Nasdaq Futures in a falling channel
Updated
Here we begin the week at the top of a channel, which means it is the best place to go short. Having the channel there tells us quickly the short is incorrect should king price breaks higher - shorts fold. I like trades that are either correct or get right out, but I never like to feel jumpy leaving a trade early (the questioning the exit is the worst part). A channel makes this easier, it either stays in the channel or it doesn't.
Featured are the upcoming releases Measured Move and AutoDraw Trendlines. - Several new features!!
Featured are the upcoming releases Measured Move and AutoDraw Trendlines. - Several new features!!
Trade active
Take a bit off! Leave a bit on! This is going well.Trade active
s3.tradingview.com/snapshots/i/i7jPdd2j.png ... now trailing tight after target hits.Trade closed: target reached
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