Chronicles of the NQ
- Thread starter Instynct
- Start date
+230
What a sick day and congrats to those that made money today.
At around 8:30 pacific time I was down -85 net and thinking I was going to call it a day. About 20 mins later we started selling off and broke near term support, game on for me. I managed to turn around what would've been a losing day into a profitable one. The pullbacks were sharp and felt like it would never end, and so it took out my trailing stops. But the market gave me the opportunity to be green for the day so I can't complain.
Fills on the order book are set to Chicago time.
What a sick day and congrats to those that made money today.
At around 8:30 pacific time I was down -85 net and thinking I was going to call it a day. About 20 mins later we started selling off and broke near term support, game on for me. I managed to turn around what would've been a losing day into a profitable one. The pullbacks were sharp and felt like it would never end, and so it took out my trailing stops. But the market gave me the opportunity to be green for the day so I can't complain.
Fills on the order book are set to Chicago time.
gmst and cornix, thank you.
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Real quick on what happened today. Prior to market open I posted that I believe price needed to hold support @ 2800 for it to head higher. And in fact price not only held it but didn't even touch it, which is bullish. Furthermore, ES held daily pivot which adds to the bullish sentiment. But for some reason I kept shorting the lows of the range, "blindly thinking that support will break" before it does. Those words are in quotes because they are my words spoken on here last week, yet I went against my own rules. So to reiterate, the rule is this: "Never, ever sell into solid support, or buy into solid resistance". You either buy with the support or sell with the resistance, or wait for a clear break. If there is one rule of mine that I break the most, it's this one.
****************************************
Real quick on what happened today. Prior to market open I posted that I believe price needed to hold support @ 2800 for it to head higher. And in fact price not only held it but didn't even touch it, which is bullish. Furthermore, ES held daily pivot which adds to the bullish sentiment. But for some reason I kept shorting the lows of the range, "blindly thinking that support will break" before it does. Those words are in quotes because they are my words spoken on here last week, yet I went against my own rules. So to reiterate, the rule is this: "Never, ever sell into solid support, or buy into solid resistance". You either buy with the support or sell with the resistance, or wait for a clear break. If there is one rule of mine that I break the most, it's this one.