October 7th, 2026
Today, October 7th, started right at 7:00, and honestly, there was not much to do. The MNQ and MES were aligned, but they had already dropped around 300 points, and the downside momentum just was not really following through anymore. Price was still weak, but the MNQ was not giving me the kind of continuation I wanted to see, so there was no reason to force anything.
The only real trade of the day came around 8:40, and I did take it. It hit my target, but just barely. This was definitely one of those get in, get out kind of trades. There was no reason to stay around and try to turn it into something bigger than it was.
After that, the rest of the day was basically a no trade environment. Price spent most of its time in the middle of the VWAP structure, between the one standard deviation bands, and according to my rules, that means I stay out. That is exactly the kind of area where price can bounce around, reverse, and waste a lot of time without really going anywhere.
I also had a feeling early on that the market was probably going to reverse after such a large move lower, and that is pretty much what ended up happening. The important thing is that I did not try to predict every move or force trades just because I was sitting there watching the market.
So again, this was another small day, but it was another winning day. I am definitely not mad about that. I took the one trade that was there, stayed out when the market did not meet my conditions, and finished the day positive.
Sometimes that is really all you need to do.
Total Profit: $62.60
MNQ Chart

MES Chart

