Nasdaq100 What Now Episode 130
Updated
Day 107. A down-trend in the Nasdaq100 after the range break. Lhs and Lls everywhere in the Nasdaq. My bias has changed from long to short because of this very structure. However, a break past the Lh at 11160 might be the judge of that..
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!
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!
Note
Note
Day 107. A late update. I know, i'm getting busier by the day. lol! anyway, the Nasdaq100 bulls took me unawares with that reverse. Anyway, I didn't get a trigger. So I guess I ended October with 12 trades. How was your month?..
October: 12 trades (9Ws, 2Bes, and 1L)
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