The Opening Range plays worked again, the Institutional Ranges were too wide to take, and we had another nice ES call winner (the Value Area play) that worked well. See the ES section below.
Net ticks: +10 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play was a little too wide to trade today:
NQ Tradesight Institutional Range Play, same deal:
ES with Levels:
Triggered short at A at 2029.75 and hit first target for 6 ticks, lowered stop twice and stopped at 2026.25 for 14 ticks: