Trading NQ Using PA Only

From now on, I'll just post the blotter at the end of the day and people can pull up the chart and see what I did right or wrong.

It feels different trading and typing.
 
It seems that I did pretty good the last 3 months because the market was up and I was long. The last 2 days have been terrible so I guess I need to add a filter so that I do not trade on days like yesterday or today.

I was looking the TRIN and it was above 2 yesterday and above 1 today.

So if the TRIN is above 1, I'll pass on the trade.
 
Quote from Jander:

Why dont you reverse the setup and take short trades when they present themselves?
More...

I find it lot easier to get 8-10 points going long. Once we close below 880 in ES, I'll take short trades too but the set-up is a little different.
 
there was a long set-up at 9.27.

L 44
S 42
T 52.25.

TRIN-NYSE is above 2, so I did not take the trade which seems like a good idea because I would have been stopped out in the next 2 minutes.
 
Quote from eminitrader007:


TRIN-NYSE is above 2, so I did not take the trade which seems like a good idea because I would have been stopped out in the next 2 minutes.
More...

Why are you using the NYSE TRIN to trade NQ why not the Nasdaq TRIN?
 
Quote from eminitrader007:
I find it lot easier to get 8-10 points going long. Once we close below 880 in ES, I'll take short trades too but the set-up is a little different.

If you find the time, what's the difference in the short setup vs long.
 
Quote from deaddog:

Why are you using the NYSE TRIN to trade NQ why not the Nasdaq TRIN?
More...

Not sure....Nasdaq TRIN makes more sense.....I had used NYSE TRIN in the past trading so that was the only reason.
 
Here is another set-up.

L 52
S 50
T 61.5

NYT- 1.71
NDT 1.07

I'm NOT taking this trade....I'm in class and pretend as if I'm paying attention to the Prof.

Edit:
Trailing Stop: 51.5

Stopped Out: loss -0.5 pts.
 
You must log in or register to reply here.
Back
Top