NAS100 TECNICAL ANALYSIS WITH UNCLNRBZ - PART 4This is a knowledge oriented video and I hope someone gains a bit of something from it.
Ustech
NAS100 TECNICAL ANALYSIS WITH UNCLNRBZ - PART 1This is a knowledge oriented video and I hope someone gains a bit of something from it.
Your only as good as the assets you tradeThis is just a short blog post of a much longer idea!
In a recent post we spoke about focusing only on assets that are in play for the day, even tough with day trading you can still make solid profits, especially on the tick charts, trading ranges, a trend will generate you much bigger and more importantly, easier profits.
This is why it is vital to focus on assets which could generate momentum, because at the end of the day in day trading you are only as good as the assets you trade.
Below you will find a chart of NASDAQ (left) and a chart of XAUUSD (right), one has moved significantly upwards while one was stuck in a whipsaw range which ended up breaking to the down side towards the end of the day on December 31st.
Choosing to trade XAUUSD would be much easier to make a profit.
NASDAQ - Week of expectationsNasdaq is still struggling to find balance above 10000. There'a been several pull backs in the past week but it is still in a clear uptrend
NASDAQ - NEW ALL TIME HIGHS ( NOW WHAT ) This is a simple illustration of how I trade and where I think Nasdaq is going and why. Use this to assist your thought process
NASDAQ - ON NFP- THOUGHTSThis view is more of a confirmation of my analysis for the week, I am waiting for the end of day to be able to tell where price will be going next but as a day trader, there often something to trade. Price tested a new high and could be looking at forming a new high low before a higher high.
