Today's Trades + Wednesday Levels (27/11/2024)
Stopped out just above breakeven for +17 ticks...
Today’s price action was tough!
I’ve been seeing on social media that a lot of traders blew up today, we stayed in very tight range around the previous day VAH that faked out a lot of people.
Also I had a great trade that was only 5pts away from take profit before reversing and tapping me out just above breakeven, let’s take a look at it:
(Thank you to everyone that has emailed for TickJump early access so far! I’ll be sending out another email later today for further details.)
Futures Trading Prop Firm I Use (60% Discount)
Todays Trades:
Trade Breakdown:
I was late to the charts and missed the initial buy from the previous day POC, so bought in just above with 3 contracts. Overall bullish bias as we have moved up with strength from the previous weekly support level at the PWVAH, so anticipating upward moves only.
Had 20,910 as my take profit target, didn’t see any reason to close the trade out early. Moved my stop up just above breakeven to avoid any major pullbacks.
Price melted down off the hight at 20,905 and stopped me out a few ticks above breakeven, total take of +17 ticks.
Commentary: This was a great trade, just an unfortunate drop that was too quick and large. Happens that way sometimes! In hindsight there was nothing that indicated taking profit early or pulling in a closer TP target. Just part of the randomness of the market!
Wednesday Levels:
NASDAQ:
The levels I’m looking at going into Wednesday are:
Value Area High: 20,990.50
Point of Control: 20,957.75
Value Area Low: 20,941.50
With today behind us, cut your losses, your wins, and move on to the next! More opportunity is always on the horizon.
I’ll be sending out an email again later this evening for further details on TickJump’s release (our educational community) — everyone that has opted in for the early access will be contacted with further details on getting in next week!
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.”
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.