NQ short below the cloud resistance
Updated
Man what a choppy sideways mess. We have been trading around this cloud resistance all week. Almost seems like the market is waiting for something. I think it is waiting on the eventual Trump re-election. All I know is that there is no real movement or momentum. But I have to go with what the market is telling me. Of course this setup is only good until 15:00 HST. After then it will be canceled. Let's see what happens.
Entry: 11634.25
SL: 11753
PT: 11500 or lower
Entry: 11634.25
SL: 11753
PT: 11500 or lower
Trade closed manually
Well I got greedy folks. All traders do. I manually closed the trade right above the Monthly pivot level (not shown). You can plot it yourself if you don't believe me. It was around the 11510 level. I took the profit at 11525. Good enough for me. I know from experience that their is a lot of institutional buying that goes on around these levels. So that is why I took it there. Next time I will plot the monthly pivot levels on my yet to be published charts. Ok good enough for me. On to the next setup recruits.Oh by the way. The contracts that I traded were the E-micro futures contract (MNQZ20) December contract. Love trading them. You all should try them.
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