A loser that swept and then worked after the Fed announcement on a day that was basically what you would expect on a Fed announcement day…choppy and ended up going nowhere on 1.7 billion NASDAQ shares.
Net ticks: -4.5 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 long at A and worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play triggered long at A and didn’t work, triggered short at B and didn’t work:
NQ Tradesight Institutional Range Play triggered long at A and didn’t work:
ES:
Triggered long at A at 2104.50 and stopped, then took it again, hit first target, second half stopped under the entry:
