Skip to main content

DOW Composite [Test](COMP)
INDEX/DJ

Today's Change
Delayed Last Update

The intraday trader

TradeGuidance - Mon May 6, 9:36AM CDT

We run an active screenshare for our subscribers customarily showing a Quad screen layout with the 4 index futures instruments comprising the S&P, Nasdaq, Russell & Dow futures. Ahead of the open we cover all commodities in depth from the three sets of playbooks that we put out daily. The walkthrough lasts about ½ hour and during that timeframe we cover any news events that are affecting those instruments. This morning, we focused on the fact that the economic calendar was lighter for the week comprising of data points that were not expected to buoy the markets much while being sprinkled with regional Fed Governor speeches.  

Below is an example of the Nasdaq futures and we try and keep the charts using Regular Trading Session Hours after the initial 15 mins. (NQM24) 

We wanted to show you trades taken by one of our subscribers who prefers trading faster moving markets like the Nasdaq futures. The trades are customarily 3-5 lot trades and they tend to be taken off the Fib retracements shown and actively updated during the day in the Screenshare and taken off at will when profitable but always with measurable stops. Trading usually commences minimally 5 minutes after the open allowing for the reactionary trades to settle. Here is the same trades shared with us by this subscriber. If you like this method of guidance, come take a 1-month no-obligations subscription with us. It will more than likely help improve your outlook toward short term market participation while improving your overall trading results:

Trade executions ($NDXT) 

Trade executions on Nasdaq futures taken off screenshare and active measurements - gains $5,070 before fees and commissions

On the date of publication, Murali Sarma did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

More from The Globe

opinion
Here’s what really drives your returns