Team, NAS currently sitting at 23480, before the US market open
however during the market open, please be aware of the volatility that may hit your stop loss
You have 2 options to trade on this NAS- NASTY
Option 1: wait for market open, if it hits 23500-23515 - then short with stop loss at 23580
Option 2: Short at the current market with small volume - and if the market open with volatile, you can take another advantage of shorting more volume as per option 1 instructed.
OK, pick your strategy! do NOT be shy.
I am going to have small short position and will consider adding more during US market opening after 5-10 minutes, much easier to see the direction of the market - we do LIVE trading everyday. Please note: if NAS fall below 23450-40 bring stop loss to BE (Break even)
1st TARGET range: 23435-23416 - make sure take 70% volume
2nd target at 23390 to 23376
Why do I short on NAS when tomorrow rate decision, i think this quarter report, market will not be the same as last quarter, even rate cut!
however during the market open, please be aware of the volatility that may hit your stop loss
You have 2 options to trade on this NAS- NASTY
Option 1: wait for market open, if it hits 23500-23515 - then short with stop loss at 23580
Option 2: Short at the current market with small volume - and if the market open with volatile, you can take another advantage of shorting more volume as per option 1 instructed.
OK, pick your strategy! do NOT be shy.
I am going to have small short position and will consider adding more during US market opening after 5-10 minutes, much easier to see the direction of the market - we do LIVE trading everyday. Please note: if NAS fall below 23450-40 bring stop loss to BE (Break even)
1st TARGET range: 23435-23416 - make sure take 70% volume
2nd target at 23390 to 23376
Why do I short on NAS when tomorrow rate decision, i think this quarter report, market will not be the same as last quarter, even rate cut!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.