NDX 22860 if we break that fvg we are gonna be to the moonUS 100 Cash CFD forum
NDX 22860 if we break that fvg we are gonna be to the moon
USTEC hi guysI hope you are doing well
I adjsusted another TP for my Gold open trade to be as following:
Tp 3360 (already hit)
TP2 at 3390
TP3 3340
And I do not consider closing my gold trade at time being
(when I opened my gold trade I hit 0.7% profit and it went down and I even lost all profit but my closing trade condition was not met so I did not close and I was patient and gold trade tp1 gave me 1.5% profit from the opening price! Instead of Just 0.7% because I controlled my emotions and was not afraid from the down moves because I knew it would go up and it did))
Same here for US 100 but opposite direction
(short)
My short trade was opened on 04.07 with a price 22850 as I announced and I could close it on a good profit when index reached to 22580 or today at around 22640 but as this trade is a swing trade so, I am patient same I did with my gold trade and any other trade
(I totally understand swing trade does not match the unexperienced and the scalpers who think I am wrong but later they will understand in one day because it needs huge patience and descipline and emotions control)
As I said, any day candle would close above 22850 or max 22900 I would consider closing my short on the minimal loss
(and if you follow my posts, I said any 30 mins candle would close below 2283 I would close my gold trade, you see the difference? I used the day candle with nasdaq however I used the 30 minutes candle with gold as every thing is different and ways of my analysis could differ too and everything has its reasons)
If you would ask me now why I did not close my short trade when it reached to 270 or 210 profit points?! Because if I would do so, it would mean either I use indicator can direct me or I do not respect my analysis and I do not do both
I have to stick to my big view analysis and my only condition which I set for the closing the trade!
I update always when the trade goes on the right direction or against my direction to make you realise the difference between a swing trade which needs experience and patience and to not hurry up collecting profit or closing a trade but rather follow the analysis which would guarantee the minimal loss and the max ever profit! And between the intraday trade which depends on short moves and requires other skills... So that doesn't mean that swing trade or intraday trade are wrong but totally differ from each other!)
I totally understand the feelings of some here but I have no feelings guys! and I am not getting involved with any side talks as you see!
((We are higher and much better and respect the different views))
NAS100 Short sellers will be adjust their SL at the peak 20,860-20,880. At present, it’s a battle between the market makers and the bears.
NDX Would like to see price purge 22400
As of right now this is scalper territory
#besafe
USTEC for days traders. I hope you took profits on that LH. we could keep ranging till 22707 until the market closes if we do not break 22850 today. expect the move to happen in the last 10 minutes before close today.
USTEC Never follow anyone who tells you to short the nasdaq if you have been trading for less than 4 years. no matter how many followers they have. they have no charts to show so as to not have evidence of multiple failed trades. they spam the minds/discussions with posts bragging about another instrument's trade and play down their low reward short index trade like its their private gaming twitch stream.please do not short the nasdaq in an uptrend until you get conflating after a support trend line is broken and then retested from under.
learn how to short and dont follow anyone blindly even if they have thousands of followers.
this is gambling at best. DO NOT try to guess where the wave ends. you're only fuelling the flames of the bullrun
NAS100 Remember, the short sellers will get more aggressive and add more shorts to recoup their losses. Just wait and go on watch mode and resume buying at the next higher low next week. We bulls have made our point!NDX I believe it is able to sweep Thursday 4H at 22950. Rocket launchingUSTEC R:R sucks for bears in an uptrend and vice versa. how is this hard to understand?the more the shorts pile up at every pump, the higher it goes. understand liquidity, and you'll know why your shorts keep turning against you.
NAS100 NAS100 Knock Knock 22,850? Who is there? It is your home boy, the Market Maker. I wanted to tell you to stop using my name on minds, I don’t even know who you are, but you owe every retailer a refund you misguided and have lost their hard-earned money by following your advice."Whoa, Market Maker! I thought we were just playing the game of ‘sell short at every peak ’ for fun! Maybe I should start a new career as a fortune teller—at least then I can say I saw this coming!”
“Well, if I had known my advice would lead to this, I would have stuck to predicting the weather. At least then, when I’m wrong, people just get wet instead of broke!”
**Disclaimer: This is Fun Fact Only* Have a nice weekend **
Reminder : Nobody is the best. Respect the markets or get humbled.