My nq price action method

Quote from wwatson1:

No, im just making an observation as it is starting to trade below 50 ma, I dont guess I just follow the general trend
That is what I was doing when I gave the areas I would look at to make trading decisions, as db says you have to have a plan before the market opens and watch what price does at those areas and then make your decisions>
 
Quote from wwatson1:

The problem is your areas are subjective and so is your decision making at the time of trade
Not sure how you can tell my trades are subjective since you don't know what trades I
I've made or what my system consist of and from what I've learned so far nothing is 100% so of course some of the trades and support and resistance lines are subjective!
 
Quote from wwatson1:

So its mechanical then?
no it's based on price action only but depending on the lenght of the move I would not take every trade. If your interested I would be happy to share some of the details but most of it can be found when I post in my journal at night and circle the best trades of the day.
 
the best thing I've learned is that nothing is 100% and it's ok to take a loss but I need to take the best set ups within my system and I have a target for my 1st contract and i let my 2nd contract go until I get a signal to close it .
 
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