Blog and Rants

I have no idea what’s going on with my Tradestation. I have an nice short setup of NQ around 1050am. My sell order was triggered, and immediately I saw some big loss figure in Matrix screen. It hanged, and suddenly showed me losses. That was not synchronized with what I was looking at chart. Without […]

Long position was established around 1041am (NY time), which was the first pull back of new uptrend cycle. This was the second time NQ trying to test last Friday’s high. I was wrong . Stop loss was triggered with 1 R loss. Since the second attempt of previous high failed, NQ seems to be trapped […]

It is a boring Friday morning. I was watching NQ till lunch hour, and decided to call a day. Here is the weekly review of my trading performance. I achieve my goal by having another profitable week. However, earning is still small. This is a week with full of events like FOMC meetings and Non […]

It is a choppy morning. After observing flag pattern formed, and the first pull back of new uptrend cycle, I took a long position of NQ Futures at the break of flag. It started nicely, however it stuttered after moving up around 38.2% from flag pole. I moved my stop to break even , and […]

Long position was established at 940am when a flag pattern and dummy spot were found. This is another pattern trade, so target is set by using the height of flag pole. Target was not achieve, however, it was near, I closed the position when uptrend seems to be weaker. One trade closed with +1.56 R […]

I start the year with new trading plan and focus on NQ futures (E-mini Nasdaq-100) trading and one setup. In total, only 10 trades were made this month. I closed the month with 5.31 R. Well, more works need to be done.