I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am GMT From my previous post you will know that I had a buy position at D. running. As the morning progressed, market came down and the long wick at E. took out my D. position because I had secured at entry. ...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am On 5 March I entered buy positions at C. Refer to that post for confirmations Market moved up, breaking the 1H neckline and retesting the neckline at E. Bulls pushed through all obstacles (i.e. various...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am During analysis noted the following: So following on from Monday's analysis, I had identified the yellow highlighted area as my "Zone 2" area of interest This was a strong area of confluence because: It was...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am (just before 1am EST) Looking exclusively for a buy because "the trend is your friend" During analysis noted the following: Price consolidating in a triangle on 1H (marked by blue circle) I feel the...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 6:30am GMT (1:30 EST) During analysis noted the following: The February month candle closed as a green momentum candle, indicating a very bullish market, despite being at all-time highs...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Looking exclusively for buys - the trend is your friend! :) Did my analysis at +- 5:20am During analysis noted the following: Bulls rallied over 2000 pips yesterday and overnight, had managed to keep price at this level. Market has...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am During analysis noted the following: The 4H EMA has acted as a strong support for 2 x 4H candles (marked at A.) The D neckline (you see it better on the line chart) that was previously broken down and...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. My feeling about today’s price action was that price would just consolidate as we all wait for this action packed week to kick off. No amount of technical analysis will help – bears or bulls will step in...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) I'm reading a trade phycology book called the "Mental Game of Trading" by Jared Tendler. In it he explains that each trader has a C-game (where all your worst mistakes are made), a B-game (where you are a little bit profitable but are...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. Looking exclusively for a buy – “The trend is your friend” Tesla earnings came in below expectations and Tesla execs advised of lower growth for 2024. Not good. Risk for the day was that Nasdaq might take a...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. Looking exclusively for a buy – “The trend is your friend” Netflix earnings came in showing good forecasts Risk for the day was that there may be hesitancy for traders to step into the market, as we wait for...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. At time of analysis I noted the following: I still had some buy positions running from yesterday. Noted that the early morning bulls had pushed up and were respecting the orange uptrend line. Unfortunately,...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. At time of analysis I noted the following: Early morning bulls had push up even further. Bullish trend is clear and I will be looking exclusively for a buy – “The trend is your friend” However, on pulling...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. At time of analysis I noted the following: The early morning bulls had pushed up significantly. This means that my bias would definitely be bullish and that I would look exclusively for a buy. Exclusively...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. At time of analysis I noted the following: A double bottom had formed on the 1H and 4H TF. When market patterns form on both the 1H and 4H TFs, we have multi-timeframe confluence, and this is a very powerful...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Back from a bit of a long weekend! Did my analysis at +- 5:20am. At time of analysis I noted the following: Nasdaq had been moving strangely since CPI. Consolidating on the D TF with very long wick candles and doji’s forming. But the...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) After yesterday’s volatility, I knew that today’s PPI would be important for investors. As the day progressed a double top formed on the 1H TF and a head and shoulders formed on the 4H TF, both sharing the same neckline. The pivot had...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Thursday was CPI news release. I usually don’t like trading in the hours before the news event because market is often times very flat. I left a small position open from Wednesday, but closed at A. when I noted the weakness on the 15min...