MNQ was in an uptrend after the morning dump and pump. This was, to me the 1st sign of slowdown of the bull push so I thought it would go back to test the highs. 30m and 5m chart EMAs were aligned for longs. The trendline broke after a double bottom above the 144ema. Price did a quick bounce off the trendline so I took the long.
My style seems to be to immediately go into drawdown to test me. But, I waited it out, tested the 21994 level a few times which got me considering bailing even, but I stuck with it. Turned out to be a good thing, Due to that 21994 level testing several times I tightened my T1 to get to BE sooner. After T1, it almost took me out at BE but then pushed up and hit my T2 around the recent high.
2 for 2 on the Propshop account. Recovering some of my bad Friday. Trying not to be greedy and take what I feel looks good.
