Trading on "Instynct" (NQ)

Quote from Alcoeus:

Nice trading Instynct! Do you find you prefer to trade less now (<10 trades/day)?
More...

Trading less is nice if we get days like what we've been seeing this past week. I'll take a couple setups in the morning and then a couple after lunch and I'm done.

Btw, the Sept 20th high is 2332.5 which is the exact RTH high on friday. I guess sellers were eyeing that level and so was I, so I scalped a couple longs after ES approached its Prev HOD first (got within 2 ticks and then popped) and targeted 2332.5 area.
 
I was all prepared to go along with the morning rally until the boys at S&P rating agency decided to pull the rug out from underneath us longs. I had no idea what or why we sold off, but I let what would've been a decent winner turn into a small loser. The way the market sold off so quickly like that, something was wrong and first thing that came to my mind was that longs that bought late were gonna puke it out. So I just hit the reverse button and rode the wave down for scalps.

Seems like profits are hard to come by lately and its just take whatever you can. Enough banter... here are the results
 

Attachments

You must log in or register to reply here.
Back
Top