NADEX Spread Trade on NQ (US Tech 100) on 07/11/2016 using the APEX ALCHEMY (2.0)
NET PROFIT: $506.00 ($101.20/Contract)
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You did well, thanks for posting your charts. I’m wondering what your entry and exit strategy is with the longer trends like these. I would have a hard time hanging on for so long through the downtrend parts.
FEICHKOP, Price opened for the day above the ICE Value High, I was waiting for price to bounce off the ICE Value High, however, it stayed above it. Therefore, it was a high probability that the Intraday Trend/Momentum is BULLISH. I was hoping fro price to breakout further on the opening 15 min range, but it did not. My Daily goal is usually $500 depending on the price action.
Thank you for sharing your trades. I’m wondering if you did put stop on your trade, if yes, where was that for this trade?
MAX:
I had a mental stop at the Swing Low
Makes sense, thanks for the extra explanation.
