Today's Trade + Thursday Levels (14/11/2024)
I was a little bit off my game today, and took a less than perfect trade which I ended up closing too early out of fear.
Not normally something that effects me much these days, but I still have some moments!
(Also, expect to see a lot of scalps instead of positional plays thru to the end of the year as I’m focusing on building up the account balances in my scalping accounts to close out the year!)
Let’s take a look at the trade:
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
Short after price rejected the underside of the PD VAL, and retested below the current session POC.
Added in another contract on the way down, bearish momentum was nice especially for the time of day (just after 6pm re-open).
Closed the trade off too early only halfway to target. No logical reason for this, just didn’t like the trade anymore…
Price ended up running to target and beyond, should have held at least one contract.
Commentary: Good entry and trade thesis, however, as mentioned I wasn’t mentally on my game today. I exited far too early. Should have been an easy hold all the way to target. A win is still a win, days like this happen!
Thursday Levels:
NASDAQ:
The levels I’m looking at going into Thursday are:
Value Area High: 21,215.50
Point of Control: 21,165.50
Value Area Low: 21,111.00
Also, apologies about yesterday’s cancelled live session - my internet has been playing up and is not streaming smoothly at all. Getting someone to look at it this week and should hopefully be back up and running ready for next week.
Just New Zealand shenanigans :’)
Catch you again tomorrow.
Cheers
~Cammy Capital
(Also, make sure to follow me on Instagram for more daily updates and trading content, and also to follow the official account for the new order flow education platform coming in December.)
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.