Jun 29th News for the day: GDP Price Index and Growth Rate QoQ, Jobless Claims, Fed Bostic Speech (2:00 PM CST)
Todays (June 29th) Scenarios and Key levels: 6/29 session: VAH 4420, POC 4411, VAL 4406 • F period excess
• poor/unsecured lows
• NTPOC: 4412.50
• settlement and the last price at 4417.50 and 4422.75, respectively
• 61.8%: 4418, 50%: 4415, 38.2%: 4411
• Equity Put/Call Ratio: 0.59
• AAII Sentiment: Bulls 42.
Jun 28th News for the day: Fed Chair Powell Testimony (8:30 AM CST), ECB President Lagarde Speech (8:30 AM CST and 10:00 AM CST)
Todays (June 26th) Scenarios and Key levels: 6/28 session: VAH 4425, POC 4419, VAL 4387
• single prints: 4411.50, 4400, 4396, and 4393.25 - 4391
• poor/unsecured high
• settlement and the last price at 4418.75 and 4414.75, respectively
• 61.8%: 4405, 50%: 4400, 38.2%: 4394
In depth breakdown of the Trading week ahead. Key levels and what to look out for on the RTH open on June 26th with possible trade Scenarios
Jun 26th - Jun 30th News for the week: ECB President Lagarde Speech (Mon and Tues), Durable Good, Fed Chair Powell Speech (Wed and Thurs), GDP Price Index and Growth Rate QoQ, EU Inflation Rate and Unemployment Rate, Personal Income/Spending MoM, Core PCE MoM, Month-end
Todays (June 26th) Scenarios and Key levels: Near-term Areas/ranges I’m interested in next week for the reopening in addition to the 6/23 session values, possibly some overlap: • 4380 (LVA), 4390 (HVN), 4400
Thats a brief introduction from a successful full time daytrader from our discord. He shared his thoughts on daytrading for a living and what helped him out the most to become consistently profitable
Scalpinskys key points to success if you want to daytrade for a living. Debriefing video sessions : I won’t dwell on this point because it’s pretty basic, but the most important thing about reviewing video sessions is that it’s the best training you could ever buy. Reviewing our decision-making in a calm state gives us the opportunity to understand ourselves, how we interact with the market, and identify flaws in our trading.
Jun 23rd - Feds Bostic (7 AM CST) and Mester Speeches, ECB Panetta Speech, S&P Manufacturing/Services/Composite PMIs Recap from June 22th and key levels for today: Scenario 1 played out perfectly yesterday and right into scenario 2 for a fade which also worked out perfect, with scenario 3 being invalid as the price was never traded to that area.
6/22 session: VAH: 4421, POC 4410, VAL 4404 • A period excess