NAS
Norwgian Air Shuttle (NAS)"The time to buy is when there's blood in the streets."
- Baron Rothschild
So if you are looking for said blood the Norwegian Air shuttle (NAS) might be worth a serious look.
Background:
Biggest airline company in Scandinavia. One of the biggest in the world (I believe Top 6).
It's based in Norway. Norway is a rich country. "Oil rich".
Like many other airline companies the company is suffering massive losses.
The state of Norway has already helped the company out a lot.
Pros:
As just mentioned Norway is rich, and I believe that the state will do everything in it's power to rescue the company. I believe the company will keep asking for more help until things get back to normal in 2022/2023.
Cons:
It's still a falling knife. Never catch a falling knife.
The company has been suffering pre-COVID-19 too.
The company has never been through this big a crisis. It could end up in bankrupcy this time. Know this if investing.
Technical analysis:
To hell with technical analysis at this point. All support has been broken.
I love TD sequentials though. Looking at the daily the TD countdown of 13 was reached monday and next monday could give us another 9 sell on the TD setup.
Be careful. Cheers
NAS100 Analysis NAS100 Analysis.
The market is still consolidating. When a market is consolidating you can still trade inside the box. There is still good pips to be made. This consolidation range is around 150 pips. However the best way to trade these are to wait for the break!! And it required patience.
So what can happen when it break. If it breaks down it can hit 12000 as a fake break out and go back up and break upwards. or it can carry on bearish by breaking 12000. As for the bulls break of 12260 to carry on.
Bulls Target: 12400- 12800
Bear Targets 11838- 11618
SHORT OPPORTUNITY ON NASDAQ (Rejection from 6 mth trendline)!Bulls have been taking over the bears for the past few sessions, NASDAQ has got a nice rejection from a 6 months trendline. There may be an opportunity for an exhaustion/correction phase following a huge move upwards. This is a LOTTO trade and risk should be tight on this trade, in case the bulls take over again. It may retrace anywhere around the 50% level of the move on the upside.
Nas100 TP3 hitNas100 trade TP3 hit!
With our stocks strategy we work to a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
NAS100- 4Hr chart Analysis NAS100 4hr Chart Analysis
On the 4hr i have marked the 12400- which i analyzed on the daily. We need a break here to continue. However if we dont, i have highlight few scenarios what can happen. We need a break of our S/R to get to the next level. So follow the arrows alongside with the S/R to help you.
NAS100- Daily Timeframe analysis NAS100 - Daily TF Analysis
We are back at this crucial point in Nasdaq. We require a break of the trend line and the 12400 resistance for the bulls to continue. If we do break then our target is 12800- A New high. However if it fails we can see it come down to any of the previous supports for a pullback or a bear takeover!!!
NAS100- TP Hits Too easy when you know what you are doing. Tell me you don't see why I took these trade. They were clean trades with very small 40 pip risks. Took it little by little. I always Keep a 20pip gap at the top just incase it don't make it there. Because sometimes it find resistance a little below
NASDAQ100 TUESDAY TECHNICAL UPDATEWOW Traders,
What an amazing day we had with Nasdaq100 yesterday.
Well today is nothing much different. If nasdaq has a pulllback to 50% and 61.80% of the Fibonacci, then we will enter into more Longs. What do you think ? Comment or agree Followers. If not we will keep our Long profits locked and keep building into our champions TP4.
Anyway followers, take care and have a profitable Tuesday.
Cheers to Your Profits !!
possible move for teslawe see a formation of W is making. if its done then market retest marked level and go higher.
NASDAQ BULLISH MOVEThe NASDAQ has completed the predicted inverse H&S pattern and has broken the bullish channel. I foresee a retest of the channel to the 0.382 retrace point onward towards the 0.682 target point.
This move will most probably continue to Sept high of 12344.2 before.
NASDAQ100 SUNDAY TECHNICAL Hey Traders.
Welcome to a wonderful week of trading.
Last week we had such an amazing week. Nasdaq100 triggered our long entries then filled our TP1 and TP2. Then later in the week Nasdaq100 dropped to take the buy entry again and went up to filled 4 TP's. What an amazing week we had.
Well this week we have some good ideas. We are planning to wait for a pullback to 23.6% and/or 38.2%, then effect our longs.
Guys we hope you well for this week.
Cheers to Your Profits !!
NAS100- weekly review Weekly Pip Review
Monday: +94
Tuesday: - 40, +179
Wednesday: +87 +170
Thursday: No trades
Friday: +109
win: +639 pip
loss: - 40 pip
Total NAS Trades: 6 Trades
only 6 trades and 5 wins- 1 stop loss unavoidable due to fake breakout. Overall win to loss ratio amazing.
This week I gave free help to my students who are waiting to take the course this weekend and they couldn't believe how easy nasdaq is. You don't need lots of trades, only 5 good trades that's all you need.
Have a wonderful weekend guys!!!
Possible Double Top on Nasdaq Possible Double Top on Nasdaq 1H chart, if you take the trade then watch out for possible reversals.
Trade safe!
Possible Head and Shoulders On 4HMy outlook for Nasdaq today, i see a Head and Shoulders on the 4H chart. Let me know what you think, trade safe and have an amazing week!
NAShumm only been down a year or so and 4-5 years ago was doing $148 - $220 a share till just this year. Fallen Angel?
NAS100 Analysis NAS100 - Analysis
Currently NAS is consolidating. This is the area to concentrate on today. Yesterdays analysis still valid. We may get nas coming back to fill some gaps before going up or it may just go up
