Long
US100 - Tradeplan for the week
Action: Long
Entry Price: 11820
Stop Loss: 11732
Take Profit: 12000
Leverage: 10x
Rationale: The Nasdaq has been showing strength in recent weeks, with strong corporate earnings and positive economic data. The market has also been supported by the ongoing fiscal stimulus and low interest rates. We believe that the uptrend will continue in the short term, and are taking a long position with a target price of 12000.
Action: Short
Entry Price: 12000
Stop Loss: 12088
Take Profit: 11788
Leverage: 10x
Rationale: While the Nasdaq has been showing strength, there are some concerns about the potential for higher inflation and rising interest rates. This could lead to a sell-off in the tech-heavy index. We believe that a short position is warranted, and are taking a position with a target price of 11788.
Note: This trade report is for illustrative purposes only and does not constitute investment advice. Trading involves risk and should only be undertaken after careful consideration of one's financial situation and risk tolerance. The levels mentioned for entry, stop loss and take profit are just examples and are not based on any analysis. Traders are advised to conduct their own analysis before taking any trades. We recommend using risk management strategies, such as setting stop losses, to manage potential losses. Happy trading!
Entry Price: 11820
Stop Loss: 11732
Take Profit: 12000
Leverage: 10x
Rationale: The Nasdaq has been showing strength in recent weeks, with strong corporate earnings and positive economic data. The market has also been supported by the ongoing fiscal stimulus and low interest rates. We believe that the uptrend will continue in the short term, and are taking a long position with a target price of 12000.
Action: Short
Entry Price: 12000
Stop Loss: 12088
Take Profit: 11788
Leverage: 10x
Rationale: While the Nasdaq has been showing strength, there are some concerns about the potential for higher inflation and rising interest rates. This could lead to a sell-off in the tech-heavy index. We believe that a short position is warranted, and are taking a position with a target price of 11788.
Note: This trade report is for illustrative purposes only and does not constitute investment advice. Trading involves risk and should only be undertaken after careful consideration of one's financial situation and risk tolerance. The levels mentioned for entry, stop loss and take profit are just examples and are not based on any analysis. Traders are advised to conduct their own analysis before taking any trades. We recommend using risk management strategies, such as setting stop losses, to manage potential losses. Happy trading!
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