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”

 

 

Jun 1, 2018 – Stay Focused

Premarket Insight

Couple of key news events on the calendar today according to investing.com. I will miss the premarket but there could be some interesting action after 8:30 EST with Nonfarm Payrolls and Unemployment Rate news providing a catalyst to the market. Only time will tell. Hoping it translates well into the market hours with plenty of volatility.

Also, ISM Manufacturing PMI may bring some additional energy into the market at 10:00 EST.

 

At the Bell

The premarket activity only resulted in a moderate swing of energy as the market dipped down to be slingshotted bullish. It calmed down into bell before pushing hard bullish again before 10:40 EST. Watching and waiting for a good setup, expecting some pullback here.

 

COB Recap

The pullback did come but super quick and I missed it paying attention to something else. The market continued to stair-step higher, but I didn’t take a single play. Lack of focus got me today. Too many side distractions…

 

Got’s to be more focused!

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”