Today both NADEX EOD trades were positive for us. I made a strategic shift to watching the first hour before entering. We are getting a lot of trend and trend reversal trades vs the expected range bound trades.
I look at the first hour for my range and note if the Overnight range was taken out to guide my entries.
We exited the XIV long trade with a $.60 trailing stop profit. We entered IWM short at 117.63, with a $.63 trailing. Current stop is 117.76.
Thursday before OPEX is traditionally bearish, and we are sitting on the neckline of a Head and Shoulder top. We fail, down to 2025-30 area, Pattern fails, then right back up we go.
Good night.
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