mYM
1 more trade for the day and Done.
Long for a small win into the Overnight VWAP
Against the over all bias but the market was so overextended it needed a pullback.
mYM
1 more trade for the day and Done.
Long for a small win into the Overnight VWAP
Against the over all bias but the market was so overextended it needed a pullback.
https://www.youtube.com/watch?v=zlftT3MHf7A
In this video, I break down my $11,300 red day and the critical mistake that cost me thousands. After 29 days of strong trading, I got caught fighting the New York VWAP on a second NQ trade—and here's exactly what I should have done instead.
London Trades:
1 Loss & 1 win
Could clearly avoid the first trade, but jump in mid-candle and end up closing bellow vwap. Plus i had a tight SL, what really did not helped me.
Flipped my bias to catch some points on the next leg lower.
Really slow markets today. We're back from a bank holiday with no news today... Took one short YM at the end of my session for 0.5R
📊 ASFX MORNING BRIEF — Tuesday, Sept 8, 2026
FUTURES (pre-market)
Dow: -389 (-0.73%) → 53,051
S&P 500: -19.25 (-0.25%) → 7,702
Nasdaq: +21.25 (+0.07%) → 29,586
WHAT'S DRIVING IT
- Oil spiking — Brent ~$98-99, WTI ~$94, after Saudi energy facility ops halted following Houthi attacks. 3rd straight day of gains.
- Yields elevated — 10-yr at 4.80%, 30-yr at 5.27%. Friday's jobs report (+162K, ~3x expected) muddied the Fed rate-cut outlook.
- Pharma weak — Novartis -12% on failed drug studies, dragging AMGN/LLY/IONS/DYN/SRPT.
- U.S.-Canada trade tension also weighing on sentiment.
ECON CALENDAR (ET)
6:00 AM — NFIB Small Business Optimism: 98.7 (miss vs 99.3 est.)
12:15 PM — ADP Employment Change (weekly)
1:00 PM — Treasury 3-yr note auction
3:00 PM — Consumer Inflation Expectations
3:30-5:00 PM — Bill/note auctions
7:00 PM — Consumer Credit Change
EARNINGS
Before open: ABM, CAN, UNFI, WDH
After close: GME, CASY, BRZE
THE READ
Quiet data day until the afternoon auctions — oil/geopolitics is the live wire. Watch for headline-driven vol spikes rather than a clean data-driven session.
🔥 ASFX PROMOS 🔥
- Top One Futures — 50% off code ASFX - https://www.asfx.biz/tof
- TradeSyncer — Free trial + 30% off, code ASFX - https://www.asfx.biz/ts
- Bootcamp tickets — Early bird pricing still live, ending soon! https://www.asfx.biz/bootcamp
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