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e-mini futures trading

  #191 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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sometimes trading after open reminds me a game of chess.. every move has a meaning and an impact for the rest of the game. today it is not easy - nq has a bigger buyers in the game and it is worth joining them. BUT - there was a stoprun on their possition at 8:50 chicago time!! so be carefull! - they had to built the long position again, from scratch, because they were identified

now i took one nq long and the fill of targets were so quick that it is within one two minutes candle only

i was able to open only with two contracts because the price went up so fast that i could not open bigger size.

it was one of the quickest trades that i have ever did ( time of holding position 28 seconds) closed in a fixed trademanagement

i am recording the session so i will put a video, because it was really funny trade

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  #192 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
Thanks Given: 2
Thanks Received: 47


nirvikalpasamadhi View Post
sometimes trading after open reminds me a game of chess.. every move has a meaning and an impact for the rest of the game. today it is not easy - nq has a bigger buyers in the game and it is worth joining them. BUT - there was a stoprun on their possition at 8:50 chicago time!! so be carefull! - they had to built the long position again, from scratch, because they were identified

now i took one nq long and the fill of targets were so quick that it is within one two minutes candle only

i was able to open only with two contracts because the price went up so fast that i could not open bigger size.

it was one of the quickest trades that i have ever did ( time of holding position 28 seconds) closed in a fixed trademanagement

i am recording the session so i will put a video, because it was really funny trade

here it is i was quite surprised that i went up so quickly that i didnt know what to do


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  #193 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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nasdaq is untradable today, i am off

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  #194 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
Thanks Given: 2
Thanks Received: 47

4 minutes after open there was an intermarket situation for long enry at nq. the entry was not validated as low-risk so i opened only with two contracts. after the price was unable to breakout to the new highs, i closed the second target at the level of the first one. the screen is an alternative timeframe volume 100 to show more detailed closing of the contracts.

this was the only situation that i was able to discriminate as "worthclicking" in the first hour of today´s session. i consider today as quite a difficult day for orderflow and intermarket reading

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  #195 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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again. no volatiliy, no entry. the first hour didnt bring any opportunity at nasdaq. im finished with no clicks for today.

better to open zero trades than to open stupid trades

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  #196 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
Thanks Given: 2
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there are basically 4 phases of a trader´s progression when it comes to psychology

1/ i dont know that i dont know
2/ i know that i dont know
3/ i dont know that i know
4/ i know that i know

which one you belong to?

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  #197 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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just one long today against sharp price drop

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  #198 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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based on intermarket state. check what nq did after i opened this short - it was huge. nice breakout indeed :-)

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  #199 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
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Thanks Received: 47

yesterday it was little bit dramatic, this was the last short later in the afternoon as a speculation for weaker close

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  #200 (permalink)
nirvikalpasamadhi
prague
 
Posts: 167 since Jan 2017
Thanks Given: 2
Thanks Received: 47


nq fell a lot but the daily low was tradable. timing entry based on sellers exhaustion

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Last Updated on July 31, 2017


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