Asia - No Trades
NY
10K Kings Tournament Account
Entered small pilot positions in NAS & US30 ahead of 10am Data Release
Price Stop Hunted into the HOD/HOW clearing all open positions
10K Kings Tournament Account (+17.3%) & 200k Royal Phase 1 (+10.6%)
NAS100 gave us Day 3 Longs on Thursday closing at the HOW/ HOM.
10am Data Release sent price higher setting up our Pump n' Dump scenario.
My plan was to enter as close to 75 as possible if price failed to make it to or break 00.
Longs trapped above 75 and as price pulled back towards the range I entered at 65 & 55 on both accounts with 25 pt SL above the high.
My Target was Last Weeks High 200pts Red Line).
My expectation was that price would not return to this level once it broke back down inside.
The next M15 candle engulfed all price action above the open price.
Price fell 175 pts over the next 45 mins before retracing 50 pts at which I added on both accounts risking running profits.
After another 45 mins price fell to target where I exited completing both the King's Tournament & the 200k Royal Phase 1.
US30 had not been observing the Day Count but still delivered clean price action.
Retested the HOW & formed Peak formation High above Thursdays Range before pulling back inside during London Session.
Price formed a new LOD. Fibs Pulled across today's price action, we retraced to 38 and failed.
Price stop hunted back into the level on the 10am Data Release where I entered aggressively targeting -27 (Last Weeks Low)
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