Happy 2021 - Inteligex
Happy New Year - our first loss for 6 weeks but still a nice profit.
A really ugly day on the markets. USA opened after a super strong performance in Europe and then simply started selling off for the bulk of our live trading session.
The session went OK - with a 25 point NQ profit making us $500 in the first 30 minutes as per the video above. But that wasn't the end of the day. We had an open trade at the end of the session and of course the opportunity to trade later in the day.
But this was quickly followed after the end of the session with a net 54 point loss on the YM. It was a trade that was taken too early. Very clearly too early - all the 5 minute trend lines were on red and we got too smart.. It was ahead for a while but it never got moving out and went through our stop. Net loss - $270.
So that left us only $230 up in the first hour. What happened next? Scroll sown and see .....
Well, we were incredibly patient. .Nearly 4 hours later we got an entry on the YM for 2 contracts that netted us a rather nice 163 points in total. We couldn't sell the falling market - it was impossible to get an entry that met our rules and after the screw up of the early entry we didn't want to mess up again.
So we end the day .... +$500 , -$270 , +$815 leaving us +$1045 for the day.
36 trading days of consecutive profits.
108 winning trades, 1 losing trade.
Incidentally the profits were not the best bit for us. For that see the next block of text .... we're super happy.
The images below are what really gave us a buzz today. Two new high probability Inteligex traders (names redacted) and two lovely winning trades.
8.5 points n the Russell (RTY) = $425 and a really cheeky $160 on the NQ. Super trading.
Here they are in our trading room within a week, smashing it. Awesome work fellas. 2021 is going to be a big year. Why not join them on their journey? This could be your year as well.
