Search results

  1. N

    From Developer to Trader within a bank

    I've been trading part time long enough to know that I enjoy it more than programming, and can see myself being happier spending the next 10 years trading than programming. Like you say though, programmers are the new traders, so naturally I wouldn't quit completely. Does anyone have any...
  2. N

    From Developer to Trader within a bank

    Hi, I have been offered software development places at 3 leading banks, and as much as I would enjoy them my aim is to eventually become a trader. I know there are many people here who have gone from developer to trader, and some who have done so within a bank so I'm wondering if anyone...
  3. N

    Newjack's NQ Price Action journal

    6e trades simple short at trendline. put up a fight at support and couldn't get through it. net +0.00045 / $56.25 per contract
  4. N

    Newjack's NQ Price Action journal

    CL trades price was retracing while bouncing around in a channel, so tried a short scalp at the top of the channel. exited early for breakeven, should have held until target. other short was break of channel and continuation of strong downtrend. net +0.34 / $340 per contract
  5. N

    Newjack's NQ Price Action journal

    nq trades, obvious entries but no big wins. trying a new approach to exits that didn't really pay off on NQ. net +2.25 / $45 per contract
  6. N

    Newjack's NQ Price Action journal

    NQ trades Didn't take any NQ trades today but posting this for the record. Not sure what to make of this. I was looking for to short in the highlighted area, but price broke through the trendline before showing strength to the downside then breaking to the upside, which looked like chop to...
  7. N

    Newjack's NQ Price Action journal

    CL trades need to work on discipline. took first long on break of W formation... ignored the resistance of the triangle and paid for it - stopped out. took next long on break of triangle like I should have, 1/2 off at resistance and tried to hold last half but exited early... Could have...
  8. N

    Newjack's NQ Price Action journal

    6e trades - Haven't traded 6e in a while... giving it another go. Took a short at bounce off good downtrendline, out for small profit. Took a long at break of trendline + last high, after a higher low. net +0.0012 / $150 per contract
  9. N

    Newjack's NQ Price Action journal

    NQ trades - took a long after breakout of triangle after higher low, and pullback to trendline. net +2.875 / $57.5 per contract
  10. N

    Newjack's NQ Price Action journal

    CL trades - took an impulse short against my system, regretted it straight away and managed to get out for break even.
  11. N

    Newjack's NQ Price Action journal

    took a long at breakout of triangle, missed my intended entry because of software problems, ended up chasing it a bit and moving stop up before I wanted to. Got stopped out. would have had a little profit if i got the entry right. -1.25 / -$25 per contract
  12. N

    Newjack's NQ Price Action journal

    damn it, shouldn't decide nothing's going to happen and shut up shop. Easy 10 pointer in NQ.
  13. N

    Newjack's NQ Price Action journal

    I should really change the name of this journal since I've been more interested in CL than NQ. Just one trade today - took a long at breakout of W pattern with higher low + trendline break. 1/2 off at 65.50, targetted 66 for the second half but didn't make it there, and got stopped out at...
  14. N

    Newjack's NQ Price Action journal

    Happy with my CL trades today, stuck to the plan even though the voice in my head was trying to convince me they wouldn't work. First short was breakout of double top at resistance line + trendline break. Took 1/2 off at next support line, where price bounced then went down again. Added to...
  15. N

    Newjack's NQ Price Action journal

    Another choppy day on nq. tried a long on something that looked a bit like a failed h&s + trendline break + bounce off 50% line. Had limited r:r so shouldn't have taken it... came out with small win. tried the short on breakout of M formation, stopped out. really should wait for the market to...
  16. N

    Newjack's NQ Price Action journal

    Wasn't able to trade this afternoon but posting this chart for the record.... A good example of tradng a retracement after a triangle breakout. The trade looked good because of the breakout, retracement to 50% line, small downtrendline break, and it looks like there's a small W at the bottom...
  17. N

    Newjack's NQ Price Action journal

    I did however make some cl trades... I didn't realise how good it is for price action traders. Took 1st short after breakout of uptrendline, also making the shoulder of the (slight misformed) head & shoulders pattern. Added to last short at breakout of rectangle in the strong down move...
  18. N

    Newjack's NQ Price Action journal

    No nq trades today, although looking back there was this obvious triangle breakout that puts into doubt my previous thought that i should wait for a pullback after such a breakout.....
  19. N

    Newjack's NQ Price Action journal

    Just one trade, was a little distracted. Took a long at 1492.75 because of bounce off strong trend line. Exited early because I didn't like the noise we were in. Clear to see afterwards that it was just bouncing around in a channel, and i would have had an ok profit if i stuck with it. -0.25...
  20. N

    Newjack's NQ Price Action journal

    Today's 3 trades - all losers, net -4.25 pts... great way to start thread :) First long I took because of breakout of small W at the 50% line of the last swing... seems like a valid trade to me, but stopped out for a small loss. Shorted the breakout of the triangle, then went long on the...
Back
Top