Got a quick and easy scalp in today, stacking those base hits. I’ve been making use of the current day volume profile more whilst trading NQ vs GC.
It’s very useful to use in conjunction with the previous day + previous week levels.
Let’s take a look at the scalp:
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
Failed twice to push above PD VAH and PW POC.
Once we dropped below the current day developing POC, I entered in short when I saw all the sellers flood the tape after price failed to break above POC.
Targeting just above the previous day POC to get out, target hit swiftly.
Commentary: Super easy short, didn’t have time or opportunity to add in extra contracts so just a small play today. Also on a side note, the levels we mark out are extremely “potent”, so I always make a point to either take full profit, or take partial profits when we trade to the next level of interest as you can likely expect a bounce/reversal a majority of the time.
Wednesday Levels:
NASDAQ:
The levels I’m looking at going into Wednesday are:
Value Area High: 21,240.50
Point of Control: 21,185.25
Value Area Low: 21,165.25
The week is off to a nice start! We’ll get in another live session this evening, so make sure to catch me here for the overnight session this evening.
See you there.
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.”
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