lazyluchi

Nasdaq100 What Now Episode 129

lazyluchi Updated   
OANDA:NAS100USD   US Nas 100
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!
Comment:
Trade active
Trade closed: target reached
Comment:
Day 105. another W for me in the market. seems the bears came back in but I can't be bothered i've taken my share..

October: 12 trades (9Ws, 2Bes, and 1L)
Comment:

Day 106. The Nasdaq100 is now in a distribution stage. The question is, distribution to continue the uptrend or the beginning of a downtrend. Because of this, i'll be staying neutral today till I get a break out and direction as to where this lady is headed. Have a beautiful day..

October: 12 trades (9Ws, 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!
Comment:
Day 106. A bearish break after the distribution (range) are the bears back. If so, then we might start looking for shorts..

October: 12 trades (9Ws, 2Bes, and 1L)

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