NAS Outlook 4/24

My view hasn't changed from last week. Looking for those equal lows to be grabbed then for price to chase a new high.

Comment:

im short NAS

Comment:

SL at Break Even

Comment:

added position was for study purposes, not a live position

Comment:

added a conservative TP.

Comment:

TP1 hit on NAS. educational second position would have been stopped out.

Comment:

SL moved to deep profit on NAS, dont want to stick around for much longer if it doesnt complete.

Trade closed: target reached:

all TPs hit, trade collapsed.

Comment:

Long on NAS

Comment:

price just kicking around on the 1min. the longer it does this the less faith I have in the idea.

Comment:

SL hit

Comment:

gave it one more go and currently in a long, idk what is going on with price, this very easily couldve been stopped out too.

Comment:

thats the reaction ive been looking for all day. interesting how close to end of the day it came, market not giving opportunity for participation. I am pretty confident it puts in a new high from here. However will not be holding this position that long.

Comment:

Comment:

still holding, didnt get a big expansion overnight as I was hoping for. Will see what news brings.

Comment:

Educational position, As I dont wish to expose myself any more. Will manage as if real.

Comment:

added position would not have held. at break even with yesterdays long.

Comment:

another educational entry after NYSE open. Not live.

Comment:

getting healthy.

Comment:

Glad im not executing on NAS today because its all over the place.

Comment:

LFG

Comment:

NAS doing everything to fool me out of this position but I am familiar with its game.

Comment:

SL moved below the last 15Min OB after NYSE.

Comment:

closing out of my larger NAS position as it enters into this range.

Comment:

SL moved to first TP area. 15M OB

Comment:

I generally don't do this, but here is proof I am actually taking these trades.

Comment:

to close early or not to close early?

You need to see open profit as risk in an of itself, and weigh whether or not to risk what you have gained in open profit for what you stand to gain to final TP.

Things to consider are:
- confidence in the overall trade setup/completion likelyhood
- prior profitability for the day/week/etc
- "trade fatgue"
- any predetermined rules you have for taking profit

ultimately there is no right answer. it is a function of your own personal penchant for risk, and trading style.

Comment:

80% of last position closed manually, 20% remaining till final TP level.

Comment:

full TP hit, trade collapsed. quite pleased with my participation on NAS this week. not every trade will be like this, and not every week will present such opportunity. however it feels to be able to identify and participate when such opportunity does present.

Comment:

absolutely incredible from NAS today. no stopping that freight train.

Comment:

sold NAS of 1 min.

Comment:

full trade.

Trade closed: stop reached: