Paper trading NQ, playing the local range for a sweep of the highs after seeing heavy shorting at the range lows. In theory the lower highs have resting liquidity, business finished to the downside, time to clean up the highs. Stop to breakeven now.
This mini range POC is a good place to take profit, then the VAH, then the liquidity above the highs. As I have 1 mini contract running (equivalent to 10 micros) and this is my paper account i'll just let it play out.
Nice to be back after 6 months, heavy shorts below tokyo low, into yesterdays "Demand zone" = recipe for a short squeeze. Reclaim the anchored vwap and tokyos low for entry. Closed at first resistance - VWAP and 5 min supply as price is in a local downtrend.
Following Sundays analysis - Tokyo creates a strong drive overnight - Allow London to open and hunt stops, taking its low twice as it trades down to weekly vwap - Enter long with strength on the 5 min time frame - trade through the highs to previous week value area low
Tokyo traded overnight into my predefined support zone - 8am hourly opened and swept the low for a finished auction to the downside - London expands through and i take a small chunk on the push through vwap