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Tr8dingN3rd
Sep 1, 2023 8:21 AM

NQ - A gift from the trading gods? Short

Micro E-mini Nasdaq-100 Index FuturesCME

Description

To me this is indeed a gift from the trading gods.

Price retests the U-MLH a third time.
So, if you missed the entry (see my website & YT channel), then this is another chance to bake some Bread, instead of Donuts.

My stop would be a couple points above the pivot high.

Watch my videos and posts about this trade to understand it!

Comment

This is very exciting!
Will the U-MLH hold?

Here I have a even more detailed view of the current situation:

Trade closed: stop reached

As we see, price did not cooperate at the U-ML and is currently nagging at the extended Trend Barrier.

Depending on your entry, you're already out of the trade.
And since price is above the U-MLH, it's maybe a good idea from the perspective of the low time frame.


I will exit my trade when the TB get's broken clearly.

So, that's how a trade fails §8-)
But don't bother, the next one is on the way.
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