TRADING BLOG EP. 74 - I'M BACK
After a bit of a break from trading the S&P 500, I am back. I took a beautiful buy position today which quickly moved to my first target. This was a textbook trade, an da nice way to be welcomed back to the ES futures. There was a lot of great analysis that went into taking this trade.
This week so far had been rotational, so I was looking to follow the balanced condition & trade from the lower extremes of the Weekly VWAP & take the market back to the VWAP itself. These lower extremes lined up with 3 key levels – RTH VAL, Daily VAL, and my custom session VAL. When I got the orderflow confirmation, it was a no brainer to get long.
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