NASDAQ 100 CFD
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.
NAS100 AnalysisNAS100 Analysis
The market is still consolidating. We had some very strong moves this morning which is very strange for nas. We still haven't broke out the box so im just milking it inside the box😁. Those who know how to trade inside the box, will see there is many opportunities.
For Bulls target 11929 but need a break of the channel otherwise it can come back down
For Bears target 11467
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 Nasdaq | SWING - 20 Oct. 2020Hello my friend | Welcome Back.
Please support this idea with LIKE if you find it useful.
***
It swings to the downside when it reaches the support and does not break it, it will shoot to the upside according to the scenario you set.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
NASDAQ ALL TIME HIGH16 days until the elections and the bullish momentum on NASDAQ keeps on climbing. 15 more Daily candles is more than enough to reach and break NASDAQ's all time high, to cerate a new all time high.
FIB level shows retracement at 0.5 which sets my target to 0.618.
RED retrace = RED target
I'll be looking for buy opportunities on the H1 timeframe towards the all time high (12466.6) as my TP.
I will only be looking to buy towards the 0.618 target after a clear break and retest of the all time high (12466.6).
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.
Nasdaq 100 Sunday Technical 18 10 2020Hey Traders,
This is going to be a wonderful Trading Week. We closed the week with Nasdaq being very bearish. So on opening the week, my take is that its going to be a good bull pump. Guys any comments are welcome.
So lets focus on the buy entries and reaching our TP.
Also Traders pay attention to the major fundamentals this week. Have a profitable week.
Cheers to Your Profits !!
NASDAQ100 long to downtrend resistanceGood evening, I think that nasdaq is ready to pullback from friday's selloff. In fact, it is near a strong support zone with the horizontal line and the trendline below. Price has also closed an inverted hammer on the daily chart. Target is the downtrend resistance, then I think that two scenarios can occur. Or the stimulus bill is approved before the elections, and this will mean a W formation leading to new ath, or price will follow the downtrend below the resistance line.
I am new here, feedbacks and comments are appreciated!
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- Analysis NAS100 Analysis
I would say its still consolidating between 11787 -11929. We can also see it struggling to break our strong middle trend line. So to go further up we need a break of the middle trend line and 11929 resistance. As for the bears a break at 11787 would take us back down to 11619 hitting our lower channel trend line.
There is also something very interesting happening in the lower TF- See the next post