Managing risk is extremely important to long term success. Sometimes structure breaks and then the new structure breaks and so on. Sometimes people will lose 3, 4, even 5 trades in a row before they start winning. If a few losing trades causes too much of a financial impact on an account, it may be a good idea to lower risk. Because that is part of the life of a trader.
With the above said, NQ one hour time frame is now in an up channel. The market is starting to break the counter trend line bullish. If support holds, the research shows NQ could push bullish towards the top of the channel.
With the above said, NQ one hour time frame is now in an up channel. The market is starting to break the counter trend line bullish. If support holds, the research shows NQ could push bullish towards the top of the channel.
