26-7-12 NQ trading

TE2.0 should have a long signal @ 2565-2570 area. The actual signal came at 2576, a bit far from the box top of 2560.

Then the retracement was until 2565 area, and thus leaving us wondering if its a retracement or reversal. Stoc was the tell tale sign this time, where to long is most well timed by stoch’s reversal up. 2570 would hv been a better long pt, but we only suffer a small loss out of this so its ok.

Long @ 2576.
SL @ 2568
NP = -8pts

Trade receipt


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s