USTEC I thought US Tech 100 & NAS100 are the same - why is one at a 20 point discount to the other?US Tech 100 Index Cash forum
USTEC I thought US Tech 100 & NAS100 are the same - why is one at a 20 point discount to the other?
NASDAQ for example, my entry was at the area where it dumped toNASDAQ if your are not entering from FVG (especially bullish ones) on a minimum timeframe of 1hr.. you shouldn't be trading Wall Street indexes. My experience here. If you must stay on volatility side.. try gold.Avoid bitcoin 😅
NAS100USD Reasons for only trading the trend:
1. Because the price has to break the ATH (Guaranteed)
2. So I trade from my largest HL always...
3. If the market goes up and suffers consolidation...I simply take the profits and wait for the next round of HL's
5. The market will keep doing this until the the ATH is broken again and that is a fact if you look through history.
6. when I take the HL's when that break comes, I will be already going with trend and so there is not need for me to adjust my bias and I can let my trades run.
If I trade the retracements, I will always have to remember to adjust my bias when the retracement is over....rather than do that, I just take the HL's as it will only be a matter of time for the break to the upside to another ATH to happen.
HL's to HH's guaranteed.
#oneauberstrategy.
NAS100USD Has anyone considered that the monthly candle will look similar to February if we will dump to the same magnitude by Friday. Quarterly OPEX sits at 19,800NASDAQ Russian roulette
USTEC important! Hi guys,
Open the 4h frame chart, and then you observe thet all spikes, started when the price bounced from around 21700 or 21712 or around this area! Correct!?
Why all spikes and trials did not succeed to reach and break the ATH?
Because each time the price goes down to that area or below that area a bit, we got used to find a bullish momentum trying to reach the ATH but it does not work!
To make it easier to understand what I mean,
Let us take a simple example, related to physics!
Imagine a ball in the air went up and because of the gravity, it went down, that is normal
And before it reaches the ground, I pushed it above again before it touches the ground by my hand like volley ball for example! the strength I have, will not be enough to send the ball higher as if I waited to go more down then I will hold it (consolidation!) then I will use my foot to kick the ball higher above!
Sure the ball would go higher! We all agree on that! Ok
My foot then at that level around 21300/20095
To go up, the ball must reach my foot to kick it strong! Then it would generate enough rough momentum to go up and break the ATH
Because I understand the analysis I think pretty good, I observed that especially 21300 is essential to visit to generate that power, we could fail to generate that power even after 21300 but no way at least to break the ATH before being there.
21700 is where my hand is, to push the ball up
21300/20095 is where my foot is, to kick the ball up
That is why I was and still confident enough regardless all failed trials that we would not reach the ATH before that drop! Not as some thought that we would reach the ATH then go down, that is no logic, as once we break the ATH, we will revisit then bounce up from and so on!
I hope I made it easy to make you finally understand what I meant since two weeks ago!
NAS100 Market is in trapping mood . Gold and Nasdaq (Something looks fishy )NAS100 small risk entry . Lets see
US100 before any dump this will revisit until 21927/21958