Three triggers today, two on the ES and one on the NQ, both early, as action faded quick and the market volume was not impressive. See both of those sections below.
Net ticks: -2.
Here’s the ES and NQ with our market directional tool, VWAP, and Seeker:
ES:
Triggered long at A and stopped for 7 ticks loss at B. Triggered long at C, hit first target at D for 6 ticks, second half adjusted for 1 tick loss under entry:
NQ:
Triggered long at A and hit first target at B, second half stopped at entry at C:
Remember that even though a “tick” on the NQ is a quarter point for $5 per contract, we still count the half point moves as the smaller increment is too hard to count.
