It is extremely important to get your support and resistance correct with nasdaq because they will guide you. Nasdaq heavily relies on S/R. Look at this example from yesterday how amazing this respected the S/R line. I have seen many of your charts and some for people have 100s of lines which has made trading extremely hard for yourself. How to draw support and...
Everyone that saw my previous post regarding false breakout must have witnessed it today live at New York market time how it broke out and then closed back in. Entry just after the false breakout- Easy over 200 pips there. Thats all you need. one good trade and you are sorted for the day
Fake Breakouts The market is still consolidating, it will hopefully break out soon but be careful of fake breakouts. They are called stop hunters, looking for obvious places where people have put their stops. When do you get stop hunters in NASDAQ- Alot the time they happen during the New york market opening hours. Catches people out all the time. Be a different...
Currently the market is consolidating, it's been a great battle between the bulls and the bears, they have been playing around that zone for a while now, either side don't want to give up. It has come hit a key support line 10743. We can see the market carry on coming down to 10510 or see the bulls come back pushing the market up. For the Bulls we will need a...
What a day today- Over 300 pips. I hope you all gained from the analysis I put up today.
On the 4hour chart we can see the lower highs and lower lows.
So we had a break at 11172 which was a strong resistance area. Now what, We may see further Bulls continuing the trend to reach 11346, if we get a break there we can see 11478. As for the bears if we break 11908 then we can expect our target 10942 . Follow proper risk management and Learn NASDAQ so you can grow. Nasdaq is a very easy to trade if you know all the tricks
Many people messaged me they got caught out on buy trades last week because they completely missed this area of resistance. This is a very key resistance area we need to watch out for. We need a break from this area for the continuation of the bulls
NAS100 is back in the box on the daily T/f where it couldn't close below. We can expect some bullish momentum
Eventually has broke out of consolidation and went up. Lets see what today holds
An excellent entry from Friday, it came down to exactly where I analysed it will come down to. After it hit my TP I was able to make some money on a quick buy as-well. It is so important to learn NASDAQ very well before you trade it. Once you have learnt the secrets of nasdaq it is unbelieveablly easy. NASDAQ becomes so predictable
Currently NAS100 is consolidating and I'm hoping for a break very soon. If we get a bearish break we can see it come down between 10584- 10373 and as for the bulls a break up would take us to 11056 and if we break that then we can see some bullish momentum
Nas has been consolidating since yesterday. We need a break to see which way this is going. Bulls target - 11300- 11568 Bears Target - 10939- 10544
Excellent day- Got in both ways. want to know how to trade NAS100 ???
For the Bulls, it may come down 11427 before going back up to 11568, if it breaks then we can expect 11848 For the bears if it breaks out 11403 then we can see the bears coming down however be careful of 11403- 11299 area as it can easily hit and go up again. Better confirmation would be the break of 11299
NASDAQ back here again. We will need a break of 11564 for the bulls to continue