Contract: Euro Futures
Result: No Trade
Prior: 2.2%
Expected: 2.2%
Actual: 2.5%
I set my deviation to 0.5% weak and 1.0% strong. Didn’t hit so a no trade. This report caused the YM to move up slightly to the high of its consolidation range so I shorted with a limit order at the top of the consolidation range got filled at 12450. Took half off at 12445, then price moved up again and I took the other half off at 12455 for +5, -5 – a breakeven trade. There was a high chance that price would collapse down as we got to 70 points above yesterday’s close.
Euro
YM 130min consolidation
YM Trade
DAX
Posted by keymoo 