Try support & resistance, friend. Draw straight lines. Read some articles on it. Indicators don't work!
I SOLD OUT 7467 I CHICKENED OUT WAS SUPOSED TO HOLD OUT FOR 75 BUT HEY THAT WAS A 4 TO 1 RISK REWARD SO I DONT CARE IF IT WAS THE BOTTOM OF THE DAY GOOD THING TODAY WAS I HELD OUT FOR THE PERFECT SETUP AND WAS REWAREDED FOR NOT TAKING THE SEMI PERFECT ONE THE NEGATIVE IS THAT I RAN OUT ABIT EARLY I TOLD MY SELF THAT IF I EVER RUN OUT EARLY FROM A TRADE I CAN DO THAT AS LONG AS IT IS THE LAST TRADE OF THE DAY SO THIS IS MY LAST TRADE TODAY MADE 150 AFTER COMMSSION - MY CURENT BALANCE 4575 ONE DAY I WILL FIGURE OUT HOW TRADE STAION KEEPS SCORE
so i just sold the nq at 1238 going for 1224 min earlier i tried to sell it but got zapped for 70 dollers
out at 1238 brake even as the market had moved enough for me to bring my stop to brake even if it drops like a stone from here so be it i would not get in under these conditions so why stay in just cause i happen to be there
I do my counter trend with the NQ and I do my trend with ES, although I have to admit a couple of my setups I use are earlier on trend and depending on time/tick frame could be seen as counter trend. I use NQ for counter just to seperate it from my trend trades. I will scale in with a predetermined uncle point, ie I am wrong and its time to take my punishment. There is no latitude on it either. I don't double down, just have support/ resistance points I use to add when my setup is still valid. I also will take into consideration time of day and type of market the day has been to that point as well as range. I actually don't allow much wiggle room on the trades and often don't leave myself room to add. I can always try again and if I miss it, so be it. Where as I don't always put a target in right away on a trend trade, I have the counters setup to put in an intial target and a drop dead stp, which I can adjust after in, but have just in case it blows out as soon as I enter, and it has. There's my quick 2 cents.