Today's Trades & Extra Study Material (23/11/2024)
One trade for +480 ticks, and some extra content to go deeper!
I’ve been experimenting with micros for most of the week this week to build my funded scalping account balance up.
It’s worked quite well and been an awesome way to manage risk and build in better average positions!
Let’s take a look at today’s trade, and then at the end of the email I’ll point you towards a must-watch video to continue learning about this way of volume profile trading.
First, here’s the trade:
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
On the market re-open just after 6.00pm EST, waited for some volume to build up. We had a big push down at 18.30 and a prominent current session POC around 20786.00.
As we came up and retested this 786 area, I kept adding into my position with micro contracts, for a total of -15 micros (equiv. 1.5 mini contracts total)
Each contract I added in, I removed some risk from my SL.
Take profit target set to the low made at 19.30. I don’t like to target much bigger swings immediately after the 6.00pm re-open because volatility tends to me quite low until closer to London Open — full profit taken for a net total of +480 ticks.
Commentary: Decent trade, not the cleanest move as compared to earlier trades this week — but a great little play to end the week all green!
Extra Study:
Every week, I’m doing a video breakdown which goes more in-depth into the reason I take these trades, the context surrounding them, and why I exit when I do.
Perfect for some weekend study if you still have the trading itch!
I’ll send out next weeks levels on Sunday evening.
Hope you had a great trading week, and have a fantastic weekend once again.
Remember the best way to keep updated on my trading/new content is by following my Instagram, I post pretty much daily there (including trades taken etc.)
Talk again Sunday!
Cheers
~Cammy Capital
Discount Links:
Futures Trading Prop Firm I Use (60% Discount)
Bookmap 20% Discount (Code: CAMCAP)
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.