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If today can close green I'd say we have a potential swing low in place for now. One hour left, so let's see how it plays out.

Same situation if you're short. Did you exit on that double bottom / higher low here?

Agreed. I entered this week with a good short bias and had an almost perfect short entry this morning, but traded it poorly. With NQ holding up well and ES initially rallying above last week's low I was blinded by that strength and was simply HODLING. I saw the same play @Spooz Top 2 is...

Stopped out of that long for a 10 point loss just now. Incredibly, after banking + 25 and having a 60 point unrealized profit this morning today ended up as a losing day. Got hot headed and over confident after 7 winning days in a row, so took on a bit too much size this morning. If we drop...

Last week's low here @ 93. Rangebound day so far. The bears didn't get the follow-through they anticipated today. Will they get it by the Close? Not so sure, but definitely possible. Holding long still.

Sounds good. Maybe I'll check out those books. Mike Minervini did make an impression upon me reading about him in Market Wizards. O'Neill is a classic. The one thing you can't escape regardless of method is expectancy. If you're looking only to grab half a point - what's your risk? I assume...

NQ moves so quickly, so I figured you'd have some fixed targets in place. Your system must be very objective, then.

Got it. I've heard good things about the two first books, but I don't know anything about the latter. Books introduce much of the same problems as you often don't know if they're merely authors (usually the case) or profitable traders teaching a profitable method, so only trust what you learn...

If you trade something liquid - I don't imagine anyone cares about your stop, so I wouldn't worry too much about that.

You're printing money, dude. What's your typical NQ target per contract in this environment?

Stop @ B/E. Will possibly add a few later if I believe that could be worthwhile. We live in uncertain times, so I'll be cautious with predictions, but it's possible we put in the Week Low today. EDIT: Added one @ 4506. Average is 96. Stop @ 87 on both. Looking for a bigger move out of this...

If you are new to the trading game I would advice you seriously to re-consider if you want to do this. At least short term trading. The high failure rate figures often quoted I imagine are very real. And these are smart people, so don't think you'll be the exception (I did). Trading is unlike...

FTT / IHS on this last leg down. Let's see if we can break out higher now. The daily chart / short term trend looks heavy here, but we do appear to be bottoming out. Admittedly, I do not have the best read at the moment. I see both a rug pull and a rally happening from here. Any takers...?

Longed 86. 10 point stop.

FBOs left and right. I'm looking to get long here if we continue getting higher lows and can break above 4400. If NQ finally gives up the Open we could head lower, but looking pretty firm so far.

NQ putting in a higher low. ES below last week's low. FBO still possible here, so may be wise to be cautious to the short side. Obviously an important level to defend here as continuation lower is easily worth 100 points or more.

I'm flat and neutral here. Looking for an FBO below 4490 for a good rally higher or continuation lower. Will wait and see what the market does here. Good luck all!

Might have to cover if we pop above 80 again. EDIT: Putting in a stop @ 91. Off to do something else for a while. UPDATE: And stopped for + 25. Was there news? Thought I was finally going to get a biggie here.

Another FBO to the upside and a new flag setting up. Let's see if we can get continuation lower yet again.