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I think so too. However I always like to look for the reverse case - If you pitchfork off the daily long term NQ trend, then the current price looks like its got back over a trend line which is of an equal range to the previous long term trend. I dont know how many people look at this sort...

Yeah thankfully I emptied the account down to its minimum each week/month the entire time. So I cant complain too much. Just trying to understand if I was just lucky 100s of times in a row or whether my old strategy just doesnt work anymore. Today I was trying to short overbought signals but...

Mainly 1hr, 4hr and daily. But I try to do a bit of intra day here and there. Its strange for me because I had an epic run for 11 months, and this last month has been totally flat.

Its tough, all I still see are short setups, but they dont follow though. The main trend is up now, so I guess its time to wait for an oversold signal and then go long from now on.

I was getting close to shutting the short down, but this drop has kept me interested again now. If the ES gets back under the trendline, tomorrow could be a big down day for NQ/ES

Getting into a medium term short here on the NQ

They left us with the NQ breaking out of the daily downtrend line, but the ES nowhere near the downtrend line yet. I don't think this is the start of the next bull market until they both break these trend lines. Could be a great shorting entry when the ES touches the downtrend line again. Until...

So are you saying that "they" is a different entity to "them"?

If I could clarify, then there would no longer a need to be referred to as "they" or "them" :D

Don't you believe in "they" or "them"?

Overbought on the hourly could be a good short opportunity

NQ new low didnt last very long. Hysterical buying kicked in straight away.

Well when I say the "right side" i meant I was short at the right times, and stayed out for the long. That's the "right side" for me, as I only trade in line with the longer term trends unless I think there is a full reversal. I am more concerned with what is coming next. NQ did make a new...

Yeah i was on the right side of those moves. I was referring to the range bound situation for the last few hours. No breakout either way in the end. I cant really scalp ranges like this because my bid/ask spread is too wide. So I hunt for breakouts mainly.

I am just trading a different time frame to you thats all.

Well for the last few hours its been pretty side ways and hard to call a directional breakout. Maybe it was just me :D Hopefully this is the follow through down now.

Anyone else flipped between long and short a few times there? :D

Cant believe I fell for that pump and dump

It did drop below, but there are still the fib support levels around here too. What do you think?

Yeah the moves are pretty extreme today, I usually reduce my position sizing to account for the moves, but today seemed like it would be an easy day to short at first.