Very quick in and out setup today!
I missed the earlier entry but got in on the way up for an easy 100+ ticks in total.
Let’s take a look at today’s play:
(Also bad news about today at the end of the email…)
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
Price trading back and forth near current session high volume node near the low of the session, no real trend established just ranging.
With this in mind, happy to buy near the lows as neither side was very strong. Bought in once price pushed above the high volume node (20,624.25) at the lows.
Placed a 50 tick stop loss and 50 tick take profit total per contract, this was taken on my scalping account so I’m just capturing the smaller high probability plays.
Commentary: Quick and easy trade. Trading between current session volume nodes and using the overall value levels for context gives the opportunity for a lot of trade setups per session, particularly for smaller scalping plays.
Friday Levels:
NASDAQ:
The levels I’m looking at going into Friday are:
Value Area High: 20,876.75
Point of Control: 20,835.50
Value Area Low: 20,683.75
That’s today’s trade! Just a one and done today on the TopstepX account.
Also, bad news for today’s stream, I’ve woken up sick so can’t push my voice too hard today. Unfortunately I need to reschedule to next week.
I’ll be putting out the trade breakdown video tonight though so look out for that in a few hours from now.
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 tomorrow!
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.”
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