A Trade Example in The Nasdaq Futures Using a Simple TA Concept

2 de ago. de 2023

This was a really clean example of a really basic price action based set-up. On the short-lived Holy Grail trade(See my most recent live stream for a walkthrough of the holy grail trade set-up) that resulted in a false breakout, price begins to reverse and want to cross back through the established range on the 5 minute chart, as we begin tending back towards the middle of the range, we want to enter a trade, playing short term, attempting to take out the range high. I am currently working on getting my profits off the table much earlier and not being a "dick for a tick" so any time I get a trade between 2-4 R in my favor, I am taking my profits and running. I narrate all of this in this video
MNQ1!