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#1 RadioHead

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Posted 02 July 2021 - 02:55 AM

I'm getting ready for the easiest trade. It is 4:40 EST and NAS futures are up. 14580. The gap up is given. Why? There are 3 scenarios:

 

1. Report is disappointing -- The street interprets that as No Inflation, which means good news for indexes.

2. Report is as expected -- The street interprets that as "not too hot, not too cold" goldilocks, which means good news for indexes.

3. Report is higher than expected -- The street interprets that as "The economy is great" , which means good news for indexes.

 

The beauty of this trade is I need no stops and no worries. Argue your case gentlemen. Can you?

 

Long NQ futures at 14580.

 

 



#2 12SPX

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Posted 02 July 2021 - 07:27 AM

Interesting point, does seem impossible to miss these days.  I'm curious how long have you been trading?



#3 12SPX

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Posted 02 July 2021 - 07:36 AM

Got your pop lol! Are you taking profits?



#4 RadioHead

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Posted 02 July 2021 - 11:53 AM

Sold it at 14,679 for 99 point profit.



#5 12SPX

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Posted 02 July 2021 - 12:03 PM

Nice trade!!  At first I was worried we were going to go red there at the start of the day!!