Trading Day Recap - Friday, 6/20/25

Lately there has been a lot of action in the Asian session with late breaking news of the Israel-Iran-Trump entanglement and last evening was no different.

I saw a headline which said “Trump to decide in two weeks” if to bomb Iran or not. Immediately I checked the market and Globex had opened up in the green and was climbing. I waited for a bit and when the ES dipped into the 50EMA I went long the NQ and walked away to check the trade in the morning.

The reason I took this trade - two things lined up: there was a catalyst for the market to rally - Trump signaling that he would be open to negotiations with Iran before he joined the fight against them and my Edge, the cusp trade, forming. When these two things line up, the trader must take the trade knowing this is a high probability signal for your trade to work. And when I checked the market in the morning my profit target had been hit for R3 or 150 points.

I also took another trade in one of my smaller accounts after the market opened thinking maybe we would continue to rally but I was stopped out for a very small loss.

Those are basically the two things I look for before I enter the market. A catalyst for market movement and my Edge, when these two things line up, I take the trade. Simple as that. Most of my trades that go against me are when I take a trade when one of the things are not present and more and more I need to become even more patient and disciplined to only take the A+ trades only.

I hope you have been trading well.