Hello traders, We had excellent short trades in globex. We took short against 3960 after 3 am in globex that paid pretty quickly.
I advised to my followers before RTH open either to size small or not trade at all as price action was completely random going every where.
Overall RTH was very jumpy but we were able to capture some points but has to stay out of the market most of the time due to high volatility. Afternoon we stayed long against 3916 which kept us paying 6 to 10 points multiple times. We already have setup in place to short below 3912 which we took opportunity when it stayed below 3912 at close.
Econ Tomorrow:
08:30 EST CPI
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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