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US Tech 100 Index
Long
Updated

NASDAQ Technical Analysis

231
Trade Setup Overview

  • Entry Price: 21,530.33
  • Target Price: 22,232.41
  • Stop Loss: 21,297.97
  • Risk-Reward Ratio: 1:3
  • Trade Type: Long Position
  • Suggested Position Size: 0.25-0.5% of capital
  • Timeframe: 1-Hour Chart


Position Sizing and Risk Analysis

  • Conservative position sizing (0.25-0.5%) indicates proper risk management
  • Total Risk per Position: 232.36 points (Entry - Stop Loss)
  • Potential Reward: 702.08 points (Target - Entry)
  • Maximum capital risk at 0.5% position size provides buffer for market volatility


Technical Timeframe Considerations

  • 4-Hour chart setup suggests a swing trading approach
  • Longer timeframe reduces noise and false signals
  • Allows for proper development of price action and trend confirmation
  • Consider holding position through multiple sessions if needed


Catalyst Analysis
Non-Farm Payroll (NFP) Impact Scenarios

Positive NFP Scenario:

  • Strong jobs data could accelerate upward momentum
  • Consider trailing stop adjustment on strong move
  • Watch for potential extension beyond initial target



Negative NFP Scenario:

  • Have preset stop loss in place
  • No emotional attachment to position
  • Accept defined risk and move on to next opportunity




Trade Management Strategy

Entry Execution

  • Enter at specified price of 21,530.33
  • Consider scaling in if market provides opportunity
  • Maintain discipline on entry price



Position Management

  • Initial stop loss at 21,297.97 (non-negotiable)
  • Consider partial profit taking at 1:1 risk-reward
  • Trail stop loss after significant movement in favor
  • Maximum hold time based on 4H chart context: 5-7 trading days



Exit Strategy

  • Primary target: 22,232.41
  • Consider market context at target approach
  • Use price action at target level for exit timing
  • Don't force trades beyond technical invalidation




Risk Management Rules

  • Strict adherence to position sizing (0.25-0.5%)
  • No averaging down on losing positions
  • Respect stop loss level - no exceptions
  • Consider market hours volatility
  • Account for pre/post market gaps


Technical Price Levels

  • Entry Zone: 21,530.33
  • Critical Support: 21,297.97


Psychological Levels:

  • 21,500
  • 22,000
  • 22,200



Target Zone: 22,232.41

Session Considerations

  • Monitor pre-market sentiment
  • Watch correlated markets (S&P 500, DOW)
  • Consider reduced position size during high-impact news
  • Be aware of market hours volatility spikes


Trade Invalidation

  • Clear invalidation below 21,297.97
  • Technical structure breaks
  • Significant shift in market sentiment
  • Unexpected negative catalyst impac
t

Key Reminders

  • "Live to trade another day" - maintain emotional discipline
  • NFP is a known catalyst - plan accordingly
  • 4H timeframe requires patience
  • Stick to planned position size
  • Monitor correlated tech sectors for confirmation


Remember: Trading success comes from consistent execution of a well-defined plan, not from any single trade outcome.
Trade closed: target reached
Target reached.

Textbook performance.
FXCapitalClub
I hope you’ve had a great day and that your screens were green. 🌟

Happy Trading, and see you next time! 💹✨
Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

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.
Chart PatternsTechnical IndicatorsTrend Analysis
FXCapitalClub
I hope you’ve had a great day and that your screens were green. 🌟

Happy Trading, and see you next time! 💹✨
Also on:

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.