2/14/2018

still volatile, but readable

the volatility in us indexes is still high but the market seemed a little bit more readable today. there was an intermarket scheme that i know as a good setup for long entry.

it happened in nasdaq some 15 minutes after open. i took a long trade right here. as you can see, i went into a little drawdown, because the volatility is still very high, i am not able to catch the reversal very precisely

intraday trading orderflow - sierra chart

i am opening only two contracts to eliminate the risk. i hit both the targets. the first one was closed here, making it a risk-free trade, the other was after the breaking of the daily high.

intraday trading orderflow - sierra chart

the second trade today was dow jones short after an orderflow gradation with confirmation of low heat entry.
intraday trading orderflow - sierra chart

both of the targets were closed at the level of fist one. i had a feeling that today the price will go up so taking shorts was not the most comfortable.
sierra chart trade log


the result is 650 today is enought, i did not want expose to it any longer


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