• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

  • Home
  • Start Here
    • Back to Basics of Trading
    • Resource For Traders – The Best Tools for Traders
    • Learn Trading Articles
    • Sierra Chart Resource
  • Blog
    • Blog Posts
    • Other learning resource
    • Dummy Collection
    • Harmonic setups
  • About Me

Trades that got away 20-December-2006: NQ Long

by Gav Leave a Comment

I continue my paper trading today. Long position of NQ was established above 950am candle. Trend chart was up, only long position was considered. Trend chart is referring to my trend evaluation system which is built in longer time frame.

Minimum target was set at Yesterday’s high 1814.5. It was hit. I moved the initial stop loss to break even level. NQ failed to continue moving up. I exited the position at the open of 1025am candle when the previous candle (1020am) closed below moving average, and it was also the forth candle which failed to exceed last swing high.
One trade closed with 0-R gain.

[photopress:NQ5mingotaway.jpg,full,pp_image]

Filed Under: Trading Journal

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Tools For Traders

Recommend FX Charting

Footer

Recommended FX Charting

Recommended Training

FXSAnalytics
Price Action Course for Professionals

Copyright © 2025 · Affiliate Disclosure · Privacy

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok