Challenge of Weekly Profit trading Futures

good first hour. 47 r/t, a bit high for my liking but I'll take this. $1,227.15 net.

(did not trade yesterday, was on sim to ensure renkos working best).

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Overnight said:
I am thinking it doesn't really matter. He traded the instrument opposite the way it trended, and got burned. Isn't that the crux of it? :)
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Overnight,

I don't know how I should take this reply as, well I will just take it as a normal reply I guess.

I was just curious if he traded NQ because it was really good day today for NQ, and I'm kinda shocked how he would have missed it, as he is a good trader as per part results.
 
Trade4gainz said:
Overnight,

I don't know how I should take this reply as, well I will just take it as a normal reply I guess.

I was just curious if he traded NQ because it was really good day today for NQ, and I'm kinda shocked how he would have missed it, as he is a good trader as per part results.
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Yes. It was a really good day for NQ if you thought that after last night's formal announcement by Trump, today the NQ would fall big time at market open. After all, all the technical signals were there, yes? So you go into the day thinking "I'm going to short this thing. Nobody likes this trade war." Except, the exact opposite happened

They hated it yesterday, but LOVED it today. So all analysis went out the window. Nothing made sense. And there have been articles written about it ALREADY, trying to explain why US, Euro and Asian stocks are all screaming forward today and tonight. Yeah, gotta' love TA.

Go go theory!
 
Overnight said:
Yes. It was a really good day for NQ if you thought that after last night's formal announcement by Trump, today the NQ would fall big time at market open. After all, all the technical signals were there, yes? So you go into the day thinking "I'm going to short this thing. Nobody likes this trade war." Except, the exact opposite happened

They hated it yesterday, but LOVED it today. So all analysis went out the window. Nothing made sense. And there have been articles written about it ALREADY, trying to explain why US, Euro and Asian stocks are all screaming forward today and tonight. Yeah, gotta' love TA.

Go go theory!
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Hahaha good for me that i dont even look at news. I only trade price actions. If news made trade decisions to be profitable i guess no one would ever fail at trading. I wake up and look at price then trade, i didn't even know about the trump thing you just mentioned until just now.
 
Overnight said:
Tokyo, China, Hong Kong...Look at what is happening to them right now. They are Alfred E. Newman, man. "What? Me worry?"
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I would rather not look at them, as it may affect my trading decision, because news may say go short but it works opposite, when i want to follow my thoughts or price action the news will ask me to think against my strategy. so i would rather not check.
 
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