Trading Session Focus – NQ (12.09)

Looking at the week behind 1 day @ a time…..

Good trading is always going back over the trading day and reviewing the trades that worked out and what kept you in or perhaps took you out too early. Looking for the trend move and remaining in the trade is the objective. It’s your patience and discipline that will continue to grow as a trader when you implement such tools.


NQ  – 60 Ticks (4 trades) 

12.09.15 - NQ - stats

Recap Video:

33-12.09.15 - NQ - Move of the session

Move of the session. While the initial entry may have been missed due to lack of a great setup, it was the re-entry choice if taken below the previous low that was the higher probability of continuing in the TREND.

16-12.09.15 - NQ - Setup 6b - to Globex Lo

Setup to the short after fade off the NVPOC. Several re-entries to the short on smaller time frame.

22-12.09.15 - NQ - Setup 7d - VPOC closed

Break below previous low to keep you in TREND to S2 and/or NVPOC.

My 2 $ense:  Long trending moves…and you miss them. Oh well. That’s right…oh well. Move on and wait for the next one. There will be days…like today where after a nice AM run up, the market took a 180 and sank the Bismark on pre-contract rollover and a million other reasons to go short. I missed it. Yup, the entry just didn’t fit my setup. So I wait for the pullback….and wait…and wait. Nothing. Keeps running. Don’t chase is the motto. Wait for the setup regardless of where price action is. Mindset is don’t think about how low it can run. It will run as low as it wants. Twitter feeds complaining of how much they wanted it to run upside and would not take the short. Bias thinking. Get it out of your head. Take the entry on the highest probability entry and let your runner go.  Higher probability was once the previous low was retested and broke downside, price aciton continued to trend for major ticks. 

Trending Markets

Looking at the other markets, best of setups during the session.

12.09.15 - TF

Te best of setups breaking the Globex lo in sync with the other 3 indices and with ALL 4 charts in the RED.

12.09.15 - YM

Better of the moves today both on the market open and downside in sync with the indices. best moves on ALL 4 charts in sync.

12.09.15 - ES

ES to the downside. With at least three charts in SYNC a good trend. With ALL 4 charts even better.

12.09.15 - CL

Crude data today with the market sinking the CL with 1-2 setups with 3-4 charts in the RED to keep you in TREND.


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