I need to at least identify some levels in the morning even after market open if I don't have time to write a market plan.
My execution:
indices futures went up after Europe open with news of Greek government blinked. They issued a statement of willing to negotiate with creditors again. ES hit 2077 of HVN. US indices traded a small range. ES was about 15 point wide and closed above yesterday's high. Now all eyes are on the US job report tomorrow morning and the last regular trading day before the July 4th long weekend. The job report could volatile again. I am out of anything above 2010 for my scalp of the week. I should be safe with 60 point distance and 1 day left. I may skip the scalp 100 trade for next week since the Greek vote is on Sunday and I will be on vacation mid of next week.
Grains had a wild day. Wheat came down to retest yesterday's low only pulled back before close. It was down near 6% at one point. I reversed my July 610 to Sept puts and Aug 680 call. There more work to do on the call side.
No comments:
Post a Comment