Today’s Execution Session video is now live.
DXY surged after the news, sending metals, NAS and ES sharply lower. The key question was whether this was a trap or a continuation.
My preferred scenario was continuation, but the move was already deep. I waited for the traps and entries we discussed.
NAS gave multiple continuation traps. I entered at 10:05 and 10:35, targeting OD1x. It was slow and choppy, but finally reached the target just after the 11:00 rotation. 120 points, +3.5R across two positions.
In parallel, I shorted Silver after the opening trap and Open Box breakdown. Entries at 10:00 and 10:35, cut after the 11:00 rotation. 350 points, +2.5R across two positions.
Selling the lows feels uncomfortable. That makes the question useful: who is buying here, and who is paying for your trade?
The continuation played out today. Whether the whole move now becomes a trap and locks in a low remains open.
Watch the session on the channel.
