Thoughts for Wednesday 4/26
Tech Earnings and FRC weighs in
Hello traders, Great night and RTH session today with multiple points. Overall trend down day and we stayed short against 4154, 40, 30 and then 04, extracting multiple points.
Econ Tomorrow:
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Night session Trading Suggestions:
I suggest to not trade night session from 10 pm to 2 am chop. If action has to happen than it will happen before 10 pm or after 2 am EST. You can generally play short on top level provided for nightly range and long on lower level of nightly range after 2 am or 3 am. But get out of the way if it rips or drops thru levels and wait for new opportunity or flip. And of course never add to loser and better yet cut it and reset.