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 […]

Short position of NQ was established when NQ first pulled back to 18 MA. Stop was moved to break even point after 1.5-R gain. Subsequently, I trailed stop twice to protect profit. Position was closed with 1.83-R gain. Trade summary Short below low of 15th (10:20am) candle @1798.25 which was the first pull back of […]

Long position of NQ was established above 935am candle which is right above upward trending 9-MA. Stop loss was moved to break even point after 1.5-R gain. Well, I got stop out with 0-R gain. Trade summary Long above second bar high which was the first pull back of current trend cycle Initial stop loss […]

Long position of NQ was established above high of 6th bar. I scratched the trade when it closed below 5 an 8 MA. One trade closed with -0.66 R loss. Trade Grade: Trade score: 4: Out at a different price from stop, but a losing trade Execution score: 2: Followed trade entry, but closed out […]

Long position of NQ was established above 9th bar high. I closed that position at 17th bar, with 2.09-R gain (+6.5 points in NQ). I closed the position at Fib extension 38.2% as it is 2am in Singapore. That’s a better way to end the week. Trade score :1 – Target hit Execution score: 1 […]

This is a wrong demonstration of dummy trading. This is not a valid setup. I got in E-mini Nasdaq 0900am chicago time above 845am candle. The entry was made after crude inventory report was released. It was a buying climax. It went up in my favour and end the 15-min candle in red. I was […]