Trading on "Instynct" (NQ)

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

  1. Wild day...
     
    #4211     Oct 18, 2011
  2. After the 2330 exit I was done, not forgiving myself..
     
    #4212     Oct 18, 2011
  3. Rashid, What was the basis for your entry on trade #6?
     
    #4213     Oct 18, 2011
  4. Pullback? 1000vol chart.
     
    #4214     Oct 18, 2011
  5. Looks like everyone did well today except for me:)
     
    #4215     Oct 18, 2011
  6. Good morning traders! today should be a big day
     
    #4216     Oct 19, 2011
  7. So I thought.... But no pace at all.. won't go down but can't go up. getting chopped to death. Change of PA from day to day the hardest thing to adjust to.
     
    #4217     Oct 19, 2011
  8. Thinking of short here but it will probably chop it's was back to 50
     
    #4218     Oct 19, 2011
  9. Keep in mind that we are at the top of the range of the last couple months. Price does not go up forever, eventually sellers will step in and clash with those buyers, and they do so at what they percieve to be a good price to sell. Perhaps to lock in profits, or short term trade, or the start of a new leg down. No one knows what will happen, only time will tell. At some point, one side is wrong and will have to give up and start paying the other side. Don't miss out on it.

    In the mean time don't lose sight of the intraday and 60 min price structure. Map out those pivot highs and lows on the 60 min using horizontal lines. The intraday structure will give you clues as to which 60 min lines price will want to test.
     
    #4219     Oct 19, 2011
  10. getting beat up over here. that flat MA's should have told me to wait. that and several losses with no MFE should have been a clue
     
    #4220     Oct 19, 2011