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As i need some stability and we have good vola, i change to ES for a while
NQ has much higher risk as it has a) larger contract value and b) higher volatility
A-period moved lower and then failed. I bought it for a covering with target rth l. Exited a little earlier
Was not so interested in a second long as we are in bearish environment and these long moves are only coverings but everything looked very good at vwap so i took it for a few points
Did not participate late in the covering move
After lunchtime i had two minor scalps. The location was not appropriate for more
Can be random but interesting to see
low of day is composite val of an old 8 week balance area
We held in the upper third of the previous day and made higher lows. I positioned for a bigger covering. They started as if they would do it but failed
I did not "belive" the selling. I thought: When sellers get in control in this environment, this should look different
Then they made a 1% move down. I positioned for a second move down at good time of day and location. Also did not work