All those times that I've traded ER2, I've been talking about my lines - my dotted lines, my brown lines, my lilac lines etc. I don't know if anyone out there actually has any inkling what I was talking about, I'll do my best to expound on this....but not today (it's Al time now - he's still very sick).
There's a slight difference in the way I trade NQ. Will transcribe what I have scribbled on my scrapbook...again, not today.
Anyway, I've decided to trade 5 instead of 10 contracts because I really want to be able to use what I've taken quite a bit of effort to figure out - those lines.
With 10 contracts, it's difficult to stick with my profit targets. I want to be able to let my profit run, and I can only do so with a reduced position.
Here's my result for today:
NQ 30min (click on chart to see enlarged version - blue dotted horizontal line and blue trend line are the lines that will make me run if they are breached; green line is from 5min chart, where I decided only during market open that that was as low as NQ would go before 2pm - and I don't intend to trade til 2 today...)
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