Interesting lesson on the Opening Range Plays. If both the ES and the NQ trigger at the same time but in opposite directions, take the one that is into the gap, which was the NQ and it worked. Outside of that, triple expiration. I’m back Monday from vacation.
Net ticks: +4 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered at A but that was at the exact time that the NQ triggered into the gap, so didn’t take it:
NQ Opening Range Play triggered at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: