NAS
NAS100 AnalysisNas is currently consolidating. Friday we had another new high. If the bulls continue, we can see it reach next anywhere between 13100- 13350. As for the bears, if they do take over we may come back to the bottom of the channel again. Bear target 12900- 12650
This trend has been going on for so long for. Im hoping for it to break very soon.
Be patient, have a plan and execute it. If you are losing money and not making money, then you should stop and think what am I doing wrong instead of adding more money, lose more and then give up. To stay in the game you must learn the game first !!!
NASDAQ H4 WAVE SETUPThe Nasdaq is trading near all time highs but I expect the highs to break and for the trend to continue. In fact, I believe that 17000 is on the cards at some point during 2021.
Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside.
Welcome to 2021!
Linton White
QuickTrade
South Africa
NAS100 AnalysisThe trend is still a bullish, we had a break out the trend yesterday but it couldn't stay out and came back into the channel. You can see clearly on the 4hour (close outside & then close back inside) and daily chart long wick. Today we may get another attempt on breaking this channel bringing price down to next target 12465 then 12238. As for the bulls, if they carry on the trend then its easy, next target 12787- 12919, a break then next target would be 13100.
Keep trading simple, Do not overcomplicate it. Trading is a skill you learn through hard work, like any career. First Education then Experience. In this industry you will find two types of people, A trader and A gambler. It is your choice which one you want to be.
All the best today!!!
NASDAQ Analysis Hi Everyone,
Happy New Year. Hope you all had an amazing holiday.
Looking at nasdaq I can see this market is about to drop. It is still go higher and higher. Again today it made a new high. However when we get build up like this, it eventually tips.
Bulls- Next target for the buyers will be 13100, It may come back for a retest to 12921 before carrying on or may just be a fake break out and taking all the buyer out ready for a big bearish movement. Will wait for New York market if you haven't already entered.
Bears- If the market does drop our target for the bears will be 12971. If we get a break here, the upward trend will break bringing market to 12463 or even 12236.
NAS100 Trading inside the boxIts been very quite due to the holidays so i been trading inside the box. Its amazing how easy and simple strategy made me 300 pips in a day while consolidating. These strategies and experience cannot be found free on yourtube. This is 8 years of real life experience, which i learnt the hard way, Now its time to pass this down to serious people who will end up becoming profitable, successful and them carry on passing this knowledge down
NAS100- Analysis we have been consolidating 12754 zone. If the sellers to break through I feel the market will come down back to 12460 filling the gap left from previous drop- 12460. A break of 12460 we can see it drop further down to any of the key levels. As for the bulls if they do break up our next target will be 12878-13000
NAS100 Analysis Yesterday was a amazing trading day. Very good for a Monday. Hope you all enjoyed it. We are back 12725 zone a break of this zone we can see bulls go to 12878- 13000. As for a rejection at that level, bears will bring it back down to 12460- 12232.
Let prepare and have another great day
NAS100 Analysis Hi Guys, We had a beautiful drop this morning on nasdaq bringing price down to 12460 one of our key levels. We can see a double top formed and we may see the bears continue bringing price back to 12460. A break there will bring it down to 12316- 12094. As for the bulls next target will be 12787- 13000.
This week will be very interesting especially with all the uncertainty with coronavirus. We may finally see a break of the current bullish trend.
Key levels are so important as they will be your guide to your entries. If you key levels are wrong you entry will be wrong, you will end up entering too early meaning stop loss hit, or too late where you missed it. After you get your levels most people don't know what to do with them. You need to find techniques that work for you. All those who have done my course trade in my style and have been very successful. It simple strategy anyone can use- you don't need years of experience to be profitable.
All the best this week guys
US100 Short OpportunityDespite Stimulus beliefs which seem to be already pricing in I think the divergence on Daily Chart to SMA 200 is showing us the need for a little to medium correction. In fact if you look at the shrinking gap between dips and highs before this could be interpreted as sign for something bigger coming but vice versa. That a correction whatsoever is overdue I am sure, I just can't determine the size, so I pictured two possible short positions.
NAS100 AnalysisHi Everyone. Nasdaq is currently approaching 12656 zone where price had come only last week at new high. The market will either break this new resistance pushing price higher or respect it and let the bears right back in. If we get a break, our next new target for bulls will be 12821 according to the channel, as we are still in a upward channel and it has respected it so far very well. However if we fail to break through this zone we can see the bears push the price back down to 12463- 12318.
Tip: This may create a double top pushing price right down. So far double top formation looks perfect- only missing the right leg. Again Nasdaq new highs are in its genes. So prepare, have strategy in place and follow it. Don't trade blindly- Nasdaq can make you a winner if you trade it correctly
All the best guys.
NAS100 AnalysisHi Guys, hope you all had a great weekend. A quick update on what is happening on NASDAQ on the daily. We have been around this 12200 zone for last few days and its a very strong support area. For the bears to really come in we need a break out of this 12200 area. As for the Bulls if they continue we can see more new highs. The market is currently consolidating so lets Prepare, wait and execute!!!
Monday Motivation!!
Nasdaq is a very good pair to make very good money. Your weekly target should be minimum 400 pips profit, which can be easily achieved through NAS. If you are not profiting and losing money you should stop, and see what you are doing wrong. From my experience I can say the ones that succeed and flip their 1000 to 10,000 to 100,000 to 1 million is the one who know when they are doing something wrong they seek help to improve and better themselves. The ones that gamble, this market will turn you into a gambler to the point it becomes an addiction. And you will never make any money instead you will lose everything you ever worked for in the outside world of trading. I have met people who even lost their family due to addiction hence I always advice people of gambling. So please don't ever let yourself get there! If you need help, Seek help.