Search results

I'm looking at my pre market prep work and as of right now I am looking to see where the nq is trading. What the big picture is and where we are at in the current trend. Also area's in the premarket that might have been support or resistance. Am I missing anything else?

the fact is we don't know all we can do is get out when our edge is no longer valid

Looking for a level that has been resistance or support in the past?

Today my method generated 11 trades, I know to some that seems like a lot but I don't have the stomach to hold through 10 and 12 point pull backs. The 1st trade is a long at 3510.75. 2nd trade is a short on the retracement at 3515.25. 3rd trade is a long at 3513.50. my question here is that it's...

Actually should have had 70 points trading 2 contracts, so I know I still have a long way to go but am becoming more consistent.

I managed to pull 38 points on the nq out of the market today. The problem is 2 times I had it over 50 but managed to give some back due to over trading!

here is the channel on the 4 hour, if this is drawn correctly 3600 could come into play

I realize I'm not in chat and involved with this but once I'm in a trade with a profit I use the latest swing high or low as my point to get out, my problem is when that point comes before I have a profit! Sorry to butt in niko:p

Lots of debate about the sla but in my mind every time it doesn't work at least in my case it's the trader not the system, today was a great example of the potential with this approach

Tick charts are much easier to read especially when you have a decent sized move in a small amount of time the tic bar will be several small bars instead of 1 large bar

most of us are in the same boat gears. I personally believe this is a valid approach especially if you combine it with amt and market profile is really good for spotting those areas that the trend might change. The funny thing about journals is that its yours and you need to proceed how you see...

On the weekly channel the swing low in October was 3309 and the swing low in February was 3415. Extend this trendline out and that is where weare right now

On the weekly you can see in October the swing low of 3309 and the next swing low in February is 3415, well if you extend that line we are sitting right on the lower end of the weekly up channel

looks like the top of the channel was a little lower than I had drawn:)

I did the same thing green. I saw 50 as resistance and didn't see the double bottom early and had a bearish bias all day until the fed

here is the 500 tick for today

not positive if I'm drawing this 100% correctly but we are above the mean so 3620 could be in the cards

Thanks for the latest PDF db. We really appreciate it.

Here is the 500 tick chart

pretty amazing on the 4 hour where the nq stopped today!