Nasdaq pure stops run example

Instrument : E-mini Nasdaq futures

Date : 2021-02-19 11h10

A nice stop run example just happened on the Nasdaq e-mini futures to kill buyers from their positions. This down side move + rejection happened very fast.

Guess where the price should go next…

Update 14h00 (Paris time)

I hope you took advantage of the up move that followed the stop run like I did, but wait a minute…

The same stuff happened again, a second stop run low !

The story behind that is that on higher timeframe, we had a fast short move to the downside while the volatility was increasing. Now the market makers really want to go up to benefit from the sellers and collect their stops.

Be the first to comment

Leave a Reply

Your email address will not be published.