NQ-nalysis - Index Futures Trading | futures.io
futures.io futures trading


NQ-nalysis
Started:September 2nd, 2014 (04:42 PM) by tturner86 Views / Replies:37,845 / 666
Last Reply:December 29th, 2016 (02:03 PM) Attachments:579

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 579  
 
Thread Tools Search this Thread
 

NQ-nalysis

Old   #411 (permalink)
Market Wizard
Parsippany+NJ/US
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures
Favorite Futures: NQ, CL
 
chipps1983's Avatar
 
Posts: 1,445 since Jan 2015
Thanks: 3,076 given, 1,756 received
Forum Reputation: Legendary

Took trade with 1 point loss.

Watching now..

-------
Chipps
The First Aim Is "Survival"
Second is "Consistency"
Attached Thumbnails
NQ-nalysis-2015-02-06_channel_within_channel..png  
Reply With Quote
 
Old   #412 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary


chipps1983 View Post
Watching now..

I wouldn't be selling yet...

Reply With Quote
 
Old   #413 (permalink)
Market Wizard
Parsippany+NJ/US
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures
Favorite Futures: NQ, CL
 
chipps1983's Avatar
 
Posts: 1,445 since Jan 2015
Thanks: 3,076 given, 1,756 received
Forum Reputation: Legendary

I am done for today.



chipps1983 View Post
Watching now..

I am done for today. Happy Friday. Will Come with a fresh mind on Monday. Meanwhile will create my journal and my trades so far.

Thank you Turner for creating this thread and to Big Mike for this forum.

-------
Chipps
The First Aim Is "Survival"
Second is "Consistency"
Attached Thumbnails
NQ-nalysis-2015-02-06__i_am_out.jpg  
Reply With Quote
The following 2 users say Thank You to chipps1983 for this post:
 
Old   #414 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary


chipps1983 View Post
Watching now..


tturner86 View Post
I wouldn't be selling yet...

You had the right idea, just wrong risk.

Reply With Quote
 
Old   #415 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary

Futures Edge on FIO

Which products do you trade?

 

chipps1983 View Post
I am done for today. Happy Friday. Will Come with a fresh mind on Monday. Meanwhile will create my journal and my trades so far.

Thank you Turner for creating this thread and to Big Mike for this forum.

The correct risk, would have been above your trendline.

Reply With Quote
 
Old   #416 (permalink)
Market Wizard
Parsippany+NJ/US
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures
Favorite Futures: NQ, CL
 
chipps1983's Avatar
 
Posts: 1,445 since Jan 2015
Thanks: 3,076 given, 1,756 received
Forum Reputation: Legendary


tturner86 View Post
The correct risk, would have been above your trendline.

Thats correct. I took risk that I could offer for today. Also, I didn't wanted to give profits of my weekly earnings and on last day. I am waiting for my profits to grow since I more intrested in positional trading following EMAs and trendlines.

-------
Chipps
The First Aim Is "Survival"
Second is "Consistency"
Reply With Quote
 
Old   #417 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary


chipps1983 View Post
Thats correct. I took risk that I could offer for today. Also, I didn't wanted to give profits of my weekly earnings and on last day. I am waiting for my profits to grow since I more intrested in positional trading following EMAs and trendlines.

If you weren't willing to take the correct risk for the trade, then you shouldn't take the trade. Also P/L of the day, week, quarter, or year shouldn't affect your decisions or reasoning behind the next trade. Not saying that it doesn't or won't as we are all human. But we have to work away from worrying about the P/L. It is better to trade for process then profit. Because if you have the correct process you will be profitable over time. Which is what really matters in the end.

Reply With Quote
 
Old   #418 (permalink)
Market Wizard
Parsippany+NJ/US
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: Infinity Futures
Favorite Futures: NQ, CL
 
chipps1983's Avatar
 
Posts: 1,445 since Jan 2015
Thanks: 3,076 given, 1,756 received
Forum Reputation: Legendary


tturner86 View Post
If you weren't willing to take the correct risk for the trade, then you shouldn't take the trade. Also P/L of the day, week, quarter, or year shouldn't affect your decisions or reasoning behind the next trade. Not saying that it doesn't or won't as we are all human. But we have to work away from worrying about the P/L. It is better to trade for process then profit. Because if you have the correct process you will be profitable over time. Which is what really matters in the end.

Thank you for suggestion. I will definately keep in mind that it should not affect my trading decision.

-------
Chipps
The First Aim Is "Survival"
Second is "Consistency"
Reply With Quote
The following user says Thank You to chipps1983 for this post:
 
Old   #419 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary


chipps1983 View Post
Thank you for suggestion. I will definately keep in mind that it should not affect my trading decision.

We all go through different stages. Even professional and successful traders still face the same issues that we do. They have just developed a way to deal with it, and process information correctly to help them manage their trades better.

Reply With Quote
 
Old   #420 (permalink)
Webinar Host
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,542 since Sep 2013
Thanks: 9,629 given, 10,660 received
Forum Reputation: Legendary


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


I am waiting to see today's close. Doji's or small down days have lead to reversals back into the range.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Tested the 20 EMA on the daily chart, we hit the upper TL on my hourly.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Lows of yesterday and today are above the 5 SMA an near the top of the channel.

My overall bullishness is turning neutral. Today's close will determine my outlook for next week. I will most likely close my current trade at the EOD today. Current stop is 4212 below Y-Low. I believe if that is taken out then my up idea is in trouble.

Reply With Quote
The following 2 users say Thank You to tturner86 for this post:

Reply



futures.io > > > > NQ-nalysis

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

Bookmap New Indicator Panel, Cumulative Delta, Order Flow demo

Jan 17
 

An Afternoon with FIO member Massive l

Elite only

Leo Murphy: Making sense of Technical Analysis and Random Walk

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Elite ES SP500 Spoo-nalysis tigertrader The Elite Circle 35610 January 13th, 2017 02:11 PM
CL Crude-nalysis indextrader7 Commodities Futures Trading 227 November 5th, 2014 12:47 AM
NQ traders let's talk! JustJoe Index Futures Trading 15 May 16th, 2014 02:34 PM
IQFEED: @NQ# vs. @NQ#C a2trader Brokers and Data Feeds 3 September 22nd, 2013 06:42 PM
NQ 7/2/2012 sdonahue MTPredictor 0 July 2nd, 2012 11:12 PM


All times are GMT -4. The time now is 03:20 PM.

no new posts
Page generated 2017-01-16 in 0.16 seconds with 20 queries on phoenix via your IP 54.205.13.200