NQ Trades RT

Discussion in 'Journals' started by AFterburner, Jan 14, 2004.

  1. BOT 1536 OPEN 11:15:42

    Market action seems to be relatively firm right now.
     
    #51     Jan 21, 2004
  2. SLD 1538 CLOSE 11:23:17

    The problem with a countertrend trade is that the longer you hold it the more your edge disappears. I didn't want to fall into that trap.
     
    #52     Jan 21, 2004
  3. SLD 1540.5 OPEN 11:24:53
     
    #53     Jan 21, 2004
  4. SLD 1539.5 CLOSE 11:26:04

    Quick scalp.
     
    #54     Jan 21, 2004
  5. At this point, I think it might be prudent of me to take a break until 12:00.
     
    #55     Jan 21, 2004
  6. BOT 1543 OPEN 12:52:14
     
    #56     Jan 21, 2004
  7. SLD 1544 CLOSE 12:52:42

    I'm not exactly sure what's going on, but I do know that I don't want to get too committed right now.
     
    #57     Jan 21, 2004
  8. SLD 1547.5 OPEN 13:16:06

    I'm a little bit unsure about this trade, but I think that I should at least be able to get 1545.5 out of it.
     
    #58     Jan 21, 2004
  9. I need some time to think about this one. I'm going to try to be out around 1:45. Hopefully I can get some sort of a pullback.
     
    #59     Jan 21, 2004
  10. I'm down 10 points in 10 minutes. Really all I can do right now is try to sit this one out.
     
    #60     Jan 21, 2004