Trading on "Instynct" (NQ)

Quote from Rashid_G.:

How reliable is this? There HAVE to be other enablers?

Granted (i don't rely on fibs in a vacuum) but such as?
Can you completely discount well-known fib ranging while trading?
 
Quote from jackson222:

Can you completely discount well-known fib ranging while trading?

Have never used fibs in trading.. Many swear by them though I find it difficult to use what is borderline superstition.. There are enough fibs price is bound to stop at one of them.. BUT if enough believe in them...

Could be why I trade poorly..
 
Quote from Rashid_G.:

Have never used fibs in trading.. Many swear by them though I find it difficult to use what is borderline superstition.. There are enough fibs price is bound to stop at one of them.. BUT if enough believe in them...

Could be why I trade poorly..

Do you have something better than the "superstition" of what everyone else is using?if everyone uses it, is it "superstition" or prophecy (self-fullfilled)?
 
Quote from bmwhendrix:

That was just a test of the 2393 pivot. Nothing more, nothing less.

call it what you wish should have shorted that "pivot" made your month? and then some..
 
Quote from Rashid_G.:

Good trading... Do you consider "what's going on" overall to assist in confirmation?? Such as Monday was down and with Tuesday "tending" to show strength AND AAPL earnings due??

Tried with NQ a while back and failed miserably and will start trading it again.. hope to start posting some trades next week... Generally I am looking for a cut of volatility... 30 min to 3 hour trades.. goal to be VERY selective..

I mostly just focus on what the market is doing around key price levels, across various time frames. I like to watch ES along side NQ, but sometimes I'll glance at other markets that might be getting alot of attention like oil or aapl. Setups and entries are found on the intraday chart.

Good luck next week.
 
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