Trading the e mini nasdaq

Hilarious JT Wednesday still Wednesday wife day or she'll pull me back and I will take a loss now that's horror

DIdn't have time to trade today, but seemed pretty nasty when I glanced the charts. Nice, that you ended positive. Did you trade CL with the same style too?

Better to keep wife happy, that's a strong trade

By the way, have tried trading bigger than 1-2 lots on NQ. Do you have feel, does it fill for 5-10 lot's on these setups?

If it trades threw price I am sure you get filled

Thank You Divergence for sharing Your trading videos, very interesting! I subscribed!
JT, I trade Crude Oil futures too (oil is my favorite ), and I try to pass this style to oils charts. I use R|trader Pro, I know, it's not too good platform for charting, but it's free. I use it with an AMP MT5 (it is free too, but without volume/tick chart capacity), where I can made time based analysis. I trade EU and US session too.
If You or Anyone have experience to trade Oil with this trading style, please share.

My primary entry method remains a "standard" pullback entry - I posted quite a few charts, all variations on the theme, on Harold's Flag Trading the Trend thread. Others posted all sorts of interesting variations : for example, I always found ddaytrader's approach usefully different & helpful.. and if you like wave counts, The Cableguy is always there to help

On that thread, one of H's entries was a "pullback to the 2 point", ie. the 123 formed, triggered... and the entry was on the pullback to the break point (the 2 point). The latest development here - the best so far imho - is a "pullback almost to the 3 point" (it's basically a pullback to 1 tick above the bar that thrusts off the 2 point). I hope H's videos make this clear - if not, perhaps he still plans a webinar (H ?). Back in 2008, I once remarked to H something like "The Holy Grail would be entering trades at the 2 point"... this is about as close as it gets & is worth hard work, time and effort to grasp.

Anyway, I'm blathering on waiting for some London Open setups that have not yet appeared : I am NOT going to post any regular pullback trades as imho that's for the other thread and I don't want to distract the single pointed focus of this thread (I think it would be great if we all only focus on H's current method here, to avoid distraction...). I am very slowly introducing these entries myself (which should work on other markets btw), but it requires a certain kind of courage to place the Limit order in advance like H does (what's in that vape machine, H !?).

Lastly, I just noticed I've received a few PMs recently - please forgive me, I don't normally check them and have the email alerts turned off : I def prefer any questions in the thread for all to see, as others may want to know the answers (and prob already answered many times on other thread). In the final analysis, we all have to make any method our own, with whatever variations we feel comfortable with, trade in SIM till consistently profitable, then make the big leap Live. Pick yourself up, rinse and repeat until it works. Most methods are simple - this one certainly is - but trading is never easy because of the psychological aspects, which all boil down to fear of losing and screwing up as we try to prevent inevitable losses. Funny how little we talk about that...

Here we had one short. Due to different timezones we are I think, it's possible to trade H's plan also on European times. Movements are slower but the principle is the same.

Nice trade, td : what are you using to establish your exact point of entry (if different to H - or was your entry with a Limit order @ 5051.25 ?) & how long did you hold, please ?

I thought it like this. I try not to change anything at the moment just copying H's method when testing this in SIM. Changes might come later, prob having one runner. Don't know yet.

Entry price at the yellow line, 5053. There was no really nice thrustbar at the point 3, so took it near the turn. I think I have seen few of this on H's vids.

BTW: Yes, setting limit order feels kind of counterintuitive. But I think it's a good thing

great work td .. think there was a signal prior to this as well:

TD you entry was correct the place you took entry is where price shot down from also if you look at Erasmus chart there was and entry before hand and yours was the second trade both would have gotten you some profit

Thankx!

Erasmus: I looked for entries after London open, so that's why didn't mark those earlier ones.

a pretty good day

fantastic job Harold .. very informative.

I revised to +1 when it broke the upside by a tick .. won't make that mistake again:

out of interest this one didn't fill for me more's the pity:

It wouldn't have filled me either just touched and down didn't have a chance anyway was just getting tapped out at +1 On that guy

Not bad for a boy from the Bronx...

Thanks harold - great stuff.

Oh wow!

Not the easiest day to begin with, but here we can see the almost automation in action, how to take the trades and especially how to manage them.

Have you ever had net minus day?

You constructed a plan with a edge, you trade that plan, the market rewards you. Plain and simple. Repeat, repeat, repeat. Good job Harold.

N.