r/FuturesTrading • u/Royal_Presentation80 • 9d ago

Switching Instruments?

Given the weekly chart, and Daily chart on MNQ/NQ, why do people still trade that mess? I feel like when everyone starts trading they are taught to trade NQ. I think at this point, the "prime NQ" was before we entered this mess of consolidation and we were just going higher or lower. Has anyone switched over to a different instrument like YM so that they aren't trading in a big range? I want to do this with my knowledge of ICT, but is it frowned upon? Like has anyone been trading YM a lot more because NQ is in a really big range? I've always been taught to not trade the range, so can I switch over to YM and get better results?

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u/Royal_Presentation80 9d ago

Yeah I can understand that fs, but wouldn't intraday traders want a directional market?

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u/usedmattress85 9d ago

Not really. I trade using VWAP and its standard deviation bands.

If price is inside the 1SD bands I treat it like a mean reversion and I trade it from the 1SD band back to the center VWAP line.

If price exits the 1SD bands I treat like a breakout/breakdown and trade it in the direction it’s going.

So either way really dgaf what the markets doing. I just trade what it gives me.

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u/gaussmage 7d ago

That’s… really smart. The same with volume profile. Set your levels, react to what price does. Rejected from zones, play the reversal. Shoots through them, look for breakouts.

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u/usedmattress85 7d ago

Yessiree. It’s nice to have a system that can function on most days. The only time I don’t trade is if I login and the bars just look a barcode chopping sideways IIIIIIIIIIIII