Several trades triggered (6 in total between ES, NQ, and ER). Two stop outs as volume continued to be light, but we netted out gains for the day. See those sections below.
Net ticks: +5.5 ticks.
First, let’s start by looking at the ES and NQ with our market direction lines, Seeker, and VWAP:
ES:
ES triggered short at A at 1303.00 and stopped. Re-entry occurred at B and hit first target for 6 ticks, then stop was moved over the entry and the second half stopped. Later, Mark’s long triggered at C at 1310.25, hit first target for 6 ticks, and Mark raised stop to 1311.00 and stopped in the money on the second half:
There was another call in the Messenger to go long over the UPT at 1315.00 but I cancelled it entering the last 30 minutes for lack of time. It ended up triggering and working anyway.
NQ:
Mark’s NQ trade triggered above the Pivot at A at 2531.00 and stopped on the same bar (a sweep), which gives us an immediate re-trigger, that went two bars later at B, hit first target for 6 ticks, second half stopped under the entry:
ER:
One short trade here that triggered at A at 748.20, hit first target for 8 ticks at B, and we lowered the stop and stopped for 12 ticks on the second half at 747.00:
QM:
Look how the high and low of the session were the Value Area boundaries exactly:
