NAS100 Technical Analysis and Trade Idea NASDAQ👀👉 Our analysis is centered on the NAS100, which has shown bullish momentum on the daily and 4-hour timeframes. However, with the price now at a resistance level, we anticipate a potential pullback to the Fibonacci 50% to 61.8% retracement levels. We incorporate key elements of technical analysis, including trend evaluation, price action, and market structure. Additionally, we will outline a potential trade setup and discuss strategies to approach it with a higher probability of success. Please note that this analysis is provided for educational purposes only and should not be considered financial advice. The insights shared are speculative and do not guarantee future market behavior. We strongly recommend verifying current price actions before making any trading decisions. This presentation offers an in-depth examination of the current trend, market structure, and price movements. However, it's important to understand that while the content is educational, it does not guarantee trading success. The foreign exchange market carries significant risks, and we strongly stress the importance of implementing robust risk management strategies in all trading activities. We urge you to conduct thorough research and exercise careful consideration before making any trading decisions. Stay informed, remain vigilant, and approach the markets with a well-prepared strategy. 📊✅10:03by tradingwithanthonyPublished 2
8 Key qualities of a good traderA good trader often possesses a combination of skills, discipline, and mindset that sets them apart. Here are eight key qualities: 1. **Discipline**: A good trader sticks to a well-defined trading plan and doesn't let emotions drive their decisions. They consistently follow their strategies, whether in profit or loss, avoiding impulsive actions. 2. **Patience**: Successful traders understand that good trades don't happen every day. They patiently wait for the right opportunities that align with their trading strategy, avoiding the temptation to chase the market. 3. **Courage**: Trading often involves making difficult decisions under uncertainty. A good trader has the courage to take calculated risks, enter trades that align with their analysis, and stay in positions even when the market is volatile, as long as their strategy supports it. 4. **Confidence**: Confidence in their trading strategy and decisions is crucial for a trader. A good trader believes in their analysis and is not easily swayed by market noise or the opinions of others. This confidence helps them stick to their plan even in challenging situations. 5. **Consistency**: Consistency in execution is key to long-term trading success. A good trader applies their strategy consistently across different market conditions, refining it over time but maintaining a steady approach to achieve reliable results. 6. **Analytical Skills**: A strong ability to analyse market data, charts, and trends is essential. Good traders can interpret technical indicators, fundamental data, and market sentiment to make informed decisions. 7. **Risk Management**: Managing risk is crucial in trading. Good traders set stop-loss orders, position sizes, and risk-reward ratios to protect their capital. They understand that no trade is guaranteed, so they always prepare for potential losses. 8. **Adaptability**: Markets are constantly changing, and good traders can adapt to new conditions. They update their strategies as needed, learn from mistakes, and stay informed about market developments to remain competitive. These qualities, combined with experience and continuous learning, help traders succeed in the long run. Many happy trading years ahead.........NicheFX.Educationby Costy13Published 227
Nasdaq Eyes Breakout as Futures Stall Before Fed MinutesFutures stall in lead-up to payrolls revisions, Fed minutes Nasdaq Technical Analysis: The price remains consolidated between 19625 and 19840, awaiting a decisive breakout. Bullish Scenario: A potential pullback to 19625 could precede the continuation of the bullish trend. Sustained stability above 19625 would support an upward move toward 19840. A 4-hour candle close above 19840 would likely propel the price towards 20100. Bearish Scenario: If the price breaks below 19625, confirmed by a 4-hour candle close beneath this level, a bearish trend may develop, targeting 19390 and potentially testing the 19210 support level. Key Levels: Pivot Point: 19730 Resistance Lines: 19840, 20100, 20260 Support Lines: 19590, 19390, 19220 Expected Trading Range Today: 19525 to 20100 Trend: Bullish above 19625Longby SroshMayiPublished 4
NAS has to correct itself before reaching healthy low-risk ATHsNasdaq has to correct itself before we can safely reach new ATHs. We await the FOMC minutes and the rate cuts. If cuts are indeed only 0.25bps the market will respond negatively. The market may spike with 0.50 and be mute for a while. 0.25bps has been priced in for weeks already.Shortby dylanvj1Published 225
NASDAQHello Traders, it been a while since I shared my ideas with the community😁. Firstly I would like to apologise for publishing on the phone I lost my laptop thanks to tradingview I easily recovered my things🙌🏽. So today I think the market is going to sell according to my fib and my price action strategy but I would suggest u to be patient and found the sell signal.UShortby LUNGELO_NZAMAPublished 3
NASDAQso price played out beautifully, as predicted i was 100% correct on the buys, now expecting one more drop on nasdaq to mitigate the 15min order block were i will be entering long again, nice set up over all accumulation then manipulatioin to the bottom side, then taking off to the upside true direction, then a retest to take out liq, and now expecting a mitigation on the 15 min order block at bottom before the take off Shortby martinale0217Published 4
NASDAQ, 20K after correction possible.Hello everyone, I would like to share my long term view on the NASDAQ with you. Feel free to tell me your opinion in the comments.Longby KyreanUpdated 3
Bearish reversal?USTEC is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which is a pullback support. Pivot: 19,916.63 1st Support: 19,407.18 1st Resistance: 20,442.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.UShortby ICmarketsPublished 3321
US _ 100 _ Cash _ CFD _ Next _ Distribution _ Prices. US _ 100 _ Cash _ CFD _ Next _ Distribution _ Prices. Not require to write the whole thing as the numbers continue. 1st Distribution = $19,718.8 2nd Distribution = $20,018.0 3rd Distribution = $20,326.1 After the distribution prices expecting a drop to the level of $19,045.1 range. Shortby Skill-Knowledge-ConductPublished 224
Zone enteryOnce daily low/high was created, wait for a displacement candle in the opposite direction. Draw a bar to highlight displacement. Wait for market to pullback in to displacement. Enter position, stoploss on top/below displacement. Take profit 20 handles in profitby dumisolomonsPublished 113
Nas100 1h analysisNas100 to mitigate unmitigated FVG zone. Expecting 1 of the 2 zones to be mitigated and from there continue to reach 20670 price Longby ronaldrametsi89Published 3
Nasdaq to go short soonPrice is currently on a resistance zone and forming some rejection candlesticks. Formed a bearish engulfing trying to show that it is about to change direction. Shortby Lezzy_LezzPublished 5
NAS100The Nasdaq Composite is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States. Shortby HavalMamarPublished 5
H4 NASDAQ BUY IDEAWaiting for OB to be obeyed. 1. Take entries upon H4 Break Retest of the OB with Break Retest entries on M1, M2 & M4. Trading time: 6:42-8AM, 8:42-1018AM, 1042-1200 NOON, 1642-18PM, 1842-20PM, 2042-1018PM EAT. Entry timeframe: M1 M2 M4 Risk up to 1% per set up. SL 30 pips or 30-60 pips for entries held past 20 PM EAT and haven't hit RR3. Move SL from 60 pips back to 30 at 9AM EAT. Swing Targets 26049 31337Longby YahkinBankPublished 2
H4 NASDAQ BUY IDEAWaiting for OB to be obeyed. 1. Take entries upon H4 Break Retest of the OB with Break Retest entries on M1, M2 & M4. Trading time: 6:42-8AM, 8:42-1018AM, 1042-1200 NOON, 1642-18PM, 1842-20PM, 2042-1018PM EAT. Entry timeframe: M1 M2 M4 Risk up to 1% per set up. SL 30 pips or 30-60 pips for entries held past 20 PM EAT and haven't hit RR3. Move SL from 60 pips back to 30 at 9AM EAT. Swing Targets 23761 27681Longby YahkinBankPublished 0
NASDAQ CHART 20.08.2024Nasdaq has taken liquidity at the topside and now needs to head towards our buy side liquidity and have a future retracement of out 50% zone on FIBS We will be seeing a retracemt at 19950 till 19800 to Buy again. Shortby vbaichand10Published 4
Daily price cycle (distribution & expansion)We might be seeing the beginning of the move of the week after price appeared to be shifting structure to the downside right after what might be a fakeOff from 19750, if you are familiar with the wyckoff price schematics one might say that we just saw an area of distribution that might push price to the downside. We did see that the last point of supply pushed so high that it appeared as is price might take out the UTAD creating a re-accumulation instead of a distribution. UShortby Leon_MashPublished 3
Daily price cycle (distribution & expansion)We might be seeing the beginning of the move of the week after price appeared to be shifting structure to the downside right after what might be a fakeOff from 19750, if you are familiar with the wyckoff price schematics one might say that we just saw an area of distribution that might push price to the downside. We did see that the last point of supply pushed so high that it appeared as is price might take out the UTAD creating a re-accumulation instead of a distribution. UShortby Leon_MashPublished 4
Nasdaq Bearish Rising Wedge The July breakdown occurred in 5 waves, this is a warning that the bear move is only just beginning. This rising wedge coupled with the MPOX recent developments is warning of a potential crash.Shortby WavesPatternsCandlesIndicatorsPublished 338
WE ARE SHORTING NAS100 - We decide to short the NAS100, at 19730, stop loss at 19815, Target 1 at 19097, target at 18619, target 3 at 17856. Please note, once the target meet our first target, trail stop loss 17993. we expect both target should be hit this week. Shortby ActiveTraderRoomPublished 339
NAS100USD SELL ANALYSISHere on Nas100 price has moved uptrend and now reverse at level of 19782.7 so is likely to sell and targeting profit should be around level of 19596.7 . So is important to use money managementShortby FrankFx14Published 0
NASDAQ Daily ForecastExpecting a ranging day with the minimal news within the day and the fact that we have been trending for a bit. Model predicts a small range expecting price to range as we already covered most of the range within the London session. Or will the FOMC affect the range in the evening news.by fx_arrayPublished 0