My nq price action method

Discussion in 'Journals' started by slugar, Sep 1, 2013.

  1. Buy1Sell2

    Buy1Sell2

    Yes--Agreed. Price action means that there is action (momentum) and when the signal and price action agree, then likely the trade is valid
     
    #1091     Apr 3, 2015
  2. Redneck

    Redneck

    And a Very Happy Easter to You..., and Your Family

    RN
     
    #1092     Apr 3, 2015
  3. slugar

    slugar

    Rn I hope to see you in my journal again soon. I plan being on my demo tomorrow
     
    #1093     Sep 1, 2015
  4. Hey Slugar,

    Good to see you're back posting !

    Good trading to you !

    jas
     
    #1094     Sep 1, 2015
    slugar likes this.
  5. slugar

    slugar

    Thanks jas. I'm glad your trading is going well for you
     
    #1095     Sep 1, 2015
    jas_in_hbca likes this.
  6. jsmacksem

    jsmacksem

    Wow. Resurrection!
     
    #1096     Sep 1, 2015
    slugar likes this.
  7. Redneck

    Redneck

    Wild horses couldn't keep me away

    ===================

    One trade at a time - create a plan for each - then trade each plan to fruition

    Entry signal / direction
    Stop loss (breach / invalidation of the signal) / profit target
    Way of managing

    Patience..., discipline..., routine

    Uncertainty rules all in our world

    ===============

    Glad you're back :)

    RN
     
    #1097     Sep 1, 2015
    slugar likes this.
  8. Redneck

    Redneck

    Not so gentle reminder

    Trading correctly -> means focusing on the process..., not the profit

    ==============

    You also have a document to complete - take notes today..., toward that end

    I expect you to complete it

    =============


    Trade well today Slugar - win.., lose..., or draw - and as always - fuck the results

    And I'm serious about that last statement - do this correctly.., imprint the correct behavior

    Otherwise..., we may as well be pissin into the wind

    RN
     
    #1098     Sep 2, 2015
    slugar likes this.
  9. slugar

    slugar

    Traded ok ended positive for the day but after my 1st 2 trades that both went according to plan and I was having a hard time reading the price action. lost 3 in a row because of reading errors not because i didn't follow my plan but took a couple of hours to mow and get some things done around our house and finished the last hour with 3 winners and 2 losers. overall happy with how i followed my plan
     
    #1099     Sep 2, 2015
    JefeTrader likes this.
  10. I thought the early price action was tough too. A lot of action in the middle of the range.

    Nice job today !

    jas
     
    #1100     Sep 2, 2015