How did I make $600 trading in just a few minutes?
It wasn't luck.
It was preparation, macro and execution.
Throughout the week, I was watching the incoming data, the Fed's messaging at Jackson Hole, and, most importantlym how the bond market was moving.
All of that built my thesis.
Before the Non-Farm Employment Change data was released, I expected the number to come in significantly above expectations, so I positioned myself accordingly and shared my thesis beforehand.
Was the trade high...
42 touches. That is how many times price has traded into 67.05 on the 15m chart, and DASH is sitting on it right now.
The move is real. +22.61% in 24 hours, the 9/21/50 EMA stack turned up on both the 4h and the 1d, and daily volume ran 4.44x its 20-day average. Buyers did show up.
67.05 is where $DASH is decided - 42 measured touches, with the nearest overhead shelf at 68.72 on 39. Lose it and 65.50, 15 touches, is the next measured floor.
Now the uncomfortable part. The 4h RSI is 85.67 and ...