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LONG 4196.5 -stop is at 4193

so, the first trade was a short taken on the break of teh demand line and general support area (as I saw it) The second trade was a short on the retest of the same 'break' as I thought I saw sellers taking control again on the tick chart I was watching. That trade was soon stopped out!

Stopping early - caught a nice one at beggining of day and lost a little on the 2nd trade.

yesterday:

I'm the apprentice, trying to learn to trade after reading lots of threads here and on other forums Trying to get my own method down using a mix of support/resistance/trendlines/patterns/price action etcetc trying this with the NQ. Today is day 2. Luckily caught a 'runner' on the down move...

update?

I see. I'm not 'trolling' for what it's worth. p.s - Any trolls here must be very well behaved in comparrison to the trading forums that I belong too(!) as threads never seem to be completely 'taken over' here, despite talk of 'trolling'. I thought I was fairly polite and asked a genuine...

you mean the top it made 8 points after my entry? (giving me 8 points profit at one point?) Obviously it's only in hindsight one can call it a top. Unless i've miss-understood you, isn't that like asking someone ''why did you go long seconds before the price fell??''. Obviously the person...

would the answers always be the same? ''why did price go up there?'' - because the demand was higher than the supply why did it stop going up there? - because there were no more traders willing to buy it up and pay higher prices ''why did it reverse? - because supply was higher than demand why...

Pattern i'm looking at is targeting 2095 area initially. Will take half off there, and keeo the rest running in case we boom over the 2100's

Taking a long here at 2080

I just trade the trend. Bulls in complete control by my analysis. Expecting higher prices going forward

????

santa rally towards the 2100 zone in play?

Would imagine that they make a run for the 2100 zone soon.

Long 2069