Trading on "Instynct" (NQ)

[jack411]

Quote from Rashid_G.:

Using 8 range or 5 mins for entry but I am a basket case when it comes to micro entries..

Hit Printscreen... Open Paint, paste from clip-board, crop as needed...
OR Download Screenshot Captor for free.. I use this and Snagit..

got it, thanks!

 

[artfartdart]

Quote from Rashid_G.:

Using 8 range or 5 mins for entry but I am a basket case when it comes to micro entries..

Hit Printscreen... Open Paint, paste from clip-board, crop as needed...
OR Download Screenshot Captor for free.. I use this and Snagit..

if you don't want to save the whole screen, left click on the particular GUI, and hit CTRL > ALT > PrntScrn

and the paste in paint.

 

[Instynct]

Light trading day, and once price hit my sell zone of 70.75 to 77 I had no more appetite to buy.

 

[Instynct]

Quote from artfartdart:

if you don't want to save the whole screen, left click on the particular GUI, and hit CTRL > ALT > PrntScrn

and the paste in paint.

Very cool, thanks!

 

[Instynct]

Quote from A-No1:

if you get stopped out lots of times your not swimming with the current are you?

you make good $ but you place far too many trades for a intraday swingtrader as opposed to a scalper. imo

Im not getting stopped out in the conventional sense of 'buy here, place a stop under x, and if price hits my stop then trade is invalidated.' That's not how I trade. And fading price doesn't necessarily mean you are going against the "trend". It depends what trend you are talking about.

 

[bmwhendrix]

Today

 

[jas_in_hbca]

Quote from Rashid_G.:

Do you have a frame-work driving your trades? i.e... is there something above that can validate a consistent direction to trade in? Whenever I don't or allow price wiggle to make me forget, losses show up..

My analysis is pretty much all subjective based on market structure. I'm watching HH/HL, TL, S/R and swing hi's and lo's and how price reacts near it. Price rejection is big for me.

I check different times frames for S/R and watch 30 minute opening range. Daily hi's and low and prior days as well. I like reversals ; failed b/o and pullbacks to S/R. Trading pullbacks in stronger trends is a weakness of mine that i'm working on.

I'm usually pretty good about being on the right side of the market but if a failed b/o fails then i'm learning to reverse quickly.

today i was hesitating a bit so missing some goods moves then getting in near end of trends or going in to chop.

I think that answer your question, right ?

 

[Instynct]

Long scalps, calling it a day.

 

[Rashid_G.]

My short bias hurting.. The long at 70.5 was to be held (textbook 1_2_3 entry), BUT! Don't know how BMW does it but trading has to have ALL of your attention. Jack of all trades doesn't work.. work or trade..

 

[Rashid_G.]

Quote from jas_in_hbca:

I think that answer your question, right ?

Yes.. Point I was trying to make is most traders would be better off sticking to one direction for at least half the session... Short, Long, Short, Long, Long, Short, Short... Messes with your head.