2/17/2018

later in the evening

on friday, later in the evening, there was this situation that offered a good short setup for nq nasdaq. this is 30 minutes timeframe that i use for a long term planing if necessary.

intraday orderflow trading - sierra chart

from all the four markets, only nasdaq broke the daily low, the other three did not. it creates a pressure buying, because nasdaq looks to be cheaper and dis-correlated.

i was waiting for an orderflow timing to jump into short trade and speculate against these buyers who were trapped. this is the closed trade

intraday orderflow trading - sierra chart

this was the second trade on friday. the first trade was a loss at 9:00 - i did not notice there was a report at 9:00 and took long one minute before it.

as soon as i opened the long position, the price dropped, so i had closed 200 usd loss. it was one of the quickest loss ever.

my mistake to open the trade right before the announcement report.

daily result is here.
sierra chart trade log

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