Following Our Trade Plan Amidst China News
In tonight’s video, we discuss how we followed our trade plan rules to help us buy the dip in the Russell and Copper futures markets.
After news hit the markets that a potential China trade deal would not happen by the end of the year, the markets began to fall, and we were opportunistically waiting.
RTY fell perfectly into our Volatility Box, helping us profit +14.5 points over two contracts.
HG also gave us a nice confirmation signal, letting us know the reversal was safe to participate in, leading to a move of +$267.50 over our two contracts.
We also updated the MTF DMI indicator, and fixed some user-reported bugs.