Hello traders, We had excellent short setup against 3952 going into night session that produced 80 points after 4 am. We stayed short after 8:30 econ that gave good enough points, in RTH we stayed short against 3902 that gave enough opportunities to collect points. Then we stayed long against 3912 in last hour that kept us paying.
Econ Tomorrow:
08:30 EST Jobless, Housing starts , Philly mfg.
I suggest to not trade night session from 10 pm to 2 am chop. If action has to happen than it will happen before 10 pm or after 2 am EST. You can generally play short on top level provided for nightly range and long on lower level of nightly range after 2 am or 3 am. But get out of the way if it rips or drops thru levels and wait for new opportunity or flip. And of course never add to loser and better yet cut it and reset.
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