US Nas 100Updated NAS100 Selling Pressure
There is no question that the bears are still in control as the retracement I was expecting did not materialize, however I am safe as my conditions for taking a new trade did not materialize and so I had no reason to take the buy that will come at some point and so I continue with my neutral position.
It's just a matter of waiting for the correct setup and not to go ahead of what the market gives you.
If I had kept my sell from my last HH from Friday Sep 1, at 9:00am, I could still be riding this out, however after exiting on the LL, my next key for entry is another HH or LL, until then, my bias remains neutral as I wait.
It's just a matter of waiting for the correct setup and not to go ahead of what the market gives you.
If I had kept my sell from my last HH from Friday Sep 1, at 9:00am, I could still be riding this out, however after exiting on the LL, my next key for entry is another HH or LL, until then, my bias remains neutral as I wait.
Trade active
The H1 FIBS has been modified by the continued selling pressure overnight and so I am monitoring those levels as of right now.
Like I say; "no setup...no trade"
Always trade what you see.
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
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.
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
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.