Day 105. uptrend in Nasdaq100 bulls still way stronger but the constant Beds and DTs that are forming are one to take into consideration. are the bears really back or this is just a correction phase. my bias for today will still be bullish till a proper break past the Hl.
October: 11 trades (8Ws, 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!
October: 11 trades (8Ws, 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!
Note
Trade active
Trade closed: target reached
Note
Day 105. another W for me in the market. seems the bears came back in but I can't be bothered i've taken my share..
October: 12 trades (9Ws, 2Bes, and 1L)
Note
Day 106. The Nasdaq100 is now in a distribution stage. The question is, distribution to continue the uptrend or the beginning of a downtrend. Because of this, i'll be staying neutral today till I get a break out and direction as to where this lady is headed. Have a beautiful day..
October: 12 trades (9Ws, 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!
Note
Day 106. A bearish break after the distribution (range) are the bears back. If so, then we might start looking for shorts..
October: 12 trades (9Ws, 2Bes, and 1L)
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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.
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.