Hope you all gained from the analysis 11250 tp hit-
Please give a thumbs up if you like this idea and let me know in the comments what you think. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- Nasdaq has been bouncing in a downward channel and it looks like a cup handle. right now it there might...
NAS100 Analysis The Market is still very choppy and indecisive. I hope we can get a break soon to get a clear picture where this is going. If we do break the middle trend line then we may see anything between 11400-11250 as for the bulls if it goes up a break of 11589 will take us to 11741
Who liked the retest of the middle line like i said. It was bang on the line. See previous post
This is my short term outlook on NAS100. It respect the levels pointed on the chart on 1H timeframe .. so play it safe and buy above to next level and short below for next level. Good Luck all OANDA:NAS100USD
NAS100 Analysis Hi Guys, So earlier today it broken through the middle of the channel, didn't bounce and come back down. So it went to my first target 11589. If we get a break here im hoping for 11741 which is a strong resistance even on the daily. we may even get a retest of the middle channel line before going to 11741
NASDAQ Daily Analysis Hi Guys, This week im going to start with a quick daily analysis as it is important to know what is happening to the market in the higher timeframes so we can understand how to take trades on the lower timeframes. According to Daily we are still in the box and we are still waiting for a break. I wouldn't consider this as a break out the...
Weekly Pip Review Monday: +89, +114. -40 Tuesday: +136, +101 Wednesday: +161, +136 Thursday: +90, -40 Friday: +82, -40 Blues: +909 Reds: -120 Total: +789 Profit Total NAS Trades: 11 Trades Hi guys Hope you all had a good trading week. Trading is all about having a plan and trying to execute it. A beautiful quote comes into my mind "A fool with a plan can...
As long as the price remains above the yellow trendline I will be happy to buy the NASDAQ. This week has literally shown how uncertain the collective is around the current affairs. I am awaiting a break and retest of the counter trendline, to ride it all up until the this years highest high. The D1 FIB target still remains the same as the price has continued to...
We are currently sitting on the 50% fib with continuous market price reaction. What does this mean? The fifty percent principle is a technical correction that gives back 50 to 67 percent of the most recent stock price gains before the price begins advancing again. If a stock recently gained 30 percent, the fifty percent principle holds that it will give back at...
NAS100 Analysis Hi Everyone. Nas is still consolidating, It had an attempt to break out the box yesterday but it failed to stay out, found support at 11527 and came back up. I feel like we will break today. There has been a triangle that has formed as-well. Bulls Target: 11789, Break here will take us to 11929 Bear Target: 11525-11467
NAS100 Analysis NAS100 is still consolidating. But if you look at the chart its coming up to the top of the channel now. We will either get a break up or it will come crushing down. Couldnt have made the chart more clear to understand what is happening. Hope you all have a good Trading Day!!
Yesterday Entries/TP What a great day. It was too easy. the market respected the box so well that you just have to put a entry at the top and at the bottom. and know it will hit your exit. Only those who lack knowledge in trading would hesitate or open and then quickly close. Trading you need confidence and confidence comes when you have a plan and your plan goes...
The NASDAQ has created a cone-like bullish channel. The price has retraced at 0.618, making the target set at 0.618. RED retrace = RED target I foresee an inverse H&S pattern. My strategy is buy the NASDAQ once it breaks and retests the counter trendline. My first TP point will be at the all time high of 12466.6. I will wait for a further break of this price...
NAS100 Analysis We may see some more bears today- trying to come down far as 11468 before going back up. If you look at the daily thats where the lower channel is. As for the bulls if it breaks 11787, we will be entering the channel again expecting more bulls.
Hope you all had a great day yesterday. it was just too easy. If you followed my analysis it when right up to 11618.
Please do not let these drawdowns scare you!