US Tech 100 CFD discussion
NAS100 im sellin again from here with a tight SL to aroun 193ish 🤌
NAS100 back to 19,500?
NAS100 that doesn't look good.
NAS100 You guys are trading futures, but few know how it works. Let me explain. If you were to buy one apple at 1 dollar day by 1st of june 2024. Next year you can sell the same apple 1,10cents by 1st og june 2025. If you bought that apple today, you will earn 10cents per apple. The price is set my the market at 1 dollar by 1.june 2025. If the price drops to 90cents from the date you bought the apple, you will loose 10 cents/apple or in futures <1 USD your money is worthless.That is why futures contract expiration dates are crucial when trading futures.
NAS100 Smart money is at work, taken the liquidity from the equal top setting up traps. It could still go higher to tap in OB
NAS100 Hang tight. Momentum swing may be coming. Last time price action was in this zone, it rejected 20K. Waiting to see if it will, in fact, do so.
NAS100 Short stop is at 19985. Seeing if buyers are going to take profit into this area. Not seeing it but on the other hand thats the trade. Get stopped out and live to trade another day!