My nq price action method

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

  1. slugar

    slugar

    out
     
    #751     Aug 6, 2014
  2. Redneck

    Redneck

    Slow and steady :)


    I'll comment more COB

    RN
     
    #752     Aug 6, 2014
  3. slugar

    slugar

    lots more to learn keep wanting to short for some reason
     
    #753     Aug 6, 2014
  4. Redneck

    Redneck

    quiet your mind..., and follow


    conscious is fighting to override subconscious

    RN
     
    #754     Aug 6, 2014
  5. slugar

    slugar

    short on a lower high 3880.50 stop 3882.75 target 3874
     
    #755     Aug 6, 2014
  6. slugar

    slugar

    out
     
    #756     Aug 6, 2014
  7. slugar

    slugar

    over all a down day. i had a short bias looking for some areas to be tested and eventually there were i was just early and to eager for them to be tested.
     
    #757     Aug 6, 2014
  8. Redneck

    Redneck



    Slugar

    My comments about today – from the heart…, not bitching / pointing fingers / woulda - coulda - shoulda crap

    Nor am I in any way questioning your approach

    Just sayin :)

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

    This trade has bugged me since I read it

    Typically when you’ve shorted – your target has typically been the last swing high - which in this case would be 3869/ 70-ish


    Basically shorted where you historically exits shorts (presumably because price was going to respect the zone)

    No clue if this trade ultimately worked…, just an observation Sir

    More to come Sir

    RN
     
    #758     Aug 6, 2014
  9. Redneck

    Redneck

    Let me know if my comments (chicken scratches) don't make sense on the attached



    Solid trade imo - had a few supporting signals indicating to short


    RN
     
    #759     Aug 6, 2014
  10. Redneck

    Redneck


    I see nothing wrong / glaring with the context created in this chart you posted

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

    Here are my thoughts;

    I don’t give two shits if you won or lost today

    I care immensely that you followed your approach / each trade's plan – to the letter

    I care about you having a bias – well truth is we all have biases – rather I am concerned you traded your bias....

    You’ve gotta set up a routine that gets you into a neutral frame of mind

    And take a break whenever you pop out of neutral

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

    I don’t see overtrading…, or even revenge trading – Great job

    Each losing trade’s loss – kept within the allowable amount??? – if so…, Really Great job!!!


    I think – you likely placed a lot of (way too much) pressure on your self today – gotta stop that crap :)

    My thoughts Sir

    RN
     
    #760     Aug 6, 2014