Blog and Rants

Long position was established above 1015am candle. I was looking a high low and continuation of uptrend. Trade did not work out as expected, I was stopped out with 1-R loss. Trade summary: Long above high of 10th candle (1015am). Initial stop was set below the low of 10th candle. Stop loss was triggered. One […]

I am trying to write a post every morning to prepare myself before start a trading day. Well, I am trying. Let’s see how it goes. Today I am a little bit late though. I am looking at NQ (E-mini Nasdaq-100 futures). From daily chart, 60-min chart to 5-min chart, I am still rather positive. […]

I am kinda frustrated. I just can’t concentrate on trading today. And well, I missed the entry around 1035am in NQ. That’s a very profitable entry.? Watching NQ making new highs without me. I call it a day now, stop wasting my time since I am not being myself.

Did I miss the forest again? By looking at the chart of NQ after closing bell, I “should have” earned couple more Rs “if” I hold on my position instead of moving my stop to lock in early profit. (I would have been stopped out also even though I only moved my stop to break […]

Long position of NQ was established when a new uptrend cycle formed. Observing the higher lows and higher highs in 5-min chart. This was an entry above opening range and facing yesterday high. I trailed my stop to lock in 1-R profit after the position was gaining more than 2-R and stalled at yesterday’s high […]

There were some swings in minutes chart of NQ. There was no clear trend, or should I say that the trend was changing couple of times, intraday. I had to be extra cautious and patient to stay out from being chopped around. I did not trade yesterday, however I saw some opportunities in shorter time […]