Do not miss this sell opportunity on Nas100As I mentioned in my previous idea that we could expect a breakout to the upside of the resistance of the rising channel and it did. For me this can be a fake breakout and I expect price to drop for a healthy correction down to at least 15700.00 to test the September 2021 high.
❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this.
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Many wishes and trade smart!
Nas100short
Nas100 Market Open ShortTransparency to show that I do lose trades when trading the open, but my risk management and small losses is what makes this trading style possible for me. It is very volatile and usually a scalping strategy when trading the open. Price did move over 200 pips into profit on my initial entry, but my first target point was about 500 pips so unfortunately I got stopped in a loss. Every trader will take losses, but it's how you handle these losses that will prove the consistent trader.
Nas100 Market open shortI took my short entry based on what I've been seeing every day during market open. I took the entry as the market opened and had my Stop Loss set for 400 pips, and my Take Profits set at 400 and 800 pips, or 1R and 2R. I closed half my position at each R multiples and managed to secure 4.5% profits on today's trade
Nas100 Market Open ShortTook a short on Nas100 at market open yesterday. Price was above the pre market low, as well as coming off the top of a strong Daily pennant formation, but unfortunately this one went against me. I got stopped out at 400 pips in a loss but followed my risk management properly. I've seen from backtesting that some draw down is expected, and I'm not trying to hide my losses because they happen to. Let's see what today has in store, I'm still sticking with my short bias
Nas100 Markert Open ShortRecently I started publishing my nasdaq open trades, but I haven't been as consistent with posting them as I'd like to. So here's another one. Price was very volatile as it always is, but it was a lot more choppy before finally finding direction. Price was sitting above the pre market low, and even though it was in a strong uptrend for a few days, the short bias stuck and we reached TP of 1000 pips
Nas100 market openThis is my short trade today on the nasdaq open. Originally went short at the open, and took a loss of 400 pips. I re-entered the trade as it came back up off the 61.8 fibonacci level, and took another small loss of about 230 pips. Overall down -7.5% on the day as I went high risk, but it's only the start of the week, and there's still plenty more to come. Notice where price is in relation to the pre market low, indicated bu the purple horizontal ray.
Potential Short!NAS100, price action is looking good for a short, we have a nice channel here on the 15m, price has rejected nicely from the .886 with the FU candle, I'm just waiting on the LTF to break structure before potentially getting into this trade.
Whats your thoughts?
NQ Shortprice made lower lows and we might see a continuation downwards in order to bring balance into the market as there is imbalance present between the prices 14584 and 14541. I'm looking to go short on Nasdaq at a higher price where we might resolve the previous imbalance before continuing downwards and capturing liquidity along the way.
NASDAQ100 SELL IDEAHey tradomaniacs,
NASDAQ100: Daytrade-Preparation
Market-Sell: 14676
Stop-Loss: 14752
Point of Risk-Reduction: 14608
Take-Profit: 4233.00
Stop-Loss: 760 pips (76 points)
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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Nasdaq- 14k in sightAs I expected and said in my last 2 Nas100 analyzes, the index has started its correction.
At this moment the price is under both neckline support of the H&S and horizontal support, and I expect continuation to the downside
My target is 14k and rallies towards 15k at this point should be considered good opportunities for bears for their entries
Will Nasdaq break support?In my last Nas100 analysis, I said that "rallies in 15300 zone should be sold and only a new ATH would negate the bearish outlook".
The technology index reversed from that zone with a strong bearish engulfing and now is trading again in 14800 support
I maintain the idea that Nas100 can drop to 14k and IMO rallies should be sold
Above 15k can be a good point for bears to open their trades
Nasdaq- Where to sell?Since May Nasdaq has traded in a rising wedge formation.
Now the pattern is finally broken to the downside and the price should fall from now on.
A correction of the last 2 trading days drop is not out of the question and this can give sellers a good opportunity for short trades.
I m looking at around 15300 for my sell trades and as a target 14k support for an 1:3 R:R
NAS100 tested highs again...NAS100 started the day with downward pressure but hit a nice pocket of liquidity and had a nice late in the day rally. once again NAS pierced previous day high but failed to close above. This leads me to believe this will remain rangebound so for now Im interested in shorting the highs and buying the dips until further notice.
NAS100 rebound as SPX found support On wednesday NAS100 was applying pressure to the downside and looked like a break down was on the way but good fundamental news and SPX finding support @61.8 level gave it the boost it needed. Closing near previous 2 day high but not closing above leads me to believe there's some more possible downside. with retail sales data and the michigan report on friday only time will tell. will positive data continue to push this up or is this a rally that will stall.