Trading the e mini nasdaq

In effect, what is going on here is you are trading a Fibonacci retracement of 76% or 88%. That is basically what the setup is giving you with a tight stop and then micro manage the trade.

LOL !!!! Harold bailed out of the room LOL !!!!!!!

People said he went RUNNING ON FUMES !!!!! LOL !!!!

What's funny to me ForexOracle is that such a wonderful trader as yourself feels it necessary to be in a forum.

i think today's session was fine. nobody wants to take trades in a crappy market and that's what we had in the 1st hour.

i've lost a lot of money in the past chasing things that just aren't there.

I like the logic behind the trades, but I will not be paying for the chatroom. I'll contribute to the forum.

Yep. I think we traded today perfectly!

LOL !!!! This kind of "incidents" are priceless and thats why I still come here in FF once in a while.

OMG !!! That was really funny, the guy just bailed out, one more story to my memories as a trader of the online era !!

possible 2B, then back up to 5339

sorry guys a misclick when I was removing the website accidently click room off tried to get back in and I didn't know if it was. ok now on to forex oricle aka glen I don't do this but its time since you have come here you only have crap to say so as of now as the umpire in a ballgame would say to an unruly manager YOU ARE OUT OF HERE

ok hes done guys so heres the thing its not a chat room its a trading room and you should not be chatting but trading that's the whole point. if you want to chat you can do that on Skype this is real traders trading real money real time just like a job is not a place to chat but to work

buy limit 5337.25

I'd like to go for a 123 buy but the weekly vwap 5339 concerns me.

Hey H dog.

About them 5 point increments.

A while ago (maybe 6 years ago?) i read a research paper about how 30% or so of the volume in FX is around the round numbers like 100, 200. They ran statistics on the volume coming form the major banks which in total held about 70% or so of the markets FX orderflow. Considering how we generally seek the mental path of least resistance, this made sense to me. Did some tests back then and its been a staple in my trading ever since.

My interpretation of this after looking at charts is that they could be used as exit targets as well as a for a little directional bias. Translated to the NQ, 5 point price increments seem to be good for sub 300vol bar charts. Taking entries from recent pullbacks after a break look good on the NQ. Holding trades to the first visit of the price looked good as well. I say look good because i just looked on the NQ charts. Looked at 20 or so days using 200vol bars between 9:30a and 10:30a. Nothing conclusive yet still just an idea.

yes LG getting a buy or sell signal at them seems to be a good place to hold to next one. but if in the middle you would need to see how much can be gotten where you enter also don't want to not take a setup but it is an interesting area for sure

longterm 123 buy, retest 5339

buy limit 5340

scaro as you can see price has gone really no where today now it might have to do with trump speaking tonight I don't know but if it now moving I aint tading

Trump only speaks in about 9 hours time, right?

yeah, but I get a feeling it'll hit the top of RTH opening range

Trump's speech will touch quite a fair bit on healthcare industry, so I expect the Nasdaq to be very volatile. Cheers to all.

didn't get filled, cancelled order

done for the day +5. maybe after lunch