Jun 8, 2018 – Three Strikes

Premarket Insight

Today, seeing decent volume early on everything except NQ (Nasdaq Futures), even though NQ’s volume is higher than it has been all week at this time. GC (Gold Futures) has already had a decent pop early but could possibly be continuing high after this pullback.

Nothing significant on the calendar today to be aware of.

 

At the Bell

Not much at all happened premarket. Only caught a whole $10 of a struggling GC play bearish, getting out from the action of the 1 and 5 min candles.

More indecision as the market opens, NQ bouncing slightly bullish in a channel in the first 15 minutes. A lot of bearish sentiment from traders on various social platforms today, expecting another flash crash. However, this looks like a good place for the market to bouncing after yesterday’s selloff. Keeping my mind open for anything.

 

COB Recap

Stopped early today, as I took 3 losses back-to-back putting me down more than 2R on the day. Losses led to frustration and nothing good has ever came from trading while frustrated. Can get back at it next week. Still green for the week, so it is what it is.

 

Have a great weekend!

 

3rd strike. Click the image for more details.

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

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 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”