Day 53. #nasdaq100 is still going back n' forth between the uptrend and downtrend. currently, there's an imbalance (LHs and HLs) with a bearish divergence. LHs are being formed but there’s still a HL. if broken, then more bears. my bias is currently short for now unless there’s a break past that LH..
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Comment:
waiting to see if #nasdaq100 13400 breaks. to confirm the bulls are strong then my sell bias changes. wrong interpretation on my part.
Order cancelled
Comment:
No trigger. Day 53 for #nasdaq100 had the bulls coming in after the LH became a HL and a break past the 13400 LH. Ending the week with just two trades. 1L and a W (breakeven). A total of 6 trades (4Ws, 1Be, and 1L). This week's lesson is on "interpretation". Have a beautiful weekend.. 🙏
