Happy Thursday,
The battle lines are drawn on NASDAQ. Bulls want to defend 13460 and bring it back above 13570 to march towards 14k.
Bears want to break 13400 & then 13220 to change the direction.
Our line in the sand is at 13500
Macro US Jobless Claims, Phil Fed Mfg Survey
Buy
Break: 13 515, 625, 760
Reversal: 13 360, 295, 100, 025
Sell
Break: 13 375, 310, 125
Reversal: 13 535, 650, 775, 895, 965
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
The battle lines are drawn on NASDAQ. Bulls want to defend 13460 and bring it back above 13570 to march towards 14k.
Bears want to break 13400 & then 13220 to change the direction.
Our line in the sand is at 13500
Macro US Jobless Claims, Phil Fed Mfg Survey
Buy
Break: 13 515, 625, 760
Reversal: 13 360, 295, 100, 025
Sell
Break: 13 375, 310, 125
Reversal: 13 535, 650, 775, 895, 965
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Trade closed: target reached:
#Trade 1: Bullish breakout of green fib level. Entry on retracement
#LongTrade: 13417
SL 20 pts
TP1 3:1✅60 pts1/3rd
TP2 5.5:1✅110 pts 2/3rd
#WinningTrade 93 pts avg
Why trade more when you can earn by trading less
#LongTrade: 13417
SL 20 pts
TP1 3:1✅60 pts1/3rd
TP2 5.5:1✅110 pts 2/3rd
#WinningTrade 93 pts avg
Why trade more when you can earn by trading less
Comment:
#Trade 3: Anticipatory entry at the green box for reversal
#ShortTrade: 13530
SL 20 pts
TP1 3:1✅60 pts1/3rd
Stopped out at entry on reversal
#WinningTrade 20 pts avg
You can never go broke taking profits
#ShortTrade: 13530
SL 20 pts
TP1 3:1✅60 pts1/3rd
Stopped out at entry on reversal
#WinningTrade 20 pts avg
You can never go broke taking profits
Comment:
#Trade 4: Bearish engulfing at level F. Entry on retracement
#ShortTrade: 13535
SL 20 pts
TP1 3:1✅60 pts1/3rd
TP1 2:1✅40 pts2/3rd
#WinningTrade 47 pts avg
It works when you #PlanYourTrades & #TradeYourPlan
#ShortTrade: 13535
SL 20 pts
TP1 3:1✅60 pts1/3rd
TP1 2:1✅40 pts2/3rd
#WinningTrade 47 pts avg
It works when you #PlanYourTrades & #TradeYourPlan
Comment:
Overall, very productive day on NASDAQ. No big winners but then the range was also quite small with a lot of choppiness. Still no losers
253 pts by risking 20 pts at a time > 12X.
#GetRichSlowly #TradeLessEarnMore
This is how #NDX interacted with my published levels
253 pts by risking 20 pts at a time > 12X.
#GetRichSlowly #TradeLessEarnMore
This is how #NDX interacted with my published levels
Find my daily analysis + trades live & FREE 🆓 💰
👉🏼https://twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼https://www.tradingindian.com
👉🏼https://twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼https://www.tradingindian.com
#ShortTrade: 13530
SL 20 pts
TP1 3:1✅60 pts1/3rd
TP2 5.5:1✅110 pts 2/3rd
#WinningTrade 93 pts avg
You don't need your trend friend to trade this range