US Nas 100Updated NAS100 Selling Pressure
There is no question that the bears are still in control as the retracement I was expecting did not materialize, however I am safe as my conditions for taking a new trade did not materialize and so I had no reason to take the buy that will come at some point and so I continue with my neutral position.
It's just a matter of waiting for the correct setup and not to go ahead of what the market gives you.
If I had kept my sell from my last HH from Friday Sep 1, at 9:00am, I could still be riding this out, however after exiting on the LL, my next key for entry is another HH or LL, until then, my bias remains neutral as I wait.
It's just a matter of waiting for the correct setup and not to go ahead of what the market gives you.
If I had kept my sell from my last HH from Friday Sep 1, at 9:00am, I could still be riding this out, however after exiting on the LL, my next key for entry is another HH or LL, until then, my bias remains neutral as I wait.
Trade active
The H1 FIBS has been modified by the continued selling pressure overnight and so I am monitoring those levels as of right now.
Like I say; "no setup...no trade"
Always trade what you see.
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
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