|Trade Room Summary|
- This week we took 3 trades in the trade room, making us over $3,000 on the week. The markets have been fairly slow over the past few weeks, but we were still able to make a very nice profit. The trades we took this week can be seen below:
- Our first trade came on crude oil this week, selling the highs of the price wedge back down to its market profile areas. This trade made a modest profit of $850, trading with 4 contracts.
- Our second trade came on the Russell this week, selling a market profile rejection. Unfortunately price moved down to our first target and came all the way back down to stop us out at break-even. It was a good looking trade, but we weren't able to get the push lower that we were looking for.
- Our third and final trade this week came on the Russell and it was a huge winner for a total of $2,200. This trade was basically a re-entry from our second trade selling the market profile levels back down to new lows.