Nasdaq Futures NQ Trading Diary

14 wins (77.77%)
1 no trade (5.55%)
3 loss (16.66%)

18/100

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would have been sweeter if I hadn't taken some rubbish trades earlier

17,000 is on my watch list

Would be great to get a dip lower

Would you mind sharing how you have your 3 micros bracket set up?..

no problemo

Fab, thanks!

Get ready for 16500, 17000 etc.

not saying it will happen today, but we're in a new trading range

15 wins (78.90%)
1 no trade (5.26%)
3 loss (15.79%)

19/100

Trading ranges and support levels. It is Friday so I am trying really hard not to give any profits back today. There are also COVID news stories of Euro lockdowns, so things could just as easily turn bearish. Macro fundamentals point to higher prices but timing is everything.

nothing worked today.
Things that I should be more clear on from next week include. If the breakout comes back under the signal candle and closes lower into the IB, I need to close out.
Not to diddle in between the 50% and the IB High and Low, just the clearly defined levels.

Levels include.
• Algo Line
• London Open
• IB High
• IB Low
• IB half way back

If Fed speakers or Tier-1 data which includes Treasury Auctions are in the calendar either wait for the news to pass or don't trade at all.

Big Fat Loss

15 wins (75%)
1 no trade (5%)
4 loss (20%)

20/100


To make it worse, I had built up a load of equity on the micros and then gave it all back on the mini's.
So from now until the end of the year, no mini's for me!

16 wins (76.20%)
1 no trade (4.76%)
4 loss (19.01%)

21/100

Got to trust the process, but also be aware of the news. There was nothing on ForexFactory Calendar about Biden calling for Powell over Brainard today. But it happened.

Ok now I wish I had held

Initial Balance today will be a crucial piece of info


Holiday week, so expecting some position squaring, taking of profits, but also some feckery and algo madness.

Just back from a break with family and catching up with your posts

With you on that. I'll trade no more than 2 attempts of an IB break, whether the 2nd break is in the same or opposite direction as the 1st break. Thanks for your continued posting.

when the breakout works, it works really well. So with that in mind, there is little point trying to catch every possible set-up in one session. I'd definitely be better off just taking one or two attempts. Also on a quick backtest, by the time I am at the 3rd attempt, assuming it works, I am only getting to scratch for the day if I keep the PT at the 50% IB extension. So another reason to take fewer trades.

yes, it does - it's the temptation to 'fiddle' that catches me out

..i like the 3 micro bracket, thanks for the idea. I fluffed the first entry by not waiting for a 5min close below the IB but took a few ticks. The 5min close appeared shortly afterwards.

17 wins (77.27%)
1 no trade (4.54%)
4 loss (19.04%)

22/100

I find it weird when it reverses at the level. It has to be an algo trade, surely

it won't always be like this, so a level of sophistication with regards to monitoring the news, scheduled, and headline. Monitoring the volume points of control, the algo line, the London open, is very key.

..given the algo line wasn't far from the IB break (long) and the fact that the level had turned from support to resistance throughout the London session, i decided not to take the first IB buy setup.