Another day in the NQ and still in that damn range. This time, below the 50. She’s been indecisive for a while now and can’t tell where she’s headed. As for structures, There’s still the issue of having HLs and LHs in a market at the same time. Till there’s a clear direction—WAIT
New week and NQ is still in that little range. Not exactly BEARISH; Not exactly BULLISH. That’s how you know it’s a range. Usually in situations like this, I wait till she decides. Breaking HHs to form new ones or Breaking HLs to form new structures. It’s undecided.
I'm looking for LONGS because of the current structures (HLs with a “left-untouched-hl”). NQ hasn't exactly broken past the last LOW she created. So, I can't exactly take SHORTS now. Right? However, I’m watching this one keenly.
NQ’s news reaction was epic. I mean I saw the signs (wedge, bearish divergence) but she didn’t fail at giving that FAKE-OUT first (which I gained from btw). Anyway, Now she’s currently at a confusing state. Created a LL but no LHs so is she really bearish? I can’t say! I’m monitoring the 50 and 20. A break above the 50 gives a little BUY opportunity. I say...
What have you heard about WEDGES? This is NQ currently in one. I have seen a situation like this, But I can’t exactly marry the idea of it going to fall just yet. You just never know. Ergo, I’m prepared for what’s to come. She’s really been moving slow this week. No TRADES yet.
No opportunities in NQ yet. She’s been like this since yesterday. Waiting on that BREAK. I have two plans: A break above 80% for a BULLISH continuation if any or A break below the 20% if the BEARS decides to come back in. So, I’ll wait to see what she decides to do.
New week in NQ and I’m seeing the BEARS came in after that divergence. LHs created with a broken HL and “yet-to-be-broken LL”. I have a short bias just because of the current vibe. However, I’ll consider longs if the LL fails to break and a HL is created. What’s your plan for NQ?
I think sometimes we tend to be so stuck in the PAST that we neglect the PRESENT. That being said, I am a working on that. Lol! The reason I want to always remind myself of this: No matter how weird it looks always go with the “current” TREND. Then when there’s D and A, stay out! The idea of saving my WINNERS was suggested from a TRADER'S email list I'm subscribed...
I will be TALKING ABOUT MY LOSERS AND WINNERS AND THEIR LESSONS. These videos will be in parts. Be sure not to miss a thing. I’m a sucker for STRUCTURES. I think I first fell in love with just figuring out the building block for this FOREX thing before even thinking about them executions (don’t do that by the way). My entry levels are usually based off Ts and...
Slow day as usual. Till maybe the NY open. NQ is still in an uptrend and hasn’t broken past any HL for me to consider a CIS. My bias is in the direction she’s currently at. There’s a bearish divergence though indicating some sort of weakness. She could switch up at anytime.
First thing to note is them (NQ) HHs and HLs after that BUD formed. She struggled a bit but it was just a bullish vibe all through. Never broke past yesterday’s 20. Now, she’s at a previous resistance (12309) wondering if she’ll break past it. Will the thursday’s 3/9 break?
For NQ today, I’ve been waiting for the break of them structural L&Hs. I’m only getting mid levels. Missed the first HL break. She breaks past the second, I’d then start considering the opposite side. Waiting to see if I get the second. I actually had a dry week but, We muvee!
Td60: It’s been 60 days already. Damn! Anyway today’s the last day for my “Td” haha. The idea of this was to digest my strategy after the other “120 day” exercise I did. That means I’ve literally done this consistently for 180 days (I’m proud of myself). The lady NQ is in a downtrend-range and this is a tricky spot for her because it’s this zone that determines if...
Td59: I can only say it’s been a journey. The NQ’s “60 days exercise” I did ends tomorrow. That aside, She’s in a phase. There’s LHs and LLs. But that might not be the case for long as the BULLS are threatening to break past that 50%. The RSI say’s they’ve broken already.
Td58: The last days of my 60 days trust exercise. The NQ bears are in and she’s currently at the 20 or as some TRADERS will like to call it, “OVER SOLD”. There’s usually a pull when it’s at this point, If backed with a DIVERGENCE and a valid structure then, maybe a reversal.
Td56: NQ bears started their build after yesterday’s 50% break. New LHs have been formed and I want to see if she holds or she creates new LLs. For now, my setup is BEARISH till there’s an LH break. What’s your plan? (Trades - 1BE)
Td 55: Today in the NQ, The BEARS seem to be prepping after a failed high and that bearish divergence. I’ve marked the 80 and 50, All I need is—Wait to see what happens next. Will her structures change or this is just a pull? Anything below the 50% answers that question.
Td54: NQ bulls have shown signs or weakness. A bearish DIVERGENCE is clearly visible. I’ve marked the 50 and 80 respectively to see if she continues the UPTREND or we settle for them BEARS. Some might call it “OVER BOUGHT” but I’ll like to see a change first before anything.