Dear diary,
Long position of YM was established above high of 4th bar. However, I was stopped out. One trade closed with 1-R loss.
I will stop trading for the day and continue writing my business plan.
Is the trend up or down? Would you be looking to get long or short this futures contract? Trend is up. [...]
I saw an opportunity for quick scalp. That was not a dummy trade, and that was why I left it out. After opened with a gap down, NQ gathered strength again. I was watching it closely when It closed above OR(opening range) and Fib extension. This shows some positive signs to me. Possible entry would [...]
Dear diary,
It was an interesting day. All indices in my watchlist were having opening gap down. And….you know, I thought they might be a couple of short trades. It went up and filled the gap.
The only potential candidate was NQ. I was watching it closely when it moved above OR(opening range) and above Fib [...]
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