MNQ Dec-19-2024 - usd$ 442 loss - US GDP - Stopped trading because high volatility
Resuming trading after a US FOMC high volatile market day. Overnight enabled, and the high volatility continued so i am sure this means big losses so i disabled the CTTool010 and waited until morning to see the market conditions to re enable it or not.
At 6:00EST the market was less volatile but as we had the US GDP data release i decided to wait until pass the US session open.
9.35 EST CTTool010 enabled.
A long counter trend grid set, closed in profit.
Then price made a strong down move and rotated the up side with more long grid set's but price moved down and now in loss.
The market continued making strong moves up and down so i waited one more grid set, if its closed in loss will stop trading for today.
And after some minutes a short grid set, this time in profit.
Price changed to the up side and CTTool010 triggered a long grid set closed in loss and thats it, here i decided to stop trading to avoid bigger loss as the market continued going up and donw in extended ranges.
Lets see how is the market tomorrow, i think the US possible shutdown or something else is making this high volatility in the market and for the CTTool010 this is not good.
All have a better trading day!
AG

