1/09/2017

dow jones futures short (after trapped late buyers)

these days after american lunch the volatility drops significantly and the markets are literally dead. trading in such environment takes lot of discipline when t comes to waiting for an opportunity. there are not many opportunities these days, so whenever one appears, one need to catch it quickly, automatically.

this was the only tradeable situation today. ym futures tried to break the swing high but the buyers were absorbed. the entry moment is here:
here is the support at market orders that show diminishing power of buy market side - this would be a better moment for the entry

a nice "second entry" in the area of my "first entry"
wmo shows no interest at buy market side and it is flat - good for "second entry"
although i planned the second target further, i closed it prematurely because i did not have any profit today and the market were terribly slow and tiring today (and about to close in a while)

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