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Caught a 66 point short at the open with small size on stream today #fundedtrader #nq — Transcript

by Christopher Creamer | Orderflow Trader · 214 words · 28 segments · language en · Watch on YouTube

Full transcript

  1. 0:00If we keep trying to push up right now
  2. 0:01to take all time highs and we just you
  3. 0:03know actually end up failing [music]
  4. 0:05and creating a very large wick here cuz
  5. 0:07we still have a lot of time left in this
  6. 0:09candle. Maybe a pretty good opportunity
  7. 0:11to actually try and short it. I'm going
  8. 0:12to go three micros short right here.
  9. 0:22All right, I'm going to get out of that.
  10. 0:24So the reason for that trade is we did
  11. 0:25push up immediately off the open. We did
  12. 0:27take all time highs and we actually
  13. 0:29begin to stall in this area right before
  14. 0:31we ended up flipping bearish. So we're
  15. 0:33watching buyers struggle to actually
  16. 0:35push price higher and the moment we
  17. 0:36flipped bearish it was basically a sign
  18. 0:38for me once we saw selling pressure step
  19. 0:40in take a short. Now I did get out at
  20. 0:42London lows once I saw this trade come
  21. 0:44in and we immediately rejected it and
  22. 0:46eventually we did continue but we were
  23. 0:48able to capture 60 points on this trade.
  24. 0:51So that's enough for this account. I'm
  25. 0:52just using small size to try and build
  26. 0:54the balance. The other funded accounts
  27. 0:55had a $4,400 balance so we're going to
  28. 0:57probably pull a payout on that tomorrow.

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