NQ (NAS100): simple positional theme trading
hi, hello fellow traders,
two areas were highlighted on the chart, to spot the attention to the possibility that local bottom just took place.
all in all, after that local bottom is created and calculation of the magnitude of the downside that brought us to that local low, target for the long set @ 15055.50
strategy: scale in (== refill) scale out (== book partial gains) as long the target did not reach. trade the LONG side of the market.
when target is reached, we will look further.
good luck
two areas were highlighted on the chart, to spot the attention to the possibility that local bottom just took place.
all in all, after that local bottom is created and calculation of the magnitude of the downside that brought us to that local low, target for the long set @ 15055.50
strategy: scale in (== refill) scale out (== book partial gains) as long the target did not reach. trade the LONG side of the market.
when target is reached, we will look further.
good luck
Trade active:
STOP is a trailing now @ 14500
1st target 15055.50 as showing on the chart
2nd target 15360
final target beyond the moon in case the down move transform into an event and not into trend
I hope you all made good gain,
good luck furth
1st target 15055.50 as showing on the chart
2nd target 15360
final target beyond the moon in case the down move transform into an event and not into trend
I hope you all made good gain,
good luck furth
Trade closed: target reached:
all closed @ 15205
now, looking for the next trade setup
now, looking for the next trade setup