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akhena10fx
Feb 5, 2023 10:59 PM

NAS Outlook 2/5 Long

US 100 IndexFXCM

Description

Outlook on indices is still bullish, I see reasons for price to keep appreciating during the first couple weeks for Feb. at least to the weekly FVG above.

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long on NAS, may be premature as it is before NYSE open so reduced risk. but I like the stock! lol looking to get in at the daily open price, with the expectation that price chases buyside for the day.

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took on some more risk to give it room to survive NYSE open

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SL moved back to original risk.

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Reduced risk to just below BE.

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taken out just short of BE

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one more attempt.

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taken out, price action all over the place, think im calling it for the day.

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gave it one more go. Not an easy day of price action but I think the bullish idea is still valid with london low holding.

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going break even.

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finally got the timing right it looks like.

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yup that was what I wanted to see.

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closed out 80%

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remaining 20% stopped out for profit. Done here for the day.

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lmao jesus christ, welll at least analysis was on point :D

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ive been focused on EURUSD and not indices so this is not a trade i took but holy s the delivery was perfect.

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bought NAS

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added to position. a little aggressive.

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still holding both

Trade closed: stop reached

SL'd
Comments
donghoonkeum
What does BE mean? :)
akhena10fx
@donghoonkeum, break even
donghoonkeum
@akhena10, Thanks you! have a good day :)
JoeChampion
Good idea Pal, keep it up!
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