NQ Journal - 2015

Reversal signal has occurred on the 1,5 and 15. Do we take it, or wait for hourly to turn up? We are in a daily downtrend but oversold right now.

 

Hourly has now exhibited upside reversal. And if personally, I had a day trade on, I would be covering my short here. I would think that the day trader on the 1 and 5 could now look at longs with tight stops.

 

I am staying short for now.

 

hmmm

 

Thanks for your posting. --I am in a position trade right now, not an intraday or swing trade.

 

Yep

 

Day trade Long 4443.50 Initial stop 4438.50

 

--Day trade Long 4443.50 Initial stop 4438.50
--Stop raised to 4439.50

 

Will take proft on this day trade at 4463.50

 

--Day trade Long 4443.50 Initial stop 4438.50
--Stop raised to 4439.50
--Will take proft on this day trade at 4463.50
--Stop raised to 4453.00