Today's Trade + Friday Levels (15/11/2024)
Apologies for the late email today! Just got back from a long day outdoors…
I’ll be away again for todays trading session, so no more trading for me this week — but I’m very happy with the results for yet another green week in the books!
Let’s take a look at today’s trade:
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
Trading below the previous day VAL, I was waiting for us to break above current day POC (the red line) whilst still underneath VAL.
Once we broke above current day POC, I bought in 2 contracts on the retest from the upside, targeting the VAL as full take profit.
Took profit on one contract just in front of VAL, and trailed stop on the remaining contract just in case it popped thru to the otherside for more ticks — it did not. Full profit take just under VAL.
Commentary: Fantastic trade. Perfect exit — price reversed at the VAL and ran down hundreds of ticks into the close. Trust the system!
This trade was another great example of using the current day developing profile to assist in context with the previous day levels.
Friday Levels:
NASDAQ:
The levels I’m looking at going into Friday are:
Value Area High: 21,129.50
Point of Control: 21,093.25
Value Area Low: 21,034.25
It’s been a great week this week, hopefully you have found some good opportunities this week as well.
I’m working on more volume profile content to put up on YouTube over the coming weeks, as there is so much ways you can use the profile to find edge in the market — it’s tough to cover in just one email/video!
Keep a look out for new posts on the channel, and come and follow the official Instagram account for our educational order flow community launching in December.
It’s not just your usual Discord or static trading strategy course.
We’re building something more supportive, community-based, and value packed to raise the standards for what is normally expected in paid communities.
Think less of a “buy my trading course” usual influencer garbage, and more of a positive, supportive, educational community where we build something together long-term as a pocket of like-minded traders — all trading the same “method” or a similar variation of it.
More on this soon, but definitely follow the official Instagram account to stay updated on release details.
Anyway, talk tomorrow!
Cheers
~Cammy Capital
Discount Links:
Futures Trading Prop Firm I Use (60% Discount)
Bookmap 20% Discount (Code: CAMCAP)
Footprint Charts I Use ($15 Discount)
Disclaimer:
I am not a financial advisor. All content produced by me here or anywhere else on the internet are strictly for entertainment and educational purposes only. Some of the links contained are affiliate links, meaning I receive a financial kickback for when you sign up for their services. I only ever promote products and services that I personally use and trust myself.
CFTC RULE 4.41: “These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.”
Disclaimer: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. "Cammy Capital" and all individuals affiliated assume no responsibilities for your trading results. All information conveyed is for educational purposes only and should not be construed as investment advice. Your use of this information is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.