Nasdaq Futures in a falling channel
Here we begin the week at the top of a channel, which means it is the best place to go short. Having the channel there tells us quickly the short is incorrect should king price breaks higher - shorts fold. I like trades that are either correct or get right out, but I never like to feel jumpy leaving a trade early (the questioning the exit is the worst part). A channel makes this easier, it either stays in the channel or it doesn't.
Featured are the upcoming releases Measured Move and AutoDraw Trendlines. - Several new features!!
Featured are the upcoming releases Measured Move and AutoDraw Trendlines. - Several new features!!
Trade active
Take a bit off! Leave a bit on! This is going well.Trade active
s3.tradingview.com/snapshots/i/i7jPdd2j.png ... now trailing tight after target hits.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.