Bearish on NAS overall, had wanted price to trade deeper into the monthly FVG, but working under the impression that we have begun the leg down until something convinces me otherwise.
I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.
I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.
Note
I am still bearish, but the outlook appears not to have been very accurate. High impact news like CPI can always do whatever it wants to.Note
At the end of the day, while you may be right sometimes. The market will always do what it wants. Your goal is to do the best you can to participate on the right side, while minimizing your risk. Once you have made the decisions that are in line with that, sit back and submit to the process, regardless of the outcome.
Note
still holding, giving it to the original SLTrade closed: stop reached
Outlook was not accurate this week, the entire week was bullish expansion with little to no downside.Let the algo show you its hand.
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.
Let the algo show you its hand.
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.