I enjoy reading your journal. I have 3 questions if you don't mind. Were you following the rules to your original setup? When you took today's 2 trades, what was the trin doing? Why did you have 2 separate open orders?
No, I wasn't following the rules to my original set-up and I had mentioned that earlier when I posted the entries. It is basically similar set-up but at a larger time frame. I posted the set-up for people that are just starting out and would like to learn but do not want to risk a lot. The trin was above 1 but NQ TRIN was less than NY TRIN but I wasn't looking at the TRIN. I am looking at the previous day's high, low and close. I am buying the break of the support. 66.25 was the support from yesterday and 68.25 was the intra-day support.
Ok this is it....no more trailing stops. There was 1 long entry at 9.06 cst based on the set-up from the 1st post. I was in class so I did not take the trade but that was good for 10 points.
For anyone that trades overnight, I got a long signal at 76.50 with stop at 74.5...Target 84.5 Currently the ask is 76.5....
Even after the 2% decline NQ TRIN has been less than 1. If we find some support on 30-min...I might go long. BL: 44 S 43 T 53
BL 46 S 45 T 55 Edit: Filled Stopped out. Done for the week. Have a nice weekend. As long as I lose 1-2 pts. when I'm wrong and make 5-20 points when I'm right....I am fine.