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.
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/tsÂ
- Bootcamp tickets — Early bird pricing still live, ending soon! https://www.asfx.biz/bootcampÂ
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
LAST CALL - End of August means end of all 3 of these promos!!Â
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/
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
