Nasdaq Buy Setup

By LuxForex
Hello Traders,

Nas has swept Asia highs and I am expecting to see price drop and sweep Asia lows before it continues the move upwards.

I also like to use DXY as my confluence before I made a decision to enter a trade.

My target is 11800

BEFORE OPENING YOUR TRADE:
- Remember risk management is 1-2% of your capital
- Take profit of your position partially. Don’t leave money on the table.
- Don't open too many orders at the same time
- Be patient
- Don't be so greedy
- Go to a lower timeframe to find break of structure and change of character (Choch). Remember No Choch – No Entry!
- DON’T FOLLOW IDEAS BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE!
YOUR TRADE IS YOUR DECISION!

If you have your own view about it, please share your thoughts in the comments.

Happy trading!

NNASDAQ
Chart PatternsHarmonic PatternsTrend Analysis

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