Ndx Watch Hour: Accumulation Or A Bears Distraction?

Updated

Hey! it's Monday meaning we have to watch to know what story the market's telling this time. Well, two stories as usual: The buyers accumulating or sellers distributing Wonder what story turns out successful this week? Watch to know my view. Also, I'll be dripping nuggets underneath this as well. Do me a fave, like this, leave a comment, and follow. Means a lot

Lazyluchi.

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Nugget for the week: “If you believe that trading is about analysis or about being right, then after a loss you will anticipate the occurrence of your next edge with fear, wondering if it's going to work.”

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Here's what the bulls did for Monday.
Doubles with pulls---they're not playing. Channel broken, exhaustion.

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*14800

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Tuesday update soon. But these bulls showed up in style. Now if you missed the break, just wait!

We'll have a proper show-off if it's meant to be.

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Two points today: The 15k mark or a pull for more buyers. Since the breakout is still in play, I’ll wait to see how far it goes before considering entering a trade. Till then, Happy new month everyone!

Trade active

Looking to go long from here. First trade for the week. Placed a 15100 Tp which might just be a dangerous one but---well...

Trade closed: stop reached

Lost 132 here. I guess the buyers were not available.

Trade active

Had to get in again. Still the same trade.

Trade closed: target reached

First win for the week. 214 pips. the market is probably going to go further but i'll wait to see what it's actually doing on the daily.

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The previous average was 15436. Market looking like it's rallying to 15180-200. Then we might get a possible pull...

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Hey good-morning Nas lovers. What's happening on your own chart?

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Nasdaq100 struggling at 23 July ‘21 previous supply key zone. The way all these zones be leaving trails though.

Trade active

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I'll be taking the weirdest trades. Anyway, these bears aren't chilling. The recovery ain't smooth.

Trade closed: stop reached

That was a bi fail. The bears came in after that closing bell. There's a pattern I'm noticing. If the bears are back it means we need more demand to break past that 23 of July, 2021 zone.

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Nasdaq100: Still don’t know what’s happening yet. All I know is there’s that mixed signal.
The 240min. showing up with the base for a rally. The weekly opened bullish-ish. The daily still playing around with them bears.

Just going to hold on.

Trade closed: target reached

Failed to update.. Took a short trip to 14580. Looking to see if the sellers are really back.
Got a good +183

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Nasdaq100 updates: Yup. Sellers.
That’s one big pull though. Wonder how far this gets. The next zone is—14400 ish.

Took my fair share already.
Now what’s with Meta?

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I have this crazy-insane gibberish of the possibility of Nasdaq100 falling to 13200. Then again, I know nothing.

But the correction is hella' deep.

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It's Nfp today and the market is still struggling in my channel. It kind of broke it but just left a wick. If it breaks we might just be getting those bears back. Stay safe out there.

Trade active

It's NFP guys. The possibilities of this trade stopping me is a 100. But I always take the signals provided to me by my edge.

With that being said, Have a great day today.

lazyluchi

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