Trading on "Instynct" (NQ)

Discussion in 'Journals' started by Instynct, Nov 12, 2010.

  1. L 95.25
     
    #1331     Jan 19, 2011
  2. PACMAN1

    PACMAN1


    moved target to 92 getting late
     
    #1332     Jan 19, 2011
  3. ou t 96
     
    #1333     Jan 19, 2011
  4. L 97.25
     
    #1334     Jan 19, 2011
  5. out 99
     
    #1335     Jan 19, 2011
  6. damn 9 trades today.. I'm back lol, +7.5 today and +7 yesterday.
     
    #1336     Jan 19, 2011
  7. PACMAN1

    PACMAN1

    out 97 terrible trade management
     
    #1337     Jan 19, 2011
  8. Sometimes you just gotta slice and dice your way to some profits.
     
    #1338     Jan 19, 2011
  9. Lunch time means lower volume which usually translates into price stalling or being faded. Traders will anticipate this and get in early, thats why my window of opportunity is 840 to 910, after that the setup expires. That doesn't mean price can't go lower (in the case of up trend), but the play itself is done.

    As far as your statement in quotes, if I was holding a long position with the trend, then yes I will look to close it as we approach lunch. But I don't do a whole lot of swing trades, scalping is my bread and butter... and it will always be.
     
    #1339     Jan 19, 2011
  10. PACMAN1

    PACMAN1

    yea I have to do a better job at taking my profits. I can do a fairly good job in getting into a profitable trade but my problem is I get to greedy and want every last tick of profit. And we both know the market does not always go as far in one direction as we think it should (targets). Anyway congrats on the last couple of days and keep it up.
     
    #1340     Jan 20, 2011