Nice to see you back. Was that entry based on the move off the higher low ? What did you decide about trading multiple cars ? Thanks
Hi Jas, will get back to you in a bit. Looking for another trade here when the market shows its hand. Right now at this very moment you got NQ hitting against daily chart resistance, while ES has successfully flipped its daily resistance and turn it into support.
Well looks like ES couldn't hold 85 support. Jas, trading single lot currently. First entry was actually a late one as I wanted to buy 42 @ 7:22 pst but hesistated and so 44 was the best I could do. I got the buy signal because there was enough evidence for me on the chart at 7:22 pst that sellers were done taking it down from morning high of 46.75, not based on the move off the higher low. Today's trades:
Cool thread, im also currently trading the NQ. I look for 30min opening range breakouts. Also look at previous days high,low, open, and close as critical points. Went long today at 2247.25 following the opening range break, got stopped out for a 1point loss, yesterdays high was close above and acted as resistance Went short at yesterdays close around 2242 and got out 2235
Thanks for the info and chart. I started trading 2 cars recently right about the time i went into a mini slump. Not really getting killed but not having patience to be in the trades i should be. Good trading to you.