Today’s Trade + Monday Levels (20/09/2024)
I snuck one scalp in today (+21 ticks), and my weekly net ticks are…
Managed to sneak in one trade yesterday while on the road back home!
(I’m home now, looking forward to getting back into it on Monday!)
From Monday I’ll be doing my bigger 30+ tick trades, and also bringing back the daily live sessions for a few weeks until my next vacation 😉
Today’s trade was just a scalp, but if I was able to hold and babysit the trade it could have been over a +300 (three HUNDRED!!) tick move.
Let’s take a look:
My Trade:
Trade 1:
LONG 1 CONTRACT at 2,616.5
LONG 1 CONTRACT at 2,616.8
TAKE PROFIT on 2 CONTRACTS at 2,617.7
Total Outcome: +21 ticks
~
Total Weekly Outcome: +67 ticks
Futures Trading Prop Firm I Use (60% Discount)
Executions + Trade Reason:
Here is the trade I took today.
Trade 1 & 2:
Trade Breakdown:
Strong bullish momentum trading up away from the Value Area Low, price drawing up towards POC.
Got long with two positions on a pull back, aiming at POC for take profit on both positions.
Take profit hit fairly quickly, easy no stress trade.
Commentary: Easy work. Whenever we are trending towards one of the volume profile levels, and are only 10-20 ticks away - I like to stalk a pullback to get in and trade towards said level.
Especially towards POC, that level is a magnet as it’s considered “fair value”.
Very annoyed that I wasn’t able to babysit this one and hold for longer - if you look at the chart; my entry faced almost zero drawdown and ran up over 300 ticks for the remainder of the trading day.
Back in my office for next week, meaning I can aim at the bigger plays again!
Monday Levels (RTH):
The levels I’m looking at going into Monday are:
Value Area High: 2,650.8
Point of Control: 2,647.1
Value Area Low: 2,637.3
Base hits all week this week!
Another green week in the bag (although small, again, wasn’t going to trade at all on vacation week but here we are lol)
Have a great weekend and catch you folks on Monday, I’ll send out details for the live streams on Sunday!
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.