NQ Journal - 2015

you keep tightening your stop, don't blame you

you think a top is near?

 

--Day trade long 4487.50 Initial stop 4482.50
-- Stop raised to 4483.50
--Stop raised to 4484.75
--Stop raised to 4485.50
--Stop raised to 4487.25
--Out 4492.75 for 5.25 pt gain

 

Most likely. That is one reason I stayed long pound for now. Good point

 

--Day trade short 4496.25 Initial stop 4501.25

 

--Day trade short 4496.25 Initial stop 4501.25
--Stop lowered to 4500.75

 

--Day trade short 4496.25 Initial stop 4501.25
--Stop lowered to 4500.75
--Out 4495.00 for 1.25 pt gain

 

Hourly trend has reversed downward. I will be looking to sell rallies on lower time frame charts with fresh downside momentum.

 

4 hour remains in uptrend, so I will be looking to buy the hourly on pullback with fresh upside momentum .

 

Thank you for the post.

Not clear on what this comment mean "buy the hourly on pullback with fresh upside momentum"

Thx

 

i longed 4488.50