Trading on "Instynct" (NQ)

Quote from bmwhendrix:

From what I remember from your earlier posts, it seems that you like to see a morning range develop and play s/r off the top and bottom as well as Phod/Plod with guidance from the ES. I am sure there is more, however, what do you mean when you say "price gives a signal"?

Look forward to seeing you finishing off another winning week!
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When price breaks a particular high or low that I am looking at, that would be the signal and normally I just wait for the pullback and buy/sell into it. All within context of the market bias.
 
Quote from Rashid_G.:

Instynct.. I will add something to the topic.. fading price levels seems best in chop conditions where there is not much momentum to break anything.. Once price leaves and is in full flight waiting for the reversal a better idea as fast markets easily overshoot levels.

so.. SLOW CHOP (10pts or less).. fade levels, better in probable direction.
FAST MARKET.. wait for reversal as reversals will tend to follow-through.
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I wouldn't know when price is going to chop or trade in a box until after it happens. And if I did know, I wouldn't short the top of the box if the market bias is up.
 
Quote from Instynct:

I wouldn't know when price is going to chop or trade in a box until after it happens. And if I did know, I wouldn't short the top of the box if the market bias is up.
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you trade too much, and make too little
 
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