Since I am in-between engineering jobs I have been looking at the pre-market activity more closely. For me that is from 5pm WAST to 10:30pm when the cash market opens.
I have attached a snapshot of the trade I took at around 19:45 local time. Below it is the support resistance on the 610T that I laid out prior to the trade. This was based on previous late day resistance and overnight support at 1101.5.
I was looking to go short at around the 1107.5 resistance level. However, price and stochastic was showing divergence at the 1106.5 level and I scaled in 2 contracts: 1st at 1105.5 and the 2nd at 1106. I then scaled out at 0.75 and 2 points respectively.
Given it was my first trading night of the week I decided not to trade the cash session and keep the account ticking over.
