Working the NY VWAP price to combat some of the decay
Clean structure underneath of higher lows but had to be very patient for the higher high
Working the NY VWAP price to combat some of the decay
Clean structure underneath of higher lows but had to be very patient for the higher high
TODAY'S EVENTS
8:30 AM ET: Initial Jobless Claims (consensus 205k vs. 203k prior)
8:30 AM ET: US Trade Balance July (expected -$71.2B)
10:00 AM ET: ISM Services PMI
12:30 PM ET: Fed Waller Speech
NFP TOMORROW = THE HEADLINE
Friday 8:30 AM: August Nonfarm Payrolls (CRITICAL)
Consensus: 58k | July was -23k (miss)
Unemployment: Expected 4.1% (hold)
Wage growth: 3.0% YoY (cooling)
Market impact: Low conviction moves today. Real action after Friday.
NVDA / TECH BACKDROP
NVDA reported Aug 26: $96.2B revenue (beat $92.3B), EPS $2.22 (beat $2.09)
Stock jumped 9%, now -1.07% premarket (profit-taking)
Guidance: 70% FY28 growth (vs. 45% Street consensus) | Memory cost headwind on gross margin
NQ's weak bounce reflects tech sector caution despite beat
MARKET TONE
Light volume, bid support from oil selloff + bond yields down
No conviction moves before NFP Friday
Double Break longs: Valid on VWAP + opening range breaks above support
Double Break shorts: Valid off 29,368 or Friday high if 29K fails
Position sizing: Reflects macro risk. This is NOT a conviction day.
QUICK SETUP
NQ holds 29K → 29,368 is resistance → Test Friday high 29,811
ES holds 7,680 → Eyes 7,750+
If support fails → No lower targets until after NFP
Oil ease supporting, but positioning is cautious
5 Wining Double Breaks in a row!
Check out all of last weeks setups, with different VWAP alignments and trend
In this breakdown, I explain why the pure double break signal is MORE reliable than layering value area location on top of it.
See real trade examples from Monday through Thursday showing how he missed easy wins by overanalyzing, but also how NOT getting cooked is more important than chasing every signal.
Plus: how options trading on Vanquish kept me profitable when futures got choppy.
Sometimes the best trade is none
When things aren't clear thats your biggest sign to wait
LAST CALL - End of August means end of all 3 of these promos!!
Save 55% at Top One Futures - code ASFX - https://www.asfx.biz/tof
VTC Indicator 50% off code ASFX50 - https://www.asfx.biz/indicator
Group Coaching Program - https://asfx.biz/bsc/
I passed some FundedElite accounts this week.
I break down how in this video.
Hi Everyone
For those Trading CFD's, Is FundedElite or FTMO the better option? I'm looking to try the 2 step eval with static drawdown.
little bit of london action keeping it light, getting scalpy need to hold longer
