NQ Session Review Wed Mar 19, 2025
One great swing.
As stated in the Morning Prep, I did not expect to do much on FOMC day. However, when the market gave a bounce opportunity into 2-day-VWAP, recapturing the 2nd lower VWAP band, I took a shot.
1. Trade: Long NQ@19,718 (9:44 ET) - stop out@19,862 for 144 (10:24 ET).
A great trade and with that I decided to take the rest of the day off. I missed out on another nice swing around 11:00 ET though. So the pre-FOMC-session was surprisingly tradeable this time. Forget expectations, just trade what is in front of you.
Session result = 144
NQ Morning Prep Feb 07, 2025
NQ pretty flat in overnight trading, hanging around yesterday’s RTH close at 21,871.75. Will be interesting to see if we can get a push above last weeks highs around 21,950. If we get rejected, this could represent another lower high after a volatile week that went essentially nowhere after four days of trading.