Sell Trigger in Nasdaq Futures

This is an example of an intraday setup in NQ from Thursday where you use a 377 tick chart for a trigger entry.  The trigger in this case was the 8/34 ema crossover to the downside on the 377 tick chart along with taking out a prior swing low.

Note the 2 step pattern resistance cluster came in at the 13016-33 area.  The zone was tested and held (we did not clear it).  The sell trigger I suggest using for futures is the 377 tick chart, which would have gotten you into the short trade pretty quickly.  A simple setup like this declined 256 NQ futures points.

The way to make $$ with this work is setup + trigger = trade entry....then you manage the trade with stops and trailing stops.  This is what is possible with this work.

nq10
nq10
377 trigger
377 trigger
Carolyn Boroden, who is renowned for her expertise in Fibonacci price and timing analysis, hosts the Fibonacci Market Analysis service at ElliottWaveTrader.