Out @ 5 Should have stayed into the trade but saw 200$ PNL and took profit. Also I raised my stop above entry price, Just below the last gray box on the 1min chart. Was basically a free ticket for bigger gains but Eeeh ... Raised stop just after we established another dominant candle (Closes above @ 5). 2 trades. 1 loss of about 100 and 1 win of about 200+ Usually I don't buy reversal (Pullback). Here we went up to 5.057 then down to 4.960. This is our range on the 3min. Usually I buy range breakout. But here I bought the 4.960 reversal. The price went as high as 5.020. Good night. EDIT: Trade as per plan would have been to buy GREEN and sell RED EASY. Missed 100$ gain this time. + Lost 100$ on a non bullish close. That's 200$ loss because of mistakes. For 200$ gains or a grade of 5/10
Tough Day today. Went almost down 1K. Hope I didn't break the rules. Then back up to breakeven. Took a quick loss on NQ ... -700$ or something like that. Then I took small steps to get back to even. Went for bigger timeframes: 1d, 4h, 30m, 5m
NG is my most profitable instrument currently. NQ is my least profitable @Laissez Faire is right since the beginning, So I trade MNQ / MES instead of NQ / ES
We had a breakout on HE at the close I'd be careful with the indexes as ES is around 4572 SI is reversing on the daily but I can't trade it with my small account ZM also bullish AF -> Inflation -> Bullish commodity
Care to share a few words about NQ for those of us in the dark? How would you compare/characterize it relative to NQ/ES? One of the things I find hard about ES and also NQ is the huge amount of back-filling. You really need to have some conviction in a trade and just hold it. I think an instrument that trends better would be easier to trade.