Ended up with two trades that triggered after the market headed away from our short idea early, and both worked fine in the afternoon. See NQ and ES sections below.
Total ticks: +18 ticks.
Let’s start by looking at the ES and NQ with our market directional tool, Seeker, and VWAP:
ES:
Mark’s ES short triggered at A, hit first target at B for six ticks, and closed the final for 7 ticks as the session ran out of time at C:
NQ:
We measure the NQ tick as half a point instead of the quarter point that the exchange uses as the half point equals $10 and makes more sense.
Triggered short under VAH at A in the afternoon, hit first target for 6 ticks at B and kept adjusting stop until we stopped out at C for about 17 ticks to that exit:
