Good time to be long

OANDA:NAS100USD   US Nas 100
Even though interest rates has been pressuring NAS down, I believe this soon will be over. FED is going to keep interest rates down for some time now, since the use AVERGAE 2% inflation target, and not just 2% inflation target.

Big tech companies has demonstrated fantastic earnings , which hasn't manifested the price action.

This might be a bit speculative, however, the RR is very favorable.
Trade active
Comment: consider moving stops to break even. Always nice with a risk-free trade. The plan is to try to ride this to ATH... but we will see how it develops
Comment: You could consider taking some profits here. I have closed about 40% at 13720
Comment: closed the rest now


Thank you for sharing your idea!
Good luck, mate!!!!
+1 Reply
@ELMANTEC, Cheers mate
+1 Reply