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

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.

the second trade today was dow jones short after an orderflow gradation with confirmation of low heat entry.

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.

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

it looks amazing..

yeah. the markets were falling today, the volatility was doubled compared to a normal state so that the risk and reward had to be doubled too and the opened position had to be halved.

currently, i trade smaller positions, so i opened only two contracts right here

the timing entry of this trade later in the afternoon was based on the tick-nyse indicator. the first part of the position was closed in the profit, the other part (which i meant to close quite far) ended up at stoploss.

it looks amazing, doesn´t it?

crawly lazy price

today´s e-mini markets were crawly, lazy and boring. the session started with a good tempo but quickly became really slow and tedious. the candlesticks were overlapping one another which is always a sign of an untradable market.

within the first hour, i haven´t seen any opportunity for opening a trade. i stayed a little bit longer and took this short on e-mini dow

this is the kind of entry that is more speculative and riskier. at first, i opened only three contracts and compensated to the full position a little bit higher.

anyway, only one part of the position (4 contracts out of 6) filled the target, the other half ended up at stop loss.

+100 usd today is a poor result for such a long time.

daily low stoprun

on friday late afternoon sellers broke the daily low and activated stoplosses of all the buyers who have bought within the day. this was the biggest candle in the whole day and - as usual- i was going against the visible movement and took long at the very low

i caught the low quite nicely, timing entry was based on sellers exhaustion. i openend only three contracts instead of six by mistake.

here is how the last contract ended - exactly at the poc area

pretty great trade i would say..

this is how the situation looked like on a slower timeframe (30 min). there was an expanding separator bar from the previous day.

dow jones futures trading

today i traded only dow jones futures (ym), and it offered a number of opportunities. unfortunately i was not able to hit the further targets, except in one case.

all the four trades i took hit the first target but only one of them ran further. and that one was with the smallest position possible (2 contracts only), because the risk of that trade was higher. it is quite a shame, and pity taht i was not able to get more from today´s volatility.

here is the intraday chart of e-mini dow jones in the first hour after open with my trades and comments

result

by the way, today i have noticed two iceberg orders (one at dow jones and the other at nasdaq futures 100).

still don´t know how to use it in my trading but it is an interesting thing to observe and follow the big guys through this visualization

here is the situation at dow jones where the iceberg was triggered after the price fell through bigger buy limit order (white line on market depth)

here is similar situation at nasdaq (in different time), but this one is not so strong

it is interesting to notice that the the price level where the iceberg sell order at dow jones started was not broken higher. in fact the market moved consolidated near daily low and after it sucked in enough buyers, it dropped deeper. 

nasdaq 100 futures pullback reverzal

an example of timing entry on orderflow liquidity vacuum in trend following scheme. selling lowest low

the daily context, the place of the short entry (arrow) and the subsequent fall of the price