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  1. B

    Trading the NQ: Take 2

    We will never get all of the moves. I'd be happy with one or two good ones each day, and let the smarter traders take the 50 point trades that I missed.
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    Trading the NQ: Take 2

    That 5 second chart is fast, fast, fast. I have tried out NoDoji's limit entry after the breakout. Not every trade is triggered obviously, but it is giving me 2 point stop losses on the 1 min chart, which is better than the 4 or 5 points I used to get. I only had 2 trades today, but they were...
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    Trading the NQ: Take 2

    Lucky today, caught it just as it made a nice fall, and hit my 5 point target in two bars. I'm fine with trades like that, its the slower ones that I need to learn how to manage properly.
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    Trading the NQ: Take 2

    Yes, I believe that somewhere out there someone smarter than me looks at the offers, and can determine where the weaker hands are. He calls his friends over to his screen, and they laugh as the poor retail fool is taken out. You were in short at 59, that's good. My short was a million miles...
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    Trading the NQ: Take 2

    That's the easiest. Just write down all the trades you actually took onto one list. If the list is profitable, who cares what sub-group they come from.
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    Trading the NQ: Take 2

    Why not take note of the trades each day and see if they hit stop loss or target first. Put them in excel for a few weeks, and I'd say you hit target enough times to more than pay for the losses.
  7. B

    Trading the NQ: Take 2

    A short on the rejection of the highs early on would have been a great trade to take, but its hard to be long and short at the same time. I know there was 20 points from top to bottom this morning, but it was still a bit of a rangy, choppy day today. Hopefully you will get a chance this week to...
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    Another Straight Line Analysis Journal

    Thursday 12th Feb 2015 :- 1 Min Chart Review -------------------------------------------------------------------------------- I made a few good trades today, and all of them failed. I hadn't actually noticed the level around 30. I only marked it in after an hour or so after the open so maybe...
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    Another Straight Line Analysis Journal

    Wednesday 11th Feb 2015 :- 1 Min Chart Review -------------------------------------------------------------------------------- Most of my entries worked today, but the points were not taken, and the exits ended up too near to the entries. There is more to trade management than just holding on...
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    Another Straight Line Analysis Journal

    Tuesday 16th December 2014 :- 1 Min Chart Review -------------------------------------------------------------------------------- Today we spent the morning within the range of the hinge that was created from around 6am until the open. We tended to revolve up and down around the mean, with no...
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    Another Straight Line Analysis Journal

    Monday 09th Feb 2015 :- 1 Min Chart Review -------------------------------------------------------------------------------- I'm still not 100% comfortable or consistent with what I am doing, but I will march on, and try to read and observe and learn everyday. I need to draw my levels...
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    House of If You Can Draw A Straight Line

    I was referring to this one from MadeMan
  13. B

    House of If You Can Draw A Straight Line

    One of the problems that I have with drawing these charts is that Investing.com seems to disregard data when it wants to. The hourly chart that I have does not allow such a neat channel. I have attached a chart with the section of the hourly from the end of January onwards, along with a 1 min...
  14. B

    Trading NQ via Price Action

    You can have one or the other, not both ... :) If you like trading rejections, why not test a few days for bars that go above a level, but close back inside. Enter on the next bar with a stop loss above the high of the rejection bar. See how many make a 1:1 profit. For myself, I was looking at...
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    Another Straight Line Analysis Journal

    Wednesday 04th Feb 2015 :- 1 Min Chart Review -------------------------------------------------------------------------------- Today I decided to try my best to be good, and wait for the correct trades that jumped out at me. I wasn't 100% successful, but it was a start. I waited a long while...
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    Trading NQ via Price Action

    I do have a plan with lots of figures calculated, but following it everytime, everyday requires me to be disciplined. I can pick some good entries in real time, but my Zen needs to improve. If I had entered at the top, I would have exited for my stop loss. One thing I learnt last year was to...
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    Trading NQ via Price Action

    It's hard to trade when you are back in the middle, I didn't take it myself. Better to trade at the extremes, and this is the way that I would like to be able to trade. I did take the trade at the break of the bottom line, but I also took other trades at the wrong place as well. I see these...
  18. B

    Trading NQ via Price Action

    You could always trade the retracement on the 1 Min around 4180 if you felt like it. It is back in the middle of the channel though
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    Trading NQ via Price Action

    Hi k p , I don't know any of the people on the forum in real life, so I cannot make judgement on how true their trading stories are. The only way that I can judge their advice is to ask, "does what they are saying work for me?". For example, from Db's advice I can see that preparing before the...
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    Another Straight Line Analysis Journal

    Friday 16th Jan 2015 :- Market Preview -------------------------------------------------------------------------------- Yesterday and today we have a break below the previous swing lows which go back to the middle of December. On the 10 Min chart attached, we are currently back at the top of...
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