News

All posts

Market notes, session journals, weekly reviews and everything in between — newest first.

Education Sep 9, 2026

Trading Around News Events on NQ: Flat, Fade or Follow

A scheduled release changes the market for a few minutes: the book thins, the spread widens, the first move runs stops and the second move is the one that matters. Three ways to trade around that, what each one costs, and what the prop firm rulebooks say about news.

Education Sep 9, 2026

Market Structure: Trend vs Range, Higher Highs, Lower Lows and Rotations

Every intraday method assumes a regime: reversals need a range, breakouts need a trend, and the same entry is right on one kind of day and wrong on the other. What higher highs, lower lows and rotations actually mean, how to read the day's structure early, and what to do when it changes.

Education Sep 8, 2026

Reading a Prop Firm Rulebook: 7 Clauses to Check Before Buying an Evaluation

The fee is the smallest number in the rulebook. Seven clauses decide the rest: how the drawdown moves and where it locks, whether a bad day pauses or ends you, who checks consistency and when, how big you may trade, when you must be flat, what the clock costs, and what a payout takes.

Education Sep 8, 2026

NQ Volatility: ATR, Average Daily Range and Why a Fixed Stop Can't Work

The same 30-point stop is a tenth of a calm day's range and a twentieth of a wild one's. What ATR and average daily range measure on NQ, a formula that turns the VXN into an expected range, where the range happens inside the session, and three ways traders size stops to it.

News Sep 6, 2026

NQ Week Ahead (Sep 7–11, 2026): CPI, the Fed Blackout and the September Roll

The Fed went quiet on Saturday and stays quiet through CPI. That leaves Thursday's PPI and Friday's CPI to price the September 16 decision alone, with the NQ contract roll landing in between. Where last week's map held, where it didn't, the levels I've marked and how the European session lines up.

Education Sep 6, 2026

NinjaTrader's MAE/MFE Export Is Wrong: The Bug and Three Workarounds

MAE and MFE are the two numbers that tell you whether your stops and targets are in the right place, and on live accounts NinjaTrader 8 has been getting them wrong since 2023. What the columns mean, how to spot the bug in your own export, and three ways to get clean numbers.

Education Sep 5, 2026

Timeframes and Bar Types Explained: Time, Tick, Range and Volume Bars

Every chart replaces the x-axis with something: the clock, the number of trades, the contracts traded or the distance price moved. That choice decides what you see and what disappears. The four bar types from zero, the same hour on all of them, and how to choose.

Education Sep 4, 2026

Consistency Rules: How a "Good" Day Can Block Your Payout

The rule that turns a finished evaluation into an unfinished one without a single losing trade: what "largest day ÷ total profit" means, the two formulas that tell you where you stand before the session, where Lucid, Apex and Topstep apply it, and four ways traders live with it.

Education Sep 4, 2026

NQ Contract Months and Rollover: The Quarterly Trap

Every three months the contract you're trading stops being the one everyone else is trading. The dates for the December 2026 roll, how NinjaTrader and Tradovate handle it differently, and why levels drawn on the old contract don't carry over 1:1.

Education Sep 3, 2026

How to Read a Price Chart: Candlesticks, Bars and Line Charts from Zero

The from-zero guide to reading a price chart: how a candlestick, an OHLC bar and a line chart draw the same four numbers, what a long wick or a small body means, why one candle can't tell you what happened inside it, and five named patterns described as what they are.

Education Sep 3, 2026

NinjaTrader 8 Chart Setup: Data Series, Bar Types and Workspaces

The from-zero guide to charts in NinjaTrader 8: what a minute, tick, range, volume or Renko bar actually measures, the four Data Series settings that change what you see, the chart properties worth touching, and how templates and workspaces keep you from rebuilding it all tomorrow.

Education Sep 3, 2026

Trailing Drawdown Explained: EOD vs Intraday vs Static

The profit target gets the attention; the drawdown ends the accounts. Three ways prop firms measure it (intraday, end-of-day, static), the same three trades run through each, where the floor locks, and what changes in how you trade under each rule.

Education Sep 2, 2026

NQ Trading Sessions Explained: Globex, European Hours and RTH

Globex opens Sunday evening and NQ trades almost around the clock, but the day splits into four windows with different volume, range and reasons to move. A session table in ET and CEST, what drives each window, and how to pick one for your schedule and your setup.

Education Sep 2, 2026

Stop Belongs to the Setup, Size Belongs to Capital

The most common sizing question bundles two decisions that have nothing to do with each other. Where the stop goes is a fact about the trade; how many contracts is a fact about the account. One division connects them — and running it backwards is how evaluations end.