I assume that's MESZ2, and no wonder you had such a large swing earlier. Being on the wrong side of 6 minis during news volatility could do that pretty quickly lol. /edit: ESZ2
%% I DONT know of any broker that would let $50 k account turn into a 200K loss[say unrealized loss intraday]\ but i would NOT risk that/ nor even try to risk that, so i could be wrong. By the way, for sure/ some unrealized $200k losses could turn profit by eod close\ but many could go further than $200k loss \assume a broker would allow that\ which may NOT be true. YOU know you are good customer if your broker ends you a FDX letter margin call
First mouse set up for a liquidity grab. Much like a weekly chart, the initial move in the week is opposite the bulk of a candle's body and trend of the week. Depends where the previous HTF swings are placed and whether those levels are interesting to bigger players with deeper pockets.
I was way off and didn't realize futures margin requires such a low percentage of the contract value. Time to load up. https://www.interactivebrokers.com/...hm=us&ex=us&rgt=0&rsk=1&pm=0&rst=101004100808
The market jukes you like a boxer to make sure no muppets get onboard the move before it gets going. I'm speaking from experience.