Well the numbers came out and the astrology once again hit the target..
Now if we look at potential moves down and how much thats where it starts to get somewhat tricky.
Example if the ES goes through 1303 , and the next level is 1301.5 then there is also 1297 and the 1286.
So which one do we book profits at?
On my part I will be looking to close out at 1297... that will give me a nice 20 point profit for the day .. my stop is entry price 1317 , which makes it a free trade ..
As for NQ I have my sights set for 2420, ..
Cheers
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Market currently 1309.50ES and NQ 2449.50
Now if we look at potential moves down and how much thats where it starts to get somewhat tricky.
Example if the ES goes through 1303 , and the next level is 1301.5 then there is also 1297 and the 1286.
So which one do we book profits at?
On my part I will be looking to close out at 1297... that will give me a nice 20 point profit for the day .. my stop is entry price 1317 , which makes it a free trade ..
As for NQ I have my sights set for 2420, ..
Cheers
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Market currently 1309.50ES and NQ 2449.50
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