NQ Live trade execution and profit scaling explained
Hey everyone, Caught this trade on MNQ this morning. Showing you guys my execution and thought process here.
I initially wanted to hold all 3 contracts all the way through. However, due to the fact we are developing our mindset and wanting to remain patient-- it is logical to take partials are key liquidity targets.
This helps ground me and keeps me objective during my trading process.
We will review and see the outcome of this setup and if we were able to capitalize on the 2nd and 3rd targets.
Ideally this target of mine is due to the fact I believe we are bullish on the daily and I expect price to take the previous day's candle's high.
I initially wanted to hold all 3 contracts all the way through. However, due to the fact we are developing our mindset and wanting to remain patient-- it is logical to take partials are key liquidity targets.
This helps ground me and keeps me objective during my trading process.
We will review and see the outcome of this setup and if we were able to capitalize on the 2nd and 3rd targets.
Ideally this target of mine is due to the fact I believe we are bullish on the daily and I expect price to take the previous day's candle's high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.