NAS Outlook 6/26

Updated
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.
Note
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. snapshot
Note
snapshot in a buy. Lunch session buy after BMS inside daily FVG.
Note
snapshot initial reactions are favorable, moving well.
Note
snapshot added to position
Note
snapshot taken out, price did not get through the 1H FVG.
Note
snapshot long again on NAS, entry during NYSE open, price took out london sellside and BMS up.
Note
we are also still within daily bullish FVG
Note
snapshot considering adding here on the 1min if price returns.
Note
snapshot tapped into 2nd position. done executing
Note
snapshot take profit levels
Note
There is a 4H FVG that we need to see price trade completely through
Note
99% of trading is doing nothing.
Note
looks like price wont make it through 4HR FVG on this attempt. got stopped out at SL of 2nd position. snapshot
Note
snapshot giving it one more shot.
Note
snapshot so long as the hourly does not close below the OB. but annoyed it chose to wick below it and stop out original positions.
Note
lol cant you just be normal NAS snapshot
Note
snapshot price action is all over the place. coin toss on whether this holds.
Note
snapshot going break even.
Note
NAS is an emotional one but we love her nonetheless.
Note
snapshot a conservative TP would be right here at capture of yesterday lunch liquidity high.

But yea i like my 5+RRs.
Note
snapshot TP1 hit, holding for TP2

80% taken off at TP1 as my normal approach.
Note
snapshot long again on NAS, positions still running from yesterday as well.
Note
snapshot going break even
Note
snapshot TP1 hit
Note
snapshot TP2 hit on both positions, trade collapsed.
Note
snapshot funded challenges are straightforward with the right approach.

Stay tuned for premium content on a strategy for prop firm funding.
Note
im done trading for the week but will be forward testing this if price trades up there snapshot
Note
Considering a long snapshot
Note
snapshot Long on NAS, this assumes the lunch low will hold, which is riskier as ideally it would be taken before the move up.
Note
snapshot got stopped out, trying again after lunch low was taken.

In the future be patient for the liquidity grab.
Trade active
snapshot moving nicely, should have been patient on first attempt.
Note
relatively confident of trade completion on this one.
Note
TP1 & 2 hit during NY morning news, trade collapsed snapshot
Note
NAS is absolutely turbocharged today snapshot
Harmonic PatternsTrend Analysis

Let the algo show you its hand.
Also on:

Disclaimer