Trading on "Instynct" (NQ)

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

  1. Good Morning... yaaawn..
     
    #3461     Aug 22, 2011
  2. Quick poll... Were you guys long or short bias at the opening bell?
     
    #3462     Aug 22, 2011
  3. neither
     
    #3463     Aug 22, 2011
  4. Ok so neutral (I should've added that to the poll). Care to explain your reasoning when you get a chance? I will do the same.
     
    #3464     Aug 22, 2011
  5. 38 level seemed to hold as a support and then it ran up to the 83 pivot from Friday and it seemed to hold. So I was expecting movement between the 2, especially given the situation in the middle east with Ghadaffi. So I was looking for signals either way.
     
    #3465     Aug 22, 2011
  6. figured we'd sell off at open reason the big ugly hole in charts from gap up needs filled
     
    #3466     Aug 22, 2011
  7. You know those charts I posted.. You could sense a long bias coming right?? Well, I got a short signal 15 minutes in and I interpreted it as I will ignore it and wait to get long... Sooooo I have been going long ever since.. 30 point drop since that signal..

    I am an enigma.
     
    #3467     Aug 22, 2011
  8. I was neutral at open for the most part but agree with the gap. In my opinion upside gaps within a larger down market structure (60min chart) has a high tendency to close or at least attempt to close. Vice versa for down gaps. But price opened above key level for me so I took a couple of long scalps with very tight management at the open.
     
    #3468     Aug 22, 2011
  9. You don't trust your signal which ironically you created. You outsmart yourself :D
     
    #3469     Aug 22, 2011
  10. L 45.75
     
    #3470     Aug 22, 2011