I am still keeping one short and will look to continue attacking short as long as we are below 11780.00. Short signal coming in here at 11758.00 on NQ (price 11756 currently). Not going to add just going to hold my one remainder and see if we can work back down below 11546.00 again and get something going. Looks really tough.
Targeting 11714-11720.00 area to cover this last one. Don't think it's going to go right there so prepared to hold through some back and forth.
Covered 11731.50 here. flat now. Gave me area I wanted, but got greedy and didn't take it, so covered higher.
Pressure is back on now. Sucks if I failed to hold a short again and we do break down like expected, but these up moves make it difficult to stay short. Said I was going to keep attacking short below 11780.00 and I didn't. Not much I can do now, don't want to chase.
11625-11645.00 accumulation area, so would be likely target if markets break down. Also, an area I'll be looking for a long. Although will be taking profits quickly on some if I take it and BE on rest, since the overall out look hasn't changed for me regarding NQ lower prices.
Yup, but to be fair horrible execution on my part. Also I am flat now. So I missed out on a lot of the reward. I was certainly profitable, but I started shorting early. When I posted the actual short signal I got at 11758.00 That is where I should of shorted and avoided all that heat. So, need to work on being patient and taking the signals instead of front running.
Blame it on live speech from US Sec. of State Pompeo for this pulling back as he is seeking ways to punish China.
Why blame it on news though, when probability and larger charts have been saying all along that up moves will get faded?