YM1! ended up being the simplest to trade out of all the US futures netting of 336+ point from Daily Buy Absorption level right down to Daily Sell Absorption. I got staggered entries from the passive Sell cluster right at open as I didn't want it to go without me, added 2 at the short-term mean reversion level and My final 2 at Daily Buy absorption with my first TP at 52,843 point of interest from yesterdays post. I used the second point of interest as the area to add into after the pullback created an opportunity for enough volume to get trapped and allow for the final move. After hitting targets i left 20% as runners like usual and trailed the stop tightly until those closed out. The rare allocation plays are becoming more common as volatility increases so we'll see what the next session holds.
E-mini Dow Jones ($5) Futures
Real-time market insights
YM1! will be the primary focus for tomorrow as it has setup a build out for a massive move. Point of interest are the Early Excess levels at 52,955 and 52,843. I expect extreme volatility followed by a sustained grind into lunch
Was so locked in on NQ I missed a beautiful short on YM1! that looks looks like its still going. Either way there's always tomorrow.
MYM1! today morning ORB holy chop! very scary trade we broke out the ORH this morning but I watch multiple indices so NQ! was selling off with no break out so I knew MYM was soon to follow and I waited on the break to the ORL Got in! risked my 1:2R:R and secured my piece of the pie <3 heres just a trade recap replay I could of took both nq and mym today both hit 1:2r:r this morning I hate leaving money on the table lol but atleast I secured about 5k across 5 accounts <3 THANK MYM TODAY
MYM1! today morning O.R.B was amazing early push straight to TP smaller time frames were showing me a bearish downtrend so I predicted and assumed a selling opening and I entered at the breakout to the ORL and went for my 1:2R:R secured profits before market open and I am done for the day 1 a+ setup a day<3
YM1! gave to full 443 point move for the expected range I was looking at. Closed out runners as sell signals for the main system started to populate and was able to double dip by hopping in on the rebound short as well with final 2 runners closing out on the short at NY open. Calling it early again and good luck to everyone still trading.
MYM1! morning 8:00am-8:15am ORB
The levels for tomorrows session on YM1! look very interesting considering the extreme positioning. Just like the Russel, this is also positioning for a massive move( ~403 points +or -40). Additionally how long price builds out at the Early Excess Probe level will determine whether we end up in a slow grind or volatility at open followed by a rapid move once enough participants are trapped.
YM1! is setting up for a nice mean reversion short to the 14 ema on the 5 minute and buildout looks clean for around a 120 point move to the downside once the flow tightens up near Wednesday highs and we flatten out on lower timeframes.
MYM1! AMAZING ORB today bearish trend so I assumed a selling opening I got in on shorts at the ORL BOS downside and secured my 1.2R:R before any reversal 0 drawdown <3