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  1. toucan

    Important reports reminder

    thanks
  2. toucan

    Important reports reminder

    thanks
  3. toucan

    Trading the NQ: Take 2

    see my pm
  4. toucan

    Trading the NQ: Take 2

    questions: how many monitors do you have how many charts will your trading/charting software display at the same time how many symbols will your trading/charting software display at the same time
  5. toucan

    Trading the NQ: Take 2

    ok... i can live with that :) but only if you pick one support and one resistance level to start with... maybe use the overnight high(resistance) and overnight low(support) or yesterdays high(resistance) and yesterdays low(support) i don't care which one i'm not saying these are the only...
  6. toucan

    Trading the NQ: Take 2

    i understand what you are saying, but wouldn't it be better to find that "one setup" that works first before ""so I feel as if I need other things to fall back onto, other trades I could take, ways to get into a move that I may have initially missed so look for some continuation""
  7. toucan

    Trading the NQ: Take 2

    yep.... thats right... I trade 3-4 hours per day and on average have 3-5 trades... its a waiting game that requires me to wait and watch for price to do those things that I watch for in a setup. the only advantage that I have over you is that i trade a dozen symbols, so i am constantly looking...
  8. toucan

    Trading the NQ: Take 2

    sounds like you are getting discouraged, you might try what some above have suggested... pick one setup only and decide how you will trade it (decide setup, how you will enter, and how you will manage the trade) look only for that one setup without all the market detail you tend to look for...
  9. toucan

    Trading the NQ: Take 2

    K P ..... did you take this pullback to the low of yesterday?
  10. toucan

    Trading the NQ: Take 2

    I have the same questions that bh_prop has????
  11. toucan

    Trading the NQ: Take 2

    while you were writing up this response, i was thinking of responding to your earlier chart... what I was going to say was: :) Seeing the small range today, I had my platform set up for 5 point targets. :) i didn't trade the nq today because of the small range prior to the equities open and...
  12. toucan

    Trading the NQ: Take 2

    I trade differently from many traders in that I use fixed length stoploss and not some level or swing point.... I got to this point after many years of reviewing my trading and I am very comfortable with it. it all comes down to what i am comfortable with max risk and profit giveback. I am...
  13. toucan

    Trading the NQ: Take 2

    oh yeah... did well on NQ but lost on non index trades so net was more of a breakeven today :( my overnight high is calculated from the highest price from first bar of the new day that started at 12:00:01am to the last bar at 4:59:59am just prior to the 5am pacific time futures open. You...
  14. toucan

    Trading the NQ: Take 2

    OK... here are my NQ trades... as discussed above, what i saw premarket was a lot of chop in a 10 point range, so I was looking for a breakout above the overnight high or below the overnight low. I know you don't want to trade with the trend, but thats what I do and you can see my trades below...
  15. toucan

    Trading the NQ: Take 2

    yep... bottom line is that you have to manage trades better.
  16. toucan

    Trading the NQ: Take 2

    we all trade different... for me the 10 point range you show is chop, so I would have only traded breakouts of that range, not reversals off the high or low of the range. just not enough space in the range to make money given a trader can't get perfect entries and exits.
  17. toucan

    Trading the NQ: Take 2

    one thing you might do before the open is "look" at a longer term chart 5min or 10 or 15... what ever you are comfortable with... when i looked, it looked like a lot of chop into the open which made me hesitate on any trades...and you had only 1 chance to short as price rose to the overnight...
  18. toucan

    Trading the NQ: Take 2

    :) always trade first and post later.... ALWAYS the first trade wasn't late.... it was so soon after the open, its almost impossible to get in any faster... nice trade the second trade you did good to exit at your stop... nice trade management.... be careful on your setups though, because you...
  19. toucan

    The Trouble With Scribbles

    actually, i find amt and what you put on your charts very interesting... I don't need to study what you wrote as I am a different trader than you... I find that sla is too lagging and too subjective, but thats just me and the way that i trade. and I wouldn't have continued posting, but you...
  20. toucan

    The Trouble With Scribbles

    and yet you continue to answer.... sorry wrong choice of words... you continue to respond
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