Jun 11, 2018 – In Other Business

Premarket Insight

Monday is here again, YAAAAAY!!!

Did some in-depth studying on GC over the weekend between enjoying family time. Planning to go live on GC this week with high probability play based off studies. Hoping this week, we see the beginning of a new daily trend I can take advantage of.

Typical to Mondays, nothing significant on the calendar today, but a few things scheduled for this week that could bring some volatility into the markets mostly concerning the Fed and Trump. Will note them on the respective days.

 

At the Bell

Will miss open market today due to business meeting at 9am EST.

 

COB Recap

Only play of the day was on GC based off weekend studies, in the premarket. See details below from that play.

Got back to trading station around 11am EST after meeting to see I didn’t miss much. Decided to wait until tomorrow to make another trades when I can give my full attention. Happy was able to get one good play on GC that could have been more. Click the image to see how I should have played it.

 

Click image for more details.

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Jun 7, 2018 – Just Scalping the Bears

Premarket Insight

I’m a little upset with Nasdaq (NQ) this morning with it making a nice bullrun into new all-time high territory after my trading time in the afternoon. Thought we were friends. LOL Reading news, seems markets’ afternoon push was led by financial stocks.

It’s all good. I expect there will be some retest at some point but staying open to anything in this irrational market. May be wrong for this, but I wouldn’t mind a nice flash crash. #ImJustBeingHonest

Will only play GC (gold) if the volume breaks the 100K mark. Alert set.

 

At the Bell

Again, another day where not much happened premarket. Spent the premarket working on other business.

NQ leaning more bearish from the bell. Placed my order below the support.

 

COB Recap

Got 2 nice moderate scalps from the bears after the open. Using a more aggressive strategy could have got much more but there’s nothing ever wrong with getting wins. No more plays after that. Took my ball and went home. 🙂

 

Click the image for more details.

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Jun 5, 2018 – Frustrating Distractions

Premarket Insight

Two things on the calendar today, ISM Non-Manufacturing Employment and JOLTs Job Openings. Possibly could bring volatility into the market at 10am.

NQ started a nice bull run at 3am EST, jumping more than 30 points before 6am. Was initially thinking to trade GC before the bell but it’s looking light on volume now, so maybe I will pass on playing GC today.

 

At the Bell

Good decision to not play GC with live account, paper traded only. Could have only made a small amount of money. My time was better spent doing other business. Across the board not much at all happened. Out the gate, the battle between the bears and the bulls continues as the price bounces in a tight range.

With NQ coming up to a new all time high expecting to see some kind of pullback or indecision before another serious move. Today will take a lot of patience and discipline with this low energy on low volume.

 

COB Recap

Feeling a bit frustrated with second play of the day. Was getting distracted by things going on in the house so wasn’t as focused as I needed to be. After entering the trade, I adjusted the stop loss order to exit for less of a risk, but I didn’t make sure the order update was submitted. Got stopped out for a full R (risk) because I didn’t realize my mistake until it was too late. That basically returned me flat for the day.

However, was able to make it back later. Would have liked to have not taken that loss or much less of loss but what to do.

 

Got a nice scalp then gave it back. Click the image to see more.
Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”