My nq price action method

wow.. you're brave to have held through the 5 point loss

 

1 contract we made a lower high at 845 and 902 if we make a higher high this time i will take a small 4 point loss

 

yes... it has been a series of lower highs... and it looks be to forming one big hinge so far since the open... we will eventually break out one way or the other.

 

moved my stop to 58

 

chart

 

why moved your stop.. wasn't your profit target of 53 hit?

 

stop moved to 57

 

i decided to manage the trade by what price was doing but should have taken the 7 point profit but still holding

 

not able to sit by the computer all morning but looks like i held to long

 

ah.. gotcha.. thanks for the explanation. i am a fan of trading by what price is telling you, so this for sure jives with me.