Nice job. NQ looks easier to me than ES and I was sweating all tis morning shorting in the 45-65 range with those constant moves up. I am finding today difficult personally.
the key is in the higher time frames. 4 hr looks weak but after yesterday’s run up, it’s showing enough confusion for rangey / jumpy action. Don’t be fooled into trying to hold a runner. It’s gonna snap. Even still, 60 looks a bit bullish, but 2 hr weak. Buy the dips sell the rallies.
Ah, Well for ES I can certainly understand that. NQ though moved enough for me to get a runner on the short, was a 90 point range move from high to low. Anything over like 35 NQ points to me is classified as a runner. The long signal on NQ also did well enough for a runner, although I didn't take that one. This is why I prefer NQ over ES though, I still can't see why most people prefer ES over NQ.
11532-11542.00 NQ potential accumulation area here I got long 11545.25. See if it goes up some not looking to hold long.
I don't even know why I did that. This would of been a really good trade I knee jerked out of it so fast. That's dumb moving stop up that tight so fast, I got hit before even posting and than watch it take off 23 point.
For each timeframe we have 6 choices: 1. Buy Higher High 2. Sell Higher High 3. Sell the failure to make a new higher high 4. Buy the lower low 5. Sell the lower low 6. Buy the failure to make a new lower low Which choice are you trading?
7. Buy swing lows and sell swing highs. This works both in a range bound market and a trending market, but it's in a range bound market it really shines. 11 entry points so far this session. The last recent buy was 93,25 (swing low).
May you please show your 11 entry points in a chart? Just curious, how about selling LH and buying HL? it has a higher winning prob than selling swing H and buying swing Low in both range and trending markets, right? Thanks.