NAS Outlook 3/25

Updated
Bullish on NAS into next week. Looking for POIs at significant retracements to nearest 15min LPOTM

Short positions ONLY valid after invalidation of LPOTM and significant retrace

OR

5min ODF shift after mitigating 4hr POI
Trade active
snapshot
Note
snapshot
Trade active
Price moving as expected. Pips away from 1st TP snapshot
Trade active
snapshot
Trade active
snapshot

Stoploss moved above NYSE mitigation high. Initial 1TP was never hit, a few pips short. Moved lower as I am pretty sure that low will be swept.

In the future partially close TP as price approaches within 80% of TP to avoid having to watch market take back profit.
Note
TP1 Hit

snapshot
Note
snapshot

added to short position
Note
snapshot
Trade active
TP 1.1 HIT

snapshot
Trade active
snapshot

Reduced number of TPs on initial trade
Note
Today has been a good day. Risks taken were justified, profits were taken at the right points, overall emotional state was measured.
Trade active
snapshot

TP 2 and 2.2 hit
Trade closed: target reached
snapshot

All TPs hit. This was an aggressive trade, but emotions were measured and decisions were justified. You can't do this every day, but when the direction is clear and the opportunity presents itself.
Note
I am done trading live for the week but this is the only point I would continue selling NAS from snapshot
Note
snapshot

Long on NAS, managing this trade accordingly
Note
snapshot
Note
snapshot

Stopped out with small profits, but original SL was still valid. A little more patience and this could have been a great one as it is likely to go near the full range expansion from here.
Trend Analysis

Let the algo show you its hand.
Also on:

Disclaimer