Trading on "Instynct" (NQ)

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

  1. Scalping this on the short side rather than holding it because I'm anticipating buyers to come in soon. I just don't know when
     
    #11     Nov 12, 2010
  2. jokepie

    jokepie

    You are rite
     
    #12     Nov 12, 2010
  3. Notice how they flip ES 1202 (previous day low) , that was my cue to stay on the short side
     
    #13     Nov 12, 2010
  4. Instynct,

    Wishing you the best of luck and will follow along as I appreciate the help you given me and your trading is on fire!!

    RnR
     
    #14     Nov 12, 2010
  5. pt199

    pt199

    Please elaborate more on the "flip the ES"?
     
    #15     Nov 12, 2010
  6. Thanks. I've always enjoyed your posts.
     
    #16     Nov 12, 2010
  7. Previous day High and Low are one of the more critical areas for me. When I see them break below a critical support line and then use that line as resistance to sell, I know the sellers are still in control. Thats what I mean by flipping 1202
     
    #17     Nov 12, 2010
  8. S 30.25; tight stop on this one
     
    #18     Nov 12, 2010
  9. out 32.25
     
    #19     Nov 12, 2010
  10. 50% of the day range would be right at AH low 43ish; interesting.
    edit: being Fri following multiple drops not sure it gets there.
    Looking to short 37/38 for 6 points.
     
    #20     Nov 12, 2010