Trading on "Instynct" (NQ)

out 49.75

 

Today is pretty much a loss for me, hard to come back mentally. But the week is still winnable

 

Saw your thread at the top of the queue..and had to ask why let (2) trades for 5+ handles each turn into losers? Isn't it a bit obvious this is range bound so far? I'd take the quick 5 handles and get back in a bit afterward I do trade ES

ps Don't beat yourself up too bad you had great entries there. Looking at your entries they each popped 5+ handles and no heat. Nice job there!

 

Thanks. At that time, it was not clear to me that NQ was range bound. Price structure had the makings of a bullish move to the upside, supported by ES holding it's prev LOD firmly.

 

Took ES long @1317.75 ..i like this long here. FWIW

 

Was down as much as -300 but pared it back to -200 after a couple scalps. No chart today.

 

I ended down about 100. Was up in the morning, but got chopped in the afternoon. Whenever I see a triangle, I should just shut it down.
The indecision that makes triangles form often ends in beautiful breakouts, but often as not, just more indecision patterns.

 

L 58.5

 

out 62.5

 

L 70.75