My nq price action method

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

  1. slugar

    slugar

    back after a well deserved vacation from the markets . today I only saw 3 trades and the trend lines and s/r kept you on the right path.
    1.triple bottom long at 3909 stop 3906.75 target break of up move trend line.
    2. double top short 3914 stop 3916 target at least 3907 last swing low.
    3.lower high short at 3903 stop 3906.25 target break of down move trend line.
     
    #731     Jul 7, 2014
  2. slugar

    slugar

    Only 2 trades today. Lots of trades in the 3857-3874 area so it is not a surprise the market rallied back to this area.
    1. higher low long at 3837.50 stop 3833.75 target break of up move trend line which wasn't until 3866.
    2.lower high short at 3881.75 stop 3884.75 target break of down move trend line which took place at 3870.25.
     
    #732     Jul 10, 2014
  3. Redneck

    Redneck

    Very Solid

    Keep on Truckin :)

    RN
     
    #733     Jul 10, 2014
  4. slugar

    slugar

    1. lower high short at 3886.25 stop 3889 target last swing low of 3877.
    2.higher low long 3876.50 stop 3873.75 target 3888 last swing high.
    3.double bottom long 3883.75 stop 3880.50 target last swing high 3890
     
    #734     Jul 12, 2014
  5. Been away for a while. Glad to see you are still at it and doing well Slugar. Keep it up!
     
    #735     Jul 12, 2014
  6. slugar

    slugar

    Thanks BMW where have you been
     
    #736     Jul 12, 2014
  7. slugar

    slugar

    only able to make one trade today to busy running errands but it was a good trade. short ona lower high at 3937 my stop was 3940 and my target was break of the down move trend line. i exited at 3724 with 2 contracts so a plus 26.
     
    #737     Jul 16, 2014
  8. slugar

    slugar

    I exited at 3924
     
    #738     Jul 16, 2014
  9. Very nice ! Love how you're able to ride the winners.

    Are you trading live now ?
     
    #739     Jul 16, 2014
  10. Redneck

    Redneck

    Called managing the trade / following the process :)

    RN
     
    #740     Jul 17, 2014