Even market is breaking our weekly zone to the downside, I wouldn't place any short trades because of its bullish behaviour the last few weeks. There is absolutely no reason to take this risk and going short against the trend. If market is building bearish structure, we can look for some short set ups. Keep in mind: less is more - protect your money...
Pair: S&P500 Direction: Long Price: around 4655 SL: around 380 points RR: minimun 1:2 Risk/Trade: max. 3%
Clean and nice short term buy on NAS100 Price broke our last previous low to get some air - came back bullish and got a clean breakout on M15 + a perfect retest on M5 RR: 1:2 risk/trade: max. 2% ps: sorry for the delay - normally posting my entries on realtime
short term long on nas100 price: 15910 sl: 220 points RR: 1:2 risk/trade: max. 3%
Looking forward for some long positions. Price action is quite bullish. Always check lower timeframe for market behavior and possible entries. If market collapse to the downside, I still won't place any short trades before we haven't created bearish structure. Have a nice weekend and a good start to December. Cheers, Manuel
After we got stopped out of the breakout we get in 2nd time for a short term sell Pair: S&P500 Direction: short Price: 4552 RR: 1:2 Risk/Trade: max. 3%