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The Continuation trade
Hello all,
Ive been trading the Nasdaq 100 with some success but what i conistantly do is watch the market move and miss the entry as Im watching for the perfect holy grail of entry's and seem to be chasing my taile on the price alone.
Based on the elliott theory Im in the crowd watching the price rather than taking a position and managing it.
But the reason I write here is to see what you good people are doing with regards to the continuation trade ie assume youre watching the chart, what triggers do you use for managing the entry / exit of the continuation trade.
Any thoughts would be appreciated as Im chasing my tail somewhat here at the moment.
Regards
Ainsley
Ive been trading the Nasdaq 100 with some success but what i conistantly do is watch the market move and miss the entry as Im watching for the perfect holy grail of entry's and seem to be chasing my taile on the price alone.
Based on the elliott theory Im in the crowd watching the price rather than taking a position and managing it.
But the reason I write here is to see what you good people are doing with regards to the continuation trade ie assume youre watching the chart, what triggers do you use for managing the entry / exit of the continuation trade.
Any thoughts would be appreciated as Im chasing my tail somewhat here at the moment.
Regards
Ainsley
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