responsibletrad8r

Go long the strongest market and short the weakest

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
On Monday 15 may it was clear that nasdaq is the strongest futures market on the daily chart so entering on an openingrange breakout to the long side was a nobrainer.

For the short play consider this:
It basicall does not mater if gold goes down, palladium is more bearish so lets play metal short with the palladium instrument and long gold (if there is a setup in the future)

When you missed the swing trading short entry on 11th may (entry is basically a breakout to the downside of the first 15 min bar) then you had another chance to get into the swing trade on 16th of may by entering the low of 15th of may.

Exit anytime on 18th of may as price reached support zone on daily chart.

Disclaimer

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.