Nasdaq100 What Now Episode 118
Updated
Day 91. It's Wednesday and I really don't know what the lady, Nasdaq100 is doing. Well, the bulls walked in and as usual, if the HH breaks further, I'll be taking longs and if the Hl breaks, I start looking for shorts.
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!
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
Trade active
Note
triggered but not a fan of the timing.. taking trades after newyork open isn’t always the best.Trade closed: stop reached
Day 91. Got a trigger after Newyork open, that one, a problem. Moral of the story is: it didn't end well. another candle popped right up and took me out. Now it's looking like a descending triange pullback. are the bulls still in? seems like..
October: 3 trades (1W, 1Be, and 1L)
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