Iâm back. Its been a while since Iâve posted on ET. Some of you might remember me from my previous journal âTrading on Instynctâ. I would like to start a new journal all about the NQ, for I believe it is a great market for scalpers as well as for intraday swing traders. I have always been one to believe that trading one market and developing an intuitive sense for its price action is a great way to become consistently successful. NQ is my home playing field. My style of trading is very much discretionary, pretty much 100%. I have my own boundaries and rules of the game, but setups are always different from one degree to another. Price action unfolds differently every day, and the market is constantly evolving over time. So to me there is no âif price does x,y,z, then enterâ. Instead I âlistenâ to what the market is saying by the footprints it leaves. Structure, how it trades around key levels, and the speed at which it moves is the emotion of the markets. Thatâs what I pay attention to. So the only thing on my charts is this: R1, R2, daily pivot, S1, S2, weekly pivot, monthly pivot, key levels from the daily/weekly charts, and Vwap. Thatâs it. I know that volume profile, trendlines, technical patterns, indicators, are popular, but I do not need to use them. Not because I donât think they work, but because I have already developed a relationship (through years of watching price action) with price and the aforementioned levels I use. Less but effective information = clarity for me. I trade anywhere from 1 to 3 lots. High probability setups I enter full position right away, whereas quick scalps within say a 10 point range I trade single lots. I am almost to the point where I do not scalp those single lots anymore. My focus lately has been cream of the crop, high probability setups where I enter 3 lots from the get go. Thatâs the direction my trading is going, only high probability setups with full positions. I think Iâve rambled enough. I will start this journal either tomorrow, but no later then Monday 4/15. It is an open journal so feel free to post your comments, P/L, or anything you would like to discuss.