Plan the Trade

two trades this morning, first was a mistake even though it netted plus 16. more anticipation of 123 than seeing it. regardless added a
second on a valid signal and netted another plus 28T chasing that old woman around. she was pretty quick this morning. taking a break from
it to see where the dust settles.
regards
goma

I think the YM is more of an old woman - often dries up real quick. But the last couple of days man, the stops. Too big for my pocket book.

NQ still churning out 2 day

Gradually losing the crutches - done away with MAs, i still find MACD very useful and will hold onto it for now.

Short from the zero line cross and out at the first 'kink' for +231.

got 10 net wins this week i cant remember last time that happened

Genuinely pleased for you. I sat through the past 2 days wishing I could afford the stops. Got slapped in the face on Monday, & flatly refuse to let it happen again. I'll wait until it quietens down a little.

no trades for me on friday. two quickies this morning. plus 18T and plus 11T. first one typical pullback on 123, second one been experimenting with
additional indicator on suggestion by a friend, cumulative delta (you can look it up for details) basically showing ask/bids and what is being hit.
like I need another distraction while concentrating on setups, indicators have been somewhat of an anathema as the force
is still weak in detecting trade setups due to the speed of the market conditions. this one I will test a bit.
at any rate, trades below.
regards
goma

the streak continues caught 1 at the buzzer for the 2nd win

Begun a new strategy today focused on short bursts of momentum in the continuing journey to pure PA trading.
SL to +10 at +15 but trailing manually within that bar if momentum allows. Dropped down to micros - useful for 'jobbing' when time in front of the chart is limited.

streak has come to an end flat

You have done an excellent job mate. Can't for the life of me think how with macd crosses, but respect is due. Especially as you have posted your account info.

Big

Thanks for the encouragement! The MACD is a bit of a red herring - still find it useful, zero crosses, trend info, strength etc but with this 'jobbing' approach, find i'm fixated on current structure, candles that close at their lows/highs, the pause straight afterwards (if at all), price near an RN?, 50 level can be tricky etc - and then once in, move stops to b/e+2or3 asap and then at +15 lock in 10-12 if it pulls back - we know NQ can motor in one direction for a few minutes with minimal retrace and there's the gravy..manually trailing closely behind the momentum.

Noticed pre-market was more active so gave it a try and similar stats emerged..

..carried on and thankfully maintained the stats - it's made me look at Weds in a different light, like H i've tended to avoid trading on Weds.

Noeyedear, looking forward to reading your strategy. Looks like it takes lots of trades, but a very high winning percent. Well done.

Here are some of the better setups, def worth waiting for the candles that close near their highs/lows for the follow-on with MACD acting as decision support. I'll be working on reducing the #of trades in time. Hope you all had a good day - i wasn't at the desk to get involved.

first trades since monday where I had a pls 15T and minus 20T. too many family distractions this week. sister in law went in for surgery (cancer)
so tough to concentrate on very much. took 2 plus 7T this morning, but cut them short when I found my mind wandering. simple 123s. went back
and looked at a cumulative data chart (did not have it up when trading). the jury still out if this will be a help or something to distract in this style
of trading. definitely could be useful for swing trading.
regards
goma

Thoughts/prayers out for your sister-in-law and family.

thankyou, it is very much appreciated.

praying for recovery. 8 winners this week

..a pre-market 'Hidden Gem'..