lazyluchi

08:57

lazyluchi Updated 

New week in NQ. 12500 is the MARK for bears and 12800 is the MARK for bulls. The structure is currently a little bit mixed because there’s a LH and the HL hasn’t been broken yet. Let’s see what she begins with. Have a great WEEK y’all. New week in NQ. 12500 is the MARK for bears and 12800 is the MARK for bulls. The structure is currently a little bit mixed because...

lazyluchi Updated 

Td36: Today, the NQ isn’t exactly BULLISH neither is she BEARISH. There’s something of about her structures. There’s an established HIGHER HIGH at 12894 and now a LH showed up as well but there’s no LL. So, I really can’t take TRADES today until there’s a defined structure.

lazyluchi Updated 

Td35: The NQ BULLS are still in. After that successful break of the 12120. The come back was insane. I can’t tell where the next RESISTANCE will be maybe 12800—But for now, She’s BULLISH.

lazyluchi Updated 

Td34: I ended January with 4ws, 3Ls, and 3BEs. Haha. I didn’t think that month would even END well considering how I started. FEBRUARY, The BULLS of NQ came back after that falling wedge pattern and BULLISH DIVERGENCE. 12120 is the mark though she breaks past it, BULLISH baby!

lazyluchi Updated 

Td33: I mean mere looking at the NQ, you can just tell the BEARS are currently in. However, there’s something that says, “FOR HOW LONG?” and that’s the 11840 level. I mean I can’t take BUYS yet obviously but I’ll have to wait for a proper break of that level to go short. What do you do in a situation like this? I think just wait and see what she’ll do. A break of...

lazyluchi Updated 

Sunday's NQ Review: So the weekend went by really fast. I can't even believe how fast it was. The lady NQ will be open soon and she's still really BULLISH. I can't say what to expect just yet but, judging from the structures, I still see the BULLS. There's really no LOWER HIGHS or even lower lows yet to start anticipating the BEAR'S return. Unless, MONDAY'S...

lazyluchi Updated 

Td31: I might end the week with taking only one TRADE. The NQ bulls are having a tough time. A bearish divergence popped and now I can’t help but think the BEARS might return. I can’t go SHORT because there’s no defined LOWER HIGHS yet. So I’ll remain LONG although not defined.

lazyluchi Updated 

Td30: 30 DAYS since I started my TRUST exercise. 30 days of DATA and NQ structure. I mean it’s been a messy structure since NOVEMBER but I can say it’s also been, A unique experience. The BULLS are back? I’ve finally accepted that the NASDAQ100 won’t be stable for a while. All we can do is just follow the MARKET. No guesses; No assumptions. Most importantly, No...

lazyluchi Updated 

Td29: NASDAQ100 bulls have failed at keeping this TREND going. There’s a new LL and a possible LH although not properly formed. With the information, I wonder if the BEARS are back for the mean-time. My bias can’t be LONG because of the structure and if SHORT, I’ll have to wait.

lazyluchi Updated 

Td28: NQ did something similar yesterday. However, I can’t say the OUTCOME would be same. The BULLS paused again and the LONDON got a little quiet. Seems the NEWYORK has all the moves. My bias is still BULLISH till there’s a break below which changes the STRUCTURE. Let’s see!

lazyluchi Updated 

The BULLS are back? A rhetorical Q everyone’s longing to ask. But who answers? The NQ has been on a swing for the longest time. By “swing” I mean the one we all sat on as KIDS. Erm! there’s a lot of BULLISHNESS going on in this one and the lady sure knows how to pull our legs. All I see is, A big struggle between the two opposing ANIMALS as usual. The messiness is...

lazyluchi

The market gives to us what we mostly DESIRE. This thought came to me today while I was reflecting on my past TRADES for the year. January started off SH*TTY and I remember how I was so close to my PAYDAY. Then I took an L and another one, AND, yeap—another one. What could I have been doing wrong? I mean, I’m following the RULES, right? Listen, trading is really...

lazyluchi Updated 

Td27: Is today for the BULLS? The structure of NQ has changed a lot from High to Low and High again. Can’t even keep up. Today I’ll be looking at the BULLISH side only because she has failed at creating a recent LL on the LTF. Anything could happen but I’ll have to wait and see.

lazyluchi Updated 

Td26: Yesterday BULL setup went well, However, the bulls couldn’t even hold it before the BEARS returned—AGAIN. This time, I really don’t know the plan. The NQ has been going back n’ forth for the longest time and we are left to manage her scrumb everytime. What’s the plan?

lazyluchi Updated 

Td25: I mean if you look at the NQ twice you'll see that the BULLS have an upper hand. However, The BEARS are not leaving anytime soon. In this case, I'll only consider going shorts when there's a proper 11500 break. Till then, I'll be LONG. Let's see what she offers. What's your take?

lazyluchi Updated 

Td24: Won’t be TRADING today because of the break. So, I’ll just use today to OBSERVE what the NQ is planning to achieve with the current structure. Is this just a PULL or some BEARS are about to walk in. We’ll see. Till then, BEDs should be avoided for now. It’s still 6 trades.

10:42

lazyluchi Updated 

I've been trying to upload this one since YESTERDAY. Haha! Anyway, Here's a new journal entry from the 2nd week of January. Here are the lessons: 1. Use the DIVERGENCE as a tool to know when there's a pause or stop in the current TREND to avoid getting stopped only for the MARKET to go your way. 2. Avoid the NEWS and OPEN of the NYSE (If you're trading in a...

lazyluchi Updated 

Td23: This week in NASDAQ100 has been an annoying back n’ forth. The BULLS taking the TREND then comes a major news to bring back the BEARS and vice versa. Currently, She’s been making “LOWER-HIGHS” without new lows. So, I can’t say she’s BEARISH or BULLISH. It’s a mixed vibe.