Day 110. Hmm, another day in Nasdaq100 and the lady is still in the range but this time, with bearish signals. She dropped yesterday and a rejected high (double top) and now a Lh. Will the bears continue? I really can't tell. However, my bias is bearish till the High at 11580 breaks.
November:
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!
November:
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!
Note
Trade active
Trade closed: target reached
Day 110. First trade for the month. Took a while but went well. I guess the theme for this month is: Trust the process. Are the bears back? Guess we'll see..
November: 1W (1 trade)
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Related publications
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.