NAS last update for the weekDone for the week.
will hold it tell tomorrow or even next week .
Catch ya during the weekend.
Note: Am looking for 3 potential traders who are based in S.A, Gauteng and been in a market for quite sometime however been struggling to pull through the market even though their setups do come out right in most cases.
Am based in VAAL(Gauteng) feel free to reach in my dm
Ustec
NASDAQ trade idea with RESPECT to BEARISH TRENDLINECongrats on our previous short sell and short buy retracements as seen on previous posts, However now NASDAQ would touch resistance and reverse for a short sell back to supports level with respect to the MAJOR BEARISH TREND-LINE. Hence watch if 7500 parameters breaks we goto 8000 and if that breaks we go to 8300(But that's just a bigger picture of the strategy aim) I'll update as usual before all that, For now we Wait for reversals(Candle,patterns) Then sell! Or also place a buy-stop @7500s - 8000(Because if activated bearish trend is broken). Please Like and share your ideas on this particular pair too. Hit follow and get daily NASDAQ updates. Also always apply proper risk managements thanks!
20200227 Nasdaq trade idea
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Nasdaq trade idea updates(15m)Congrats on our short sell buy, long to resistance(Due to Double bottom formed), We don't go further yet because i see another pullback(Head and shoulders formed properly) yet to complete right shoulder, Enter a sell now and Apply Buystop Then use buystop CMP as Sl for your sell and your sell entry as SL for your buy stop and hold, Weve minimzed our risk there, Because if buy stop activates to an incomplete pattern and breaks resistance then we finally go long to 9500(Buystop TP). Follow me for more info and updates. Please also comment and share your ideas on this particular pair too. thanks!
Nasdaq trade plan for this week(4hrs)(MUST SEE BEFORE TRADING!!)Lets all See this before trading nasdaq this week..Even before market opens or before i give buy/sell entries lets note the whole trade plan on charts for this week(Resistance, Supports, Trendlines, Reversal patterns, Ranging parameters) as nasdaq currently on an indecisive state.. Either breaks support/bottom trendline and form a new bearish or reverse and keep respecting the bullish trend as before! If it breaks 8930(Pink shade in middle) we would go all the way down to 8700 otherwise keep bullish with 9000 above! But ill give entries afterwards. Please comment and share your ideas on this particular pair too. thanks!
20190918 US Nasdaq trade idea (Update 20190920)Previous Nasdaq analysis....
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Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions.... I just post things for fun based on what I've learned and that may be incorrect. Seek help from a REAL certified financial adviser (NOT who I am - I'm nobody) for your investment or trading decisions involving real money .
NAS100/NASDAQ/USTECNASDAQ/NAS100/USTEC
Currently making a possible double bottom & lying on 0.5% level of fibonacci & Trend Support.
Should it be a buy?
Bigger TF are closing below trendline, however am still hesitating whether a double bottom formation is stronger OR trend breakouts.
However, you can have a Sell Stop placed 50 pips below the wicks and easily capture 600-900 Pips or a buy which I'm still concerned about. Will be looking at it's sentiment once the market is open, trade safe :)
