Seems Trump and Xi did come to a ceasefire (how long it lasts before Trump tweets something new is another question). Planning to stay long through July regardless with exception of FOMC.
Up solidly today, now the question of whether to take profit or let it run. Leaning towards leaving algos on and just downsize my equity accounts a bit once market opens.
Let the longs ride through the Asian and Euro sessions? That is my take. But the US RTH should like it too. Tough calls, but my reckoning is up through the week.
Buy NAS100USD x 4 @ 7751 stop 7739 Manually added a little bit of NQ, it retraced heavily. 90 min before Chinese open is like most negative time of night. Edit: Quit now at breakeven, went somewhere then nowhere.
So, this is one of those days where everything is moving in my favor and I know my fortunes will eventually reverse and bit me in the ass.
Yeah have been anticipating a good July (like, what else market gonna do until rate decision in July with weakening data?) but also wary of Trump tweets causing havoc whenever now that hopes are getting cashed in. As for nomenclature, what is RTH? Edit: Nm regular trading hours, just a bit unsharp after sitting through night.
Gdamnit, overslept opening and chance to reduce size at good prices. Down $400 on CFD since before open peak.
Buy NAS100USD x 4 @ 7751 stop 7736 Repeat manual position of yesterday (kinda), might I have better luck this time now that balloon let some air out.
Dumb beta algo was generally buying tops and selling bottoms while adjusting to volatility yesterday so I'm still about 400 under MFE. Sharpe 4 algo isn't real, yet another bug fixed in platform that the algo was picking up on (and a few initial trades match new backtest), so going to discard that project for now.
NQ stopped for $21 loss (moved up stop 7 in morning from 60 to 20$ risk). Didn't think Euro session would be down or I would have settled for the 70$ profit after Asian session.