Day 102. The Nasdaq100 bears started their build-up and she's now in a supposed downtrend with Lhs and Lls. My bias would be in-line with that that is: after a break of the Ll, I get in. However, a change can occur if the bulls start breaking past Lhs. Let's see how it goes..
October: 10 trades (7Ws, 2Bes, and 1L)
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!