approaching the bell, the Fed news hasn’t had much on market either. The bearish slow grind premarket only came to an end…

And not much else happened. First 10 minutes, more range bouncing between, 6965 and 6942. Price hovering yesterday’s close.

 

COB Recap

Welp, not much at all happened today. Very boring uneventful day. Even the trading room was super quiet. One loss plus two small wins times lack of discipline equals red day. Is it Tuesday yet?…

 

Have a blessed and safe Memorial Day.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Please follow and like us:

Share this post