Patient with the news on the jobs numbers. Immediate drop on the news but it was positive. Being that it was, I decided to wait because there was an opportunity that it could have been a liquidity grab below 3720's equal low and a run for the buy side liquidity.
Sold on news break and on times & sales response. Saw the order flow aim at the ask price and the follow through came in afterwards. Once near target 1, watched the buying come in near the low and looked for a new group of orders to come through on the ask and we saw it. Took off the entire trade at target 2 after an attempted partial closure, a mistake but, that for the moment sucks but oh well! The remaining targets are from the HTF, the 4H+FVG, so I made it to the FVG(H).
Second pending order within the 5m-FVG at 3706.12 missed. Looked for a final tap on the low of the FVG(L) and didn't get it after the ask was hit again just below it.
Good week, not a lot of trading, but finished up pretty well. Most of the moves happened after hours this week or just at a time that I wasn't in front of the screen.
NFP data was positive but, this is implication that the Feds don't have to change their behavior and can extend their stance on monetary polices by a continued interest rate increase.
We'll definitely need to focus on the CPI numbers next week when we get that data.
Sold on news break and on times & sales response. Saw the order flow aim at the ask price and the follow through came in afterwards. Once near target 1, watched the buying come in near the low and looked for a new group of orders to come through on the ask and we saw it. Took off the entire trade at target 2 after an attempted partial closure, a mistake but, that for the moment sucks but oh well! The remaining targets are from the HTF, the 4H+FVG, so I made it to the FVG(H).
Second pending order within the 5m-FVG at 3706.12 missed. Looked for a final tap on the low of the FVG(L) and didn't get it after the ask was hit again just below it.
Good week, not a lot of trading, but finished up pretty well. Most of the moves happened after hours this week or just at a time that I wasn't in front of the screen.
NFP data was positive but, this is implication that the Feds don't have to change their behavior and can extend their stance on monetary polices by a continued interest rate increase.
We'll definitely need to focus on the CPI numbers next week when we get that data.