For today trading New York session on the E-mini Nasdaq we have Jobless claims, at 8:30, Existing Home sales at 10 am. I like to check the daily news to be aware of the price action at those times.

In my 1 minute chart. The near predictive time signal is at 8:42 am. My Warp signals are using the secondary time value, where I put my 3 minute chart signals “over” the 1 minute chart of the same instrument. In that way I have more space between the signals.

I open my first trade at 8:42 when the candle closes, and with that big candle I move my stop loss at point of break even.

By price action I decide to move the stop loss at the tail of the candle in the mini pullback.

And I get stopped out.

I tried a second entry when I identify a pattern 4 in the 8:48 time stamp signal, I drew a countertrend line, and wait a candle that closes above it. The price came back again and stop me out.

The last Entry was at 9:09. I applied the same line I drew in the entry #2 and wait for a strong candle that closes over the line, and at last, this trade pays the day. I hold the position until 9:30 and close the trade manually.

For today 28.75 ticks in the E-mini Nasdaq ($575 usd)

Juan Fernando Vega

Mechanical Engineer

Bogota-Colombia

Spanish - Support