5 replies to this topic

[NAV]

On my NQ position at 1879 for 15 points loss. Bearish setup invalidated with a hourly close above 1878.

[denleo]

The reason I respect your trading the most is not because you are right most of the time (and you are), but because you are very disciplined and you take your losses honestly. Good luck on the next trade. Denleo

[NAV]

The reason I respect your trading the most is not because you are right most of the time (and you are), but because you are very disciplined and you take your losses honestly.

Good luck on the next trade.

Denleo

Thanks Denleo. There's always another trade.

[GOOSE2]

Can't win them all, Mate. Thats trading, good luck next time around. I think we all have times when Miss Market isn't doing what we think she should do. Thats women for ya. I had that a couple weeks ago, I just didn't understand what was going on. So I didn't put a trade on for 48hrs. Now she's back on my groove again. She'll come around for ya.

[jjc]

On my NQ position at 1879 for 15 points loss. Bearish setup invalidated with a hourly close above 1878.

Thanks for posting. There is no substitute for a real time post IMHO. I'm sure you will keep your powder dry
untils the odds are with you and good luck on the next one.

[greenie]

On my NQ position at 1879 for 15 points loss. Bearish setup invalidated with a hourly close above 1878.

Hi NAV,

There is this three year long trendline that was already touched by SPX and MID last week, but NDX was lagging. Today the line was touched by NDX. If you see intraday volume, it was mostly low, but as soon as the line was reached, boom came volume (check QQQQ or QID intraday). NDX 1471 (cash) is where the line is now. May help set up a low-risk IT entry. TRINQ is high all day. OEX boys are going crazy.

Best,
Greenie