Expecting price to hit last weeks low on the 28 by the end of the week. this trade is a 1:4 risk to reward. Primarily using trend analysis and engulfing candles.
Nas100 trade estimated on 10/27 to hit 10/21 last weeks low. 10680 Trade has rejected off of the high, and is in a sell continuations.
Sell Loser on nas100 wednesday morning opening. Testing the 3 minute fair value gap of ICT. Bulls took over the trade
Place a pending order for the sell continuation post cpi news. Will take my profits and leave for today. Pros: Pending order placed won in less than 3 minutes what happened next: The market did not continue to sell off, and closed off the imbalanced Did You Pass your trading goal: 1. Today goal was taking profits off of the table immediately. Trading less,...
Positives: 1. Reduce my risk per trade to .2% per trade instead of 1% risk which was my last week mistake 2. Correctly identified range markets OANDA:NAS100USD Negatives: 1. Re-entered the trade multiple times assuming I've mastered the range market. But I was entering the lows Action Items for next week: Wednesday markets can cause the most reversal...
Planning on a short sell of nas100 after major pull back during new york session
One of the best trades of my week. Risk 1:1 on this trade, and was able to setup up sell limit based on predicted on sell order block location. This was based on discrepency between open and close values of the previous two hours to place limit order.
Looking at nas100 to break off fair value gap and sell off for another percentage point today.
Made similar issue as yesterday due to not changing my risk down to .18. Also yesterday was a ranging during my trading times. I was also in a meeting. Sells began to win yesterday at 12 pm. Which is an interesting note. I'm happy i was able to take one loss and walk away. Which was an improvement from yesterday.
This is not a long term trade. But currently price is in at a resistance level and sellers could percieve this as an area to seller. Learnings from yersterday will let me know to get in an out trade of trades tomorrow, and win as early as possible. The core lesson learned revolved around staking my sellers, and not knowing when to close the trades. Final sale...
Strategy is based on pick on roll a small 1:1 risk ratio. Short term trade that's against the short term bullish momentun
Short sell on nas100 based on moving average and long term bias
US30 coming off of a bearish momentum of two days, even though the higher time frames are bullish. The past two days of news have created a large amount of uncertainty in the market, and as a result has caused a consolidation. I'm seeing a breakout into upward as the market is complete with its a current correction.
Nasdaq has hit key levels on all time highs, abs I’m expected it for up to 13600 then down 135500