Stuck to the plan. Patience pays.
200 point run above Thu Lunch highs (27358.75) $NQ
The entry was a bullish OB, and the gradients you see are the 7-9 dealing range quadrants.
-1 STDv pre-market OR sitting above 27358.75 BSL as the draw on liquidity.
NFP delivery at 8:30 was lackluster today. When you see this and pre-market is consolidated ahead of the NY AM Session, expect the delivery you would normally expect w/ NFP to come after the bell at 9:30.
Non-Farm Payroll number later today. Will be a mover.
The plan is to let the open play out and look for something post-10 AM. Be safe!
Lee B Trading retweeted
馃嚨馃嚲 Paraguay鈥檚 Ueno Bank has been shut down after regulators discovered its capital had fallen below half the legal minimum.
Nearly 3 million customers affected.
Hundreds of millions in public funds, including pension money, exposed.
Now watch how the losses are distributed.
They can socialise the losses through deposit insurance, a taxpayer-funded bailout, or a bail-in imposed on creditors and uninsured depositors.
Then transfer the viable assets and customer deposits to a larger bank.
The losses can be absorbed by depositors, creditors, insurance funds or taxpayers.
The surviving Financial Industrial Complex (FIC) players can acquire the assets and customers.
Socialise the losses.
Privatise the gains.
Consolidate the banking system.
Wash.
Rinse.
Repeat.
Remember.
When you deposit money in a bank, you generally become an unsecured creditor of that bank.
You have effectively lent the bank your money.
The bank becomes the legal owner of those funds.
In return, you hold an IOU, a legal claim against the bank, protected only to the extent applicable deposit guarantees and recovery rights allow.
Your bank balance is the bank鈥檚 liability.
Not your money sitting in a vault.
馃嚨馃嚲 Chaos on the streets as Paraguay鈥檚 largest digital bank collapses
Nearly 3 million customers affected as the country faces a major political and financial crisis.
Paraguay鈥檚 Central Bank (BCP) seized Ueno Bank, the country's largest digital lender, after its solvency ratio collapsed to less than half the legal limit.
Central Bank President Carlos Carvallo resigned at the request of President Santiago Pe帽a. Carvallo previously chaired the finance company that evolved into Ueno Bank, drawing heavy criticism over regulatory blind spots and conflicts of interest.
The Specialized Unit for Economic Crimes and Anti-Corruption ordered the detention of eight high-level executives and figures tied to the bank, including founder and majority shareholder Miguel V谩zquez and Ueno Bank President Juan Manuel Gustale.
The intervention completely froze Ueno Bank鈥檚 digital app, credit cards, and transfer capabilities. This has locked out roughly 3 million users, an estimated 60% of Paraguay's adult population, leaving many with no immediate way to access their money.
The state health and pension fund (IPS) has an estimated $380 million in public retirement funds invested in Ueno Bank.
Angry citizens, savers, and pensioners flooded the streets of the capital and gathered outside closed branches, demanding their cash and chanting for political accountability.
London Session $NQ
Looking for around 100 points here w/ a run up to +2 to +2.5 MNO Range.
3:08 AM 1st PFVG (Suspension Block) paired w/ the OB was the entry.
This was also the Unicorn Model I teach...
I'll take this base hit today for the morning sesh...
100 point scalp and done 馃憤
The 1m inefficiency that you see in green could have been the Silver Bullet today though $NQ
Thoughts on that being the $NQ capitulation?
I have been anticipating the 27479.75 level honestly.
We shall see...
My second trade today taken during pre-market expecting higher. +100 more points so far...
Let's see what JOLTS does here in a second. 馃殌
London Session $NQ -- 5m Unicorn Model 馃
100 point partial
Runners are running...
Taking a 120 point partial for the morning sesh!
I had $NQ's number today... my last trade here
We'll see how many more points I can squeeze out w/ the runner 馃憤
馃敼AM Session Opening Range
馃敼30s 1st Presented FVG
馃敼9:50 macro
Happy Monday! This will be a big week. Stay frosty.
Started off right in Asia though today with a solid base hit short here.
My target was -2 to -2.5 MNO Range. I napped through my TV alert, but got the exit off for ~50 points. I'll take it.
NY AM Session Opening Range and 1st PFVG on $NQ -- Hopped back in the continuation from London.
I didn't get a chance to add, but another 115 points on top of the other trades.
Done for the week! 馃憤
London Session Opening Range on $NQ -- I scalped a little under 100 points here w/ 1 contract just to be involved.
I'm out at -1 STDv, but expectations are that we see a little lower. Possibly done, but will see how the AM Session looks.
London Session Opening Range on $NQ -- I scalped a little under 100 points here w/ 1 contract just to be involved.
I'm out at -1 STDv, but expectations are that we see a little lower. Possibly done, but will see how the AM Session looks.