Nasdaq100 What Now Episode 118

NasdaqGods Updated   
OANDA:NAS100USD   US Nas 100
Day 91. It's Wednesday and I really don't know what the lady, Nasdaq100 is doing. Well, the bulls walked in and as usual, if the HH breaks further, I'll be taking longs and if the Hl breaks, I start looking for shorts.

A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs .

P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs

3 Rules:
a. one trade a day (always)
b. always know the current trend
c. only buy after HH breaks and sell after LL breaks

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!
Trade active:
Comment: triggered but not a fan of the timing.. taking trades after newyork open isn’t always the best.
Trade closed: stop reached: Day 91. Got a trigger after Newyork open, that one, a problem. Moral of the story is: it didn't end well. another candle popped right up and took me out. Now it's looking like a descending triange pullback. are the bulls still in? seems like..

October: 3 trades (1W, 1Be, and 1L)


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.