Jun 4, 2018 – #Boring

Premarket Insight

Super slow in the premarket to start off the week. It’s definitely Monday. Nothing significant on the calendar for today.

This morning I will just be paper trading gold futures (GC), working on restructuring my day trading plan.

 

At the Bell

Up to the bell not a thing happened premarket really. Volume pretty much normal for what we’ve seen lately. Got a nice bullish pop in the first 5 mins of the open market but coming up to some key resistance. Staying patient and disciplined in my 10 min rule.

 

COB Recap

Not a thing happened after that 5 min run! Just hung out sideways, chopping in a weird flag-like pattern. Scrolling left, most of the action happened in the premarket at the break of the futures market session open after 7pm Sunday.

Made one attempt at a breakout that resulted in a half R loss. Oh well, to live and trade another day. Trading capital protected. ?

 

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

 

May 31, 2018 – Tweak it Just A Little

Premarket Insight

Almost didn’t make a post today as I was busy all morning in the premarket with other business. I barely watched, but I did not miss a thing. NQ literally had no life as it bounced along sideways until about 30 mins before the bell when it had a decent selloff.

 

At the Bell

However, that wasn’t enough to get things really going after the bell. It continued to chop around until after 10:30 EST. At that time, I quickly realized I needed to adjust my core strategy to the pulse of the market. Benefit of learning how to develop and tweak strategies.

 

COB Recap

At the end of the day ended with 1 loss and 2 winning scalps for a better than lately green day. Not complaining at all. #HardWorkPaysOff

 

Now back to the regularly scheduled programming.

 

Not sure why TraderVue made the charts look like this, cutting piece of the trade off. You can click the image for more details at my TraderVue profile.

 

Rob

Mv3 Trader

“Trade Consciously”

 

 

 

May 30, 2018 – A Whole Lot of Nothing

Premarket Insight

As of 6 am EST, market not showing anything interesting yet on 35K of volume. Better than last week at least. Economic calendar showing two events today at 8:15 and 8:30 EST.

Currently, NQ testing some resistance at 6967.5. I will just be waiting and watching for a good setup while working on some other business on the side until the bell.

 

At the Bell

Another very slow and dull premarket. Didn’t take any plays, paper trade or live. As expected the calendar events had minimal to no effect on the market.

And the snooze fest continued through the first ten minutes of the market. Guess summer vacation started early or graduation ceremonies and celebrations…

 

COB Recap

One trade for $50! Yaaaay!!! LOL

What a long day of slow nothingness. Didn’t see any good setups until after 11:00 EST which resulted in the profit stated above. On a bright note, the studying and work I did over the weekend helped me avoid what could have been a couple losses today and a lot of unnecessary stress.

See that play below:

Rob

Mv3 Trader

“Trade Consciously”