Long

NAS Outlook 4/24

By akhena10fx

Updated

My view hasn't changed from last week. Looking for those equal lows to be grabbed then for price to chase a new high.

Note

im short NAS

Note

SL at Break Even

Note

added position was for study purposes, not a live position

Note

added a conservative TP.

Note

TP1 hit on NAS. educational second position would have been stopped out.

Note

SL moved to deep profit on NAS, dont want to stick around for much longer if it doesnt complete.

Trade closed: target reached

all TPs hit, trade collapsed.

Note

Long on NAS

Note

price just kicking around on the 1min. the longer it does this the less faith I have in the idea.

Note

SL hit

Note

gave it one more go and currently in a long, idk what is going on with price, this very easily couldve been stopped out too.

Note

thats the reaction ive been looking for all day. interesting how close to end of the day it came, market not giving opportunity for participation. I am pretty confident it puts in a new high from here. However will not be holding this position that long.

Note

still holding, didnt get a big expansion overnight as I was hoping for. Will see what news brings.

Note

Educational position, As I dont wish to expose myself any more. Will manage as if real.

Note

added position would not have held. at break even with yesterdays long.

Note

another educational entry after NYSE open. Not live.

Note

getting healthy.

Note

Glad im not executing on NAS today because its all over the place.

Note

LFG

Note

NAS doing everything to fool me out of this position but I am familiar with its game.

Note

SL moved below the last 15Min OB after NYSE.

Note

closing out of my larger NAS position as it enters into this range.

Note

SL moved to first TP area. 15M OB

Note

I generally don't do this, but here is proof I am actually taking these trades.

Note

to close early or not to close early?

You need to see open profit as risk in an of itself, and weigh whether or not to risk what you have gained in open profit for what you stand to gain to final TP.

Things to consider are:
- confidence in the overall trade setup/completion likelyhood
- prior profitability for the day/week/etc
- "trade fatgue"
- any predetermined rules you have for taking profit

ultimately there is no right answer. it is a function of your own personal penchant for risk, and trading style.

Note

80% of last position closed manually, 20% remaining till final TP level.

Note

full TP hit, trade collapsed. quite pleased with my participation on NAS this week. not every trade will be like this, and not every week will present such opportunity. however it feels to be able to identify and participate when such opportunity does present.

Note

absolutely incredible from NAS today. no stopping that freight train.

Note

sold NAS of 1 min.

Note

full trade.

Trade closed: stop reached

akhena10fx

Let the algo show you its hand.

Also on:

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.