Quote from jas_in_hbca:
are you always fading the trend at S/R ? Do you trade breakouts with the trend ?
How about posting a chart with notes and showing your exact entry and why you entered at that time ?
Hi jas_in_hbca, thanks for your post, sometimes I fade sometimes not, it depends on the timeframe you consider, I use mainly long term S/R from daily-weekly-monthly charts and try to trade intraday with them, but I also connect high and lows of the last few bars on daily-weekly-monthly charts, so it is a mix of long term and short term S/R, so it happens often that I'm fading the intraday trend but not the main trend, I never tried to trades breakout, yes I know what you mean, trading breakout with trend helps trading with trend.
this last few days I was very nervous with my trading and I found myslef out of control, and must fix it...
anyway I saw on your old posts that you trade NQ intraday, I really have problems with when to take profit, I'm more inclined to letting my trades run, but often I see profits and give it all back like yesterday, so maybe trading with 2 lots would be better, but I'm not sure this is a good thing becasue with two lots when you are stopped you lose twice, maybe you have some advice on how to take profit.
I should post charts with comments, but there is a problem with tradestation it doesn't let me write on a chart with my indicators running, I will fix it and try to do it.
