Two Shots at NQ: Because One's Never Enough

9 Mei

Alright, here’s the game plan – because let’s be honest, the market loves nothing more than pretending to break out, then snapping back just to mess with us.

🔥 The Setup:
I’m eyeing the Micro E-mini Nasdaq-100 Futures (June 2025), and I’m giving myself two shots at this breakout. Yeah, I know – ambitious. But the market’s been playing hard to get lately, so I’m hedging my enthusiasm.

💡 Why Two Long Entries?
Because, let’s face it, the first entry will probably get stopped out. I like to think of it as a “testing the waters” trade. If it works, great – I’m a genius. If not, well, it was just practice.

First Entry (The Optimist):

• I’m jumping in if it breaks out, keeping the stop tight – because nothing says confidence like a cautious stop loss.
  

Second Entry (The Realist):

• If the first entry faceplants, I’ll wait for the market to freak out and then calm down. Then, I’ll slide back in when it looks like it’s actually serious this time.
  

🧠 Managing the Chaos:

• Short-Term Target: The last high – because if it doesn’t clear that, what’s the point?
  
  
• Long-Term Target: The equal move – assuming the market doesn’t chicken out halfway.
  
  
• Stop-Loss: Snug and sensible, because I’d rather not watch my account do a disappearing act.
  

Take profit targets are set where the equal move would complete – assuming the market cooperates for once.

💭 The Thought Process:
I’m not here to pretend I can predict the future – if I could, I’d be on a yacht, not posting on TradingView. But this setup gives me two chances to be right, which is at least one more than usual.

🔥 Your Thoughts?
If you’re also giving your trades a second (or third) chance, drop a comment. Or just let me know how your latest breakout fake-out went – because misery loves company. 😅

10 Mei

Nota

Alright, so price came close to our entry but didn’t quite tap it – like it was just teasing the idea of breaking out. 😅 No worries though, we didn’t get sucked into a fake move.

Since the market clearly needs the weekend to think about its life choices, we’ll catch up on Monday and reevaluate. Sometimes, patience pays more than chasing the first hint of movement.

Enjoy the weekend, traders – let’s see if the market gets its act together next week!

11 Mei

Nota

Crazy gap up from US - China trade news! I'm not chasing price right now. I'll wait until the dust settles.

13 Mei

Pesanan dibatalkan

Equal move complete!