NAS100- UpdateWho liked the retest of the middle line like i said. It was bang on the line. See previous post
NAS
NAS100 Short term Analysis 27-10-2020This is my short term outlook on NAS100.
It respect the levels pointed on the chart on 1H timeframe .. so play it safe and buy above to next level and short below for next level.
Good Luck all
OANDA:NAS100USD
NAS100 AnalysisNAS100 Analysis
Hi Guys, So earlier today it broken through the middle of the channel, didn't bounce and come back down. So it went to my first target 11589. If we get a break here im hoping for 11741 which is a strong resistance even on the daily. we may even get a retest of the middle channel line before going to 11741
NAS100 Analysis NASDAQ Daily Analysis
Hi Guys, This week im going to start with a quick daily analysis as it is important to know what is happening to the market in the higher timeframes so we can understand how to take trades on the lower timeframes.
According to Daily we are still in the box and we are still waiting for a break. I wouldn't consider this as a break out the channel just yet because we need a break of the support 11550.
NAS100- Weekly review and a quick overview- MUST READWeekly Pip Review
Monday: +89, +114. -40
Tuesday: +136, +101
Wednesday: +161, +136
Thursday: +90, -40
Friday: +82, -40
Blues: +909
Reds: -120
Total: +789 Profit
Total NAS Trades: 11 Trades
Hi guys Hope you all had a good trading week. Trading is all about having a plan and trying to execute it. A beautiful quote comes into my mind "A fool with a plan can beat a genius with no plan". If you learn to plan your days and follow good risk mangement strategy then you will only trades opportunities and not get into revenge trading, rush trading, blind trading etc. All my trades are well planned. I dont get 100% win ever but my losses are all controlled max 40 pips. Those who learn from me know i always recommend max 40-50pip stop. And thats how you become a winner, by protecting your capital. If you take 10 trades then you should aim to win 7 of them. you should not lose 9 trades out of 10.
NASDAQ'S BREAK BULLISH NOW, OR NEVER!As long as the price remains above the yellow trendline I will be happy to buy the NASDAQ.
This week has literally shown how uncertain the collective is around the current affairs.
I am awaiting a break and retest of the counter trendline, to ride it all up until the this years highest high. The D1 FIB target still remains the same as the price has continued to respect the 0.618 retracement despite the multiple bearish rallies throughout this week.
Elections are coming up. Exciting times.
Good luck and profitable upcoming week to all!
THIS COULD BE THE INDICIE BULL RUN OF THE YEAR (NASDAQ100)We are currently sitting on the 50% fib with continuous market price reaction.
What does this mean?
The fifty percent principle is a technical correction that gives back 50 to 67 percent of the most recent stock price gains before the price begins advancing again. If a stock recently gained 30 percent, the fifty percent principle holds that it will give back at least half of that gain before testing new highs.
www.millennialtrades.co.za
NAS100 AnalysisNAS100 Analysis
Hi Everyone. Nas is still consolidating, It had an attempt to break out the box yesterday but it failed to stay out, found support at 11527 and came back up. I feel like we will break today. There has been a triangle that has formed as-well.
Bulls Target: 11789, Break here will take us to 11929
Bear Target: 11525-11467
NAS100 Analysis NAS100 Analysis
NAS100 is still consolidating. But if you look at the chart its coming up to the top of the channel now. We will either get a break up or it will come crushing down. Couldnt have made the chart more clear to understand what is happening. Hope you all have a good Trading Day!!
NASDAQ TP HitYesterday Entries/TP
What a great day. It was too easy. the market respected the box so well that you just have to put a entry at the top and at the bottom. and know it will hit your exit. Only those who lack knowledge in trading would hesitate or open and then quickly close. Trading you need confidence and confidence comes when you have a plan and your plan goes right most of the time.
BULLS ON NASDAQ CONTINUEThe NASDAQ has created a cone-like bullish channel.
The price has retraced at 0.618, making the target set at 0.618.
RED retrace = RED target
I foresee an inverse H&S pattern. My strategy is buy the NASDAQ once it breaks and retests the counter trendline.
My first TP point will be at the all time high of 12466.6. I will wait for a further break of this price before I buy to wards the FIB target of 0.618 (12911.9)
NAS100 AnalysisNAS100 Analysis
We may see some more bears today- trying to come down far as 11468 before going back up. If you look at the daily thats where the lower channel is. As for the bulls if it breaks 11787, we will be entering the channel again expecting more bulls.
NAS100- TP HITHope you all had a great day yesterday. it was just too easy. If you followed my analysis it when right up to 11618.
Long Price is at a trend line, there's already been 2 touches, looking to ride this one higher, also regular bullish divergence on the 4hr & 3hr. Wait for price action to confirm the 3rd confluence
NAS BUY OPPORTUNITYHere it. The touch of the highest price ever recorded.
I'm awaiting a break and retest of the counter trendline, and a ride up all the way to 12466.6.
Check previous idea for the next possible high price.
NAS100 AnalysisNAS100 Analysis
On the 4hr Timeframe we are still consolidating. On friday we saw a break however the it did not sustain, Hit 12039 and came back into the box again. Im expecting a break very soon.
For the bulls target: 12071- 12400
For the bears target: 11618- 11217
Stop Gambling and learn to trade- You can make good money if only if you change yourself and turning trading into a skill rather than being an addicted gambler. One of my student last week after his first week of trading alone made 600pip profit- How amazing is that, all my himself and if he carries on and he is consistant every month he will have 2400 pips. And all he needed was guidance to help him get out of this gambling mentality and show him the correct way of trading.
marked trade idea on the graph. good morning traders i have marked out the trade i am looking to take and an explanation of why i am thinking it.
NAS100- Weekly review Weekly Pip Review
Monday: +134, +182
Tuesday: +133, -42
Wednesday: +97
Thursday: +125
Friday: -41, +78, +70
Blues: +819........Reds: -83
Total: +736 Profit
Another Brilliant week. Every trade that was taken Analysis was given on this group. Only difference is, some have good entry/exit strategy and others just gamble. If you see the trades they weren't hard, every day 1 or 2 trades Max. Couple of losing trades because my stop loss is so small it makes no difference in comparison to my wins.
Even if you took 2 trades a week- if 1 was win of 150 pip and the other was loss of 40 pip, You total win is 110 pip. Thats how simple it should be.
Learn to trade and not gamble your money away. Your capital is your money so protect it with you life
NAS100- Triangle formed- Ready to break out Lower TF Analysis
Triangle has been formed and it looks like it will shoot out very soon. Triangles are like spring, as they get narrower and narrower they will spring out.
Did you guys notice the triangle and do you know what type of triangle this is and which way it will go ???
NAS100 AnalysisNAS100 Analysis
Aim for Bear is 11619 - 11482 (see the daily to understand why this area)
Bulls -Current market may just be a pullback and a break of 11870 will bring the bulls back in to continue.
