Waiting For Another Sell Entry NAS100
Today was the best day since the start of the week in terms of PIP haul.
A total of 1200 pips went to my profit on the conservative side and the move continued in the sell for another 1800...
Despite coming out early, I am more confident that the market will continue to trend down until the HL is made on the daily timeframe.
As of now, I am just awaiting the retracement towards the upside to provide me with another entry for the sell, however instead of waiting for a M15 high, I am leaning towards the M15 LH only because the H3 to H4 are still sitting at HL's and have yet to put on their respective LOW's
The H2, H1 and all other smaller timeframes all broke their respective structures to put on their respective lows.
This now means that every timeframe smaller than the H1 will need at a LL for the move to be complete and beginning with the smallest timeframe yet to make a LL the M15 will need to retrace to a LH before completing it's LL.
The overall move is still bearish and today's total 3000 PIP haul is only the beginning of what is shaping up to be an epic week.
Happy Trading....
God Bless.
A total of 1200 pips went to my profit on the conservative side and the move continued in the sell for another 1800...
Despite coming out early, I am more confident that the market will continue to trend down until the HL is made on the daily timeframe.
As of now, I am just awaiting the retracement towards the upside to provide me with another entry for the sell, however instead of waiting for a M15 high, I am leaning towards the M15 LH only because the H3 to H4 are still sitting at HL's and have yet to put on their respective LOW's
The H2, H1 and all other smaller timeframes all broke their respective structures to put on their respective lows.
This now means that every timeframe smaller than the H1 will need at a LL for the move to be complete and beginning with the smallest timeframe yet to make a LL the M15 will need to retrace to a LH before completing it's LL.
The overall move is still bearish and today's total 3000 PIP haul is only the beginning of what is shaping up to be an epic week.
Happy Trading....
God Bless.
Trade active
Got my entry for the night...M15 LH... this is the current trend move...
will ride this down to the LL...
Still expecting that Daily LH for the exit.
Trade active
Update with my entry and possible TP for tomorrow...Goodnight...
God Bless
Trade active
The drive to the Daily HL continues...Trade closed manually
Took profit on this move as the M15 has started to retrace to setup the HIGH (which will be the LH on the H1) which will provide the next sell entry towards the daily HL.This setup should provide the next needed move which will be LH to LL on the H1...
I am also aware that the H2 also needs such a move and so I am keenly watching to see if that will be provided in one shot.
If that does not happen, then I will just have to trade the cycle and wait for the H1 to finish it's LH/LL cycle and then wait for the next entry to complete the H2 LH/LL cycle.
So far it has been a good week in terms of the clues the market has been given and my confidence and consistency are improving.
Happy trading...
God Bless
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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