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”

 

Jun 18, 2018 – Baby Steps

Premarket Insight

Primary focus this week will be on GC (gold) and CL (crude oil) in the premarket and NQ after the open, staying true to my 10 min rule.

 

Logging in to start my day, so far GC is bouncing in a range. CL has already taken off bullish. However, need to keep in mind the volatility of CL. Typically it can always give good opportunities in any direction at any time.

 

I’m not seeing anything super significant on the calendar or in the news today.

 

At the Bell

NQ had significant selloff in the premarket, down 50 points (0.70%) before the open. Most of that selloff happening before midnight Sunday. Possible flash crash coming? … (fingers crossed)

 

NQ continued a bearish dip and bounced off a pivotal point. (insert pun here)

 

COB Recap

Let the choppiness get the best of me after the open today, Only was able to catch several small scalps on NQ, but should have been much more. Started to get frustrated so decided to take a break from my desk. That’s when the market decided to have its bullish pop, where I should have got my nice win. Ended up just scalping the top of that move.

 

The early moves in GC and CL only resulted in a small scalp off GC in the premarket.

 

Click the image for more details.

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”