Friday's Trade + STREAM UPDATE!
A trade worth over +700 ticks to end the week!
Ended the week with a bang while away in Japan!
I had the direction wrong initially, but quickly adjusted course when the order flow showed bearishness and secured over 700 ticks total in one of the Topstep funded accounts.
Also, a quick update on next weeks stream schedule (nothing too crazy, but just an important heads up!)
First let’s look at the trade:
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My Trade:
Trading Brief:
Initially got long and added in up to 3 contracts as price was holding above a volume shelf that had developed just underneath the PW VAL.
Got stopped out for a small loss, order flow shifted to bearishness as we broke the volume shelf and the tape increased in speed — added in 2 contracts short.
Took profit at low of the day near 700.00, and pulled my stop in to trail the final contract closely to catch any sudden drops — securing a total of almost 800 ticks!
Trade Commentary: This was such a beautiful trade, and again showing the beauty of good risk management — I was wrong at first but had enough wiggle room to still be right on the next trade.
Don’t let your ego get hurt when trading, be okay with being wrong and then changing plans when the market shows you what is about to happen next.
That is, if you’ve managed risk enough to be able to do so ;)
Stream Update:
My flight back home tomorrow has been cancelled (grounded for “engineering issues”, thanks Air New Zealand…) so I will now be arriving home a day late — meaning no stream on Monday.
Streams will be back to normal from Tuesday onwards, broadcasting here.
Looking forward to getting back to it!
Wrapping Up:
It’s been a great week, this year is starting strong for me! Let’s keep the steam going into February.
When I get home on Tuesday, I’ll be continuing the building of TickJump due to popular request — alongside the daily streams :)
Official (and final, lol) release date to be announced in March.
Have a great weekend, and catch you Sunday with the weekly levels.
~Cam Narayan, AKA “Cammy Capital”
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