Bullish on NAS overall, however the Daily FVG below likely wants to be traded into before the move up.
If the FVG fails, I will expect price to fall to the daily OB below.
Relevant POIs annotated on chart.
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Missed trade opportunity, BMS following capture of Friday lunch liquidity. price gives BMS and melts, hard one to catch, hindsight 2020, was looking for trade into OB above.
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in a buy. Lunch session buy after BMS inside daily FVG.
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initial reactions are favorable, moving well.
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added to position
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taken out, price did not get through the 1H FVG.
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long again on NAS, entry during NYSE open, price took out london sellside and BMS up.
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we are also still within daily bullish FVG
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considering adding here on the 1min if price returns.
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tapped into 2nd position. done executing
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take profit levels
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There is a 4H FVG that we need to see price trade completely through
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99% of trading is doing nothing.
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looks like price wont make it through 4HR FVG on this attempt. got stopped out at SL of 2nd position.
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giving it one more shot.
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so long as the hourly does not close below the OB. but annoyed it chose to wick below it and stop out original positions.
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lol cant you just be normal NAS
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price action is all over the place. coin toss on whether this holds.
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going break even.
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NAS is an emotional one but we love her nonetheless.
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a conservative TP would be right here at capture of yesterday lunch liquidity high.
But yea i like my 5+RRs.
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TP1 hit, holding for TP2
80% taken off at TP1 as my normal approach.
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long again on NAS, positions still running from yesterday as well.
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going break even
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TP1 hit
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TP2 hit on both positions, trade collapsed.
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funded challenges are straightforward with the right approach.
Stay tuned for premium content on a strategy for prop firm funding.
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im done trading for the week but will be forward testing this if price trades up there
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Considering a long
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Long on NAS, this assumes the lunch low will hold, which is riskier as ideally it would be taken before the move up.
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got stopped out, trying again after lunch low was taken.
In the future be patient for the liquidity grab.
Trade active
moving nicely, should have been patient on first attempt.
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relatively confident of trade completion on this one.
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TP1 & 2 hit during NY morning news, trade collapsed
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