Does it get any better than this? The Euro Open Session 17 May 2022 was a master class in discipline and patience and that paid a great dividend!

 

The EURO Open session Tuesday 17 May was a delight to mod with up to 7 trades and 7 very good trades.

The trade of the day allowed for extended targets (190 Tics) with a starting risk of 40 (after the retrace) Check out the image below. Well done Markie B on another HUGE day!!!!

The lesson of the day was let the targets run if you have a larger chart trade setting up. Take this larger chart trade on the smaller charts to control your risk early and let your profits run!

Member comment of the day

The comment of the day goes to MarkieB.

16:12:28 From MarkieB to Everyone: +408 mnq sbr

This particular trade had 60 tics at risk ($300 USD) for a 450 Tic ($2250 USD) potential target. Risk could be reduced to zero after only 5 minutes in the trade the trade taking 70 minutes to get to the target zone.

To his credit, Markie used a trailing stop to exit the trade once the market stalled at a pivot as per the image below.

Well done Markie B! Many traders did well out of the Live Trading Room today so well done to all who took some good trades!

Screenshot of the day

trades 17 may 2022

4 Trades 4 Potential Wins – The NQ and MNQ moved very well today – 17 May 2022

Tuesday 17 May 2022 Member Chat Log

For the purpose of 100% complete transparency, both good and bad, here is the Member Posted Chat Log:


14:38:34 From Carlo MatteoP to Everyone:
Good afternoon, Lachy and traders. Have an amazing session today!

14:50:15 From MelA to Everyone:
Hey Lachy , IDTA members

14:55:03 From RonB to Everyone:
Greetings

14:55:25 From DavidR to Everyone:
Good evening Lachy

14:55:27 From DavidR to Everyone:
and all

14:56:09 From AndrewF to Everyone:
G’day Lachy, traders!

14:56:11 From RodJ to Everyone:
Evening All

14:56:25 From GregS to Everyone:
Hi Lachy Hi All

14:57:08 From AnnikaD to Everyone:
Hi all

14:57:47 From BrentT to Everyone:
hi all

14:58:15 From WadeS to Everyone:
Hi Lachy and Peeps

14:58:20 From Carlo MatteoP to Everyone:
Oh yeah

14:58:24 From BobR to Everyone:
Hi Lachy

15:01:01 From DarrenD to Everyone:
hi all

15:05:36 From SamJ to Everyone: +60 cc mnq


15:05:53 From Carlo MatteoP to Everyone:
+9 +11 FDAX Sim Long – Ref off YH

15:06:18 From MarkieB to Everyone:
wd sj cm

15:12:43 From DarrenD to Everyone:
+11+21 mnq

15:12:50 From DavidR to Everyone:
on fdxs

15:14:06 From DavidR to Everyone:
should I close out on fdxs?

15:17:22 From DarrenD to Everyone:
nq has broken the step?

15:17:58 From DavidR to Everyone: -36 FDXS


15:18:07 From KerryM to Everyone:
mes 15m cc rev +4 x 2

15:19:14 From GregS to Everyone: +4×38 es
15min cl rev

15:19:28 From DanW to Everyone:
WD Greg!

15:19:31 From MarkieB to Everyone:
wd gs

15:19:38 From AndrewF to Everyone:
+5 x 4 ES 15m CC rev long

15:19:53 From MarkieB to Everyone:
wd af

15:20:06 From AndrewF to Everyone:
Thx MB!

15:20:21 From DanW to Everyone: +40 x 1 nq
DCR 141 (37 contracts behind you Greg…. almost there)

15:20:47 From MarkieB to Everyone:
wd dw

15:21:23 From DanW to Everyone:
TY MB

15:21:55 From SamJ to Everyone:
WD DW

15:22:07 From DanW to Everyone:
Cheers SamJ

15:22:07 From KerryM to Everyone:
Nice Greg S

15:24:54 From DavidR to Everyone:
touched 4, didn’t pay

15:25:23 From DarrenD to Everyone:
I did on nq

15:25:24 From VincentR to Everyone:
SBR NQ

15:25:32 From VincentR to Everyone: +15 +31


15:25:33 From TraianC to Everyone:
I traded the NQ fecat for 20

15:25:37 From BruceG to Everyone:
I got the fecat Lachy – ES

15:25:42 From DanielD to Everyone:
es fecat bounced off 76 micro

15:26:08 From AndrewT to Everyone:
yes I took it 20+30×4😊

15:26:47 From DarrenD to Everyone:
12360 buy order

15:26:54 From MelA to Everyone:
lovely explanation on the NQ

15:27:00 From JohnW to Everyone:
the nq doesn’t have the tail es does.

15:27:27 From DarrenD to Everyone:
i just removed my by order lol

15:27:51 From AndrewT to Everyone:
im going to get dinner ready. i’ll see😊you later

15:33:00 From DarrenD to Everyone:
same with nq?

15:37:05 From DanielD to Everyone:
ext micro from dominant on es

15:37:28 From DanW to Everyone:
+20 nq Opening Candle DCR 141

15:38:32 From DavidR to Everyone: MES +3


15:38:46 From DarrenD to Everyone:
yew!

15:38:48 From AndrewF to Everyone:
+5 x 4 ES CC Eff Long

15:39:08 From AndrewO to Everyone:
+20 +40 mnq

15:39:25 From SamJ to Everyone: -25
opening can rev 141

15:39:34 From MatthewK to Everyone: +50 x2 long
on MNQ Sim

15:39:42 From PeterF to Everyone: NQ +60


15:39:50 From KenS to Everyone: +50 mnq


15:39:51 From VincentR to Everyone: NQ +31 +51


15:39:58 From JimmyP to Everyone: +70 mnq
15:40:01 From DanG to Everyone: NQ +50
15:40:02 From BrentT to Everyone:
cheers lachy +60

15:40:14 From DarrenD to Everyone:
still long!!

15:40:21 From RichardB to Everyone: +80 mnq
15:40:48 From DarrenD to Everyone: +11+21+30+96 mnq! YEAH
15:40:58 From Carlo MatteoP to Everyone: +7 +15 FDAX Sim Long
– Continuation

15:41:21 From DarrenD to Everyone:
im done. check out freds monday session last night amazing

15:42:10 From DarrenD to Hosts and panelists: +11+21+30+96 mnq


15:43:31 From DarrenD to Everyone:
good night all see you tomorrow

15:43:54 From RodJ to Everyone: 2*204 17:20 SBR MNQ


15:44:41 From JimmyP to Everyone:
yes

15:45:57 From RonB to Everyone:
Thanks Lachy 121 MNQ live I’m out

15:46:26 From DavidR to Everyone: MES +3 +4


15:46:50 From RonB to Everyone:
5 trades

15:47:02 From BrentT to Everyone:
Nice work Ron

15:47:51 From AndrewF to Everyone: +5 +1 ES
Eff Long

15:47:57 From PeterF to Everyone:
yep…. got a NQ +18 on the second one

15:48:04 From StevenM to Everyone:
YES

15:48:07 From RodJ to Everyone:
just 1 long trade

15:48:56 From JimmyP to Everyone: +90 mnq
15:49:07 From DanW to Everyone: +30 nq
DCR 141

15:51:36 From DanielD to Everyone:
and ES has the R1

15:51:48 From RichardB to Everyone:
im 80 up ill wait till after the hour close

15:51:54 From DanW to Everyone:
Insult Candle

15:51:59 From DavidR to Everyone: FDXS + 4
15:52:09 From PetrosM to Everyone: plus 5 fdax
15:53:48 From Carlo MatteoP to Everyone: 2x +5 FDAX Sim
Short – SBR – I killed the trade at +5 because of the time.

15:55:48 From PetrosM to Everyone: Plus 5 fdax
15:55:59 From WadeS to Everyone: +15 x 3 MNQ


15:56:07 From PetrosM to Everyone:
same entry 14123

15:56:20 From KevinT to Everyone: +20MNQ Sim
15:57:09 From JeanetteB to Everyone: +24 MNQ
15:59:09 From SamJ to Everyone: +17 sbr mnq


15:59:12 From AhmedA to Everyone:
do we have swing long nq ?

15:59:38 From RichardF to Everyone:
ATM my FDAX target is 14094

16:01:52 From GregS to Everyone: +4×38 es


16:02:10 From MarkieB to Everyone:
magic gs

16:02:43 From DavidR to Everyone:
Greg, wow

16:02:54 From MelA to Everyone:
climactic reversal?

16:02:56 From MelA to Everyone:
on nq

16:02:59 From AndrewF to Everyone:
Thx Lachy! Had my fill on ES. Night all!

16:03:15 From MelA to Everyone:
coming up possibly

16:03:39 From MatthewK to Everyone:
Thanks Lachy, it was a pleasure to join in on your session.

16:04:09 From PetrosM to Everyone:
Thanks Lachy 4x plus 5 fdax

16:04:35 From PetrosM to Everyone:
good night

16:06:09 From AndrewT to Everyone:
if you do a fred fib on the 15 min then it is hitting the133

16:06:19 From AndrewT to Everyone:
NQ

16:07:03 From Carlo MatteoP to Everyone:
I missed the FECAT on FDAX

16:08:25 From AhmedA to Everyone:
now we are 4HR move SBL

16:08:26 From MelA to Everyone:
ES may go climactic too, maybe a reversal under your motorbike, next candle

16:08:45 From DavidR to Everyone:
NQ at R1, FDAX almost at R2

16:08:49 From DanielD to Everyone:
my rules tent to work better on market reply than here.

16:12:28 From MarkieB to Everyone: +408 mnq
sbr 17.20 324.00

16:12:45 From RodJ to Everyone:
Great trading MB

16:12:46 From JohnM to Everyone:
wd mb

16:12:54 From DanW to Everyone:
WD MB

16:12:59 From JeanetteB to Everyone:
OMG Markie, well done

16:13:03 From MelA to Everyone:
is there a 50% of the dom candle at 12424?

16:13:16 From WadeS to Everyone:
Nice Mark!

16:13:27 From Carlo MatteoP to Everyone:
Mark, wow…

16:13:34 From MarkieB to Everyone:
ty

16:13:38 From GarethW to Everyone:
Holy doooly

16:13:40 From MelA to Everyone:
WD MarkieB (legend)

16:13:53 From GrantH to Everyone:
on 10 contracts

16:13:55 From AndrewT to Everyone:
MB WOW🤩

16:13:59 From JohnM to Everyone: +10=20 cl
eff

16:15:17 From MarkieB to Everyone:
wd jm

16:15:55 From DavidR to Everyone:
nq got to the 90% retrace

16:17:03 From RodJ to Everyone:
Thanks lachy far exceeded targets day done

16:18:49 From DanG to Everyone:
The rules saved me

16:19:01 From SamJ to Everyone:
Wd MB

16:19:41 From AllanS to Everyone:
es nq failing at 100 xtn laszt abc up

16:21:13 From MatthewL to Everyone: +9 mnq
eff atm

16:30:13 From DavidR to Everyone:
Lachy, I appreciate hindsight is 20/20, but could you speak to the failed trade short (the black arrow at the beginning on FDAX) and maybe some potential rules that might help out in the future? If there aren’t any, thanks for everything anyway. :)

16:33:31 From WadeS to Everyone:
Thanks Lachy

16:33:33 From AndrewH to Everyone: +11 +15 +35 nq
off daily 90

16:33:43 From KevinT to Everyone:
Thanks Lachy

16:33:47 From AllanS to Everyone:
thks lachy

16:33:49 From DavidR to Everyone:
see ya

16:33:54 From JohnM to Everyone:
Thanks Lachy

16:33:55 From KarleneD to Everyone:
thanks Lachy!

16:33:55 From SamJ to Everyone:
Thanks

16:33:56 From AhmedA to Everyone:
see soon

16:34:01 From SimonC to Everyone:
TY