- opened and closed two swings in the NQ during the overnight and pre-day session...
- entered at 1761.50 and exited at 1771.50...the high of that swing was 1771.75...
- +10 NQ points/contract, 1 contract closed....
- entered at 1762.50 and exited at 1767.75...the high of that swing was 1768.50...
- +5.25 NQ points/contract, 1 contract closed...
- for the day: +7.63 NQ points/contract, 2 contracts closed...
- got back in at 1761.75 during the post open selloff...NQ subsequently went on to gap fill, with a low of 1754.00, so this entry has not been ideal...
- not sure what my offer will be for this contract...
- lots of overnight and pre-market volatility latetly, which has led to some profitable swing trades for me...i will be paying attention to this phenomena...
- NQ showing rs to ES, with leadership from SMH and AAPL...
***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***
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Hi Adam,
ReplyDeleteThose overnight trends are nice...did not see many during summer time. If there is a consolidation breakout during overnight session, we can get a nice one way move very fast.
Great job on the 2 trades.
Thanks,
NQJ
hi nqj...yeah, the moves can be fast...i have also noticed that some (many?) of the moves often retrace part of the move, so if my exit target has already been hit, there is a chance i can get back in...overnight trading also has the added benefit of me not meddling as much with my entry and exit targets! adam
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