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Dummy day trading #57 14-Feb-2007: NQ Long trade closed

by Gav 9 Comments

“What do you want?” I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So I decided to wait for bollinger band expansion in 15 minute chart before deciding to go Long.

Finally, long position of NQ was established 10:05am when NQ broke out from flag, which was also the first pull back of new uptrend cycle. However, this entry was kinda toppish. And CBL trailing stop was triggered.

One trade closed with +2.01 R gain. It should be a multiple R trade, but “What do you want?” Be bold, or want more confirmation? Confirmation costs some money though.

14 Feb 2007
14 Feb 2007

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading E-mini Nasdaq, Trading Journal

Reader Interactions

Comments

  1. Stephane says

    at 5:29 pm

    Congratulations on your trades this week, some pretty impressive numbers !!
    Best,
    Stéphane

    Reply
  2. Stephane says

    at 12:29 pm

    Congratulations on your trades this week, some pretty impressive numbers !!
    Best,
    Stéphane

    Reply
  3. Gav says

    at 12:06 am

    Stephane,
    Thanks! I am glad I can catch some moves in NQ.

    Hope you have a great week.

    Reply
  4. Gav says

    at 7:06 pm

    Stephane,
    Thanks! I am glad I can catch some moves in NQ.

    Hope you have a great week.

    Reply
  5. Trading Goddess says

    at 4:30 am

    Happy Valentine’s Day! 🙂

    Reply
  6. Trading Goddess says

    at 11:30 pm

    Happy Valentine’s Day! 🙂

    Reply
  7. Gav says

    at 5:09 am

    @TG: Happy Valentine’s day!

    Reply
  8. Gav says

    at 12:09 am

    @TG: Happy Valentine’s day!

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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