Net ticks: +2 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:
Triggered short at 1672.25 at A and stopped for 7 ticks. This was actually not the price I meant to enter, which was under the VAH after it set that level. Apologies:
NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
Mark’s long triggered at A at 3038.00, hit first target, he adjusted the stop three times and stopped the final piece at 3044.00 at B:
