Wednesday we drove to our vacation spot in the south of France. I caught the news before bed and saw the market really dropped in Europe. I’m not too keen on volatile days so I didn’t feel like I missed anything.
The weather is beautiful and we have a great view from our balcony:
Today we hit the pool hard in the morning and now after lunch everyone is napping so I watched the ES open. I had 26.50 as a support level from yesterday and price came down to test it and I got long. This is a ‘fade’ trade so I entered with 1/2 but when I saw selling getting weak as it pushed down farther then I added the other half. I got out just before OSH for 8 pts. That’s some nice spending money for the trip and I’m ready to wake everyone up to get back to the pool.
Hope your trading is going well. As I write this, we’re inside yesterday’s range which was an inside bar. The move outside of this balance area could be a good one, but be ready for a false breakout (if so look to the other side).