Day 105. uptrend in Nasdaq100 bulls still way stronger but the constant Beds and DTs that are forming are one to take into consideration. are the bears really back or this is just a correction phase. my bias for today will still be bullish till a proper break past the Hl.
October: 11 trades (8Ws, 2Bes, and 1L)
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
3 Rules:
a. one trade a day (always)
b. always know the current trend
c. only buy after HH breaks and sell after LL breaks
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!