Bullish on indices in general, as long as price is trading above the daily bullish OB. On NAS there is a potential for it to reverse off the monthly OB, or to keep pushing into the monthly FVG.
Will be looking for short term discount pricing long trades till a new high, after which I have less clarity on the potential direction at time of analysis.
Happy Trading!
Will be looking for short term discount pricing long trades till a new high, after which I have less clarity on the potential direction at time of analysis.
Happy Trading!
코멘트:
Weekly open price was not annotated in the published idea, by now you should already have that drawn on your chart.
코멘트:
opted to trade SPX, but forward testing this on NAS.
코멘트:
looking to buy NAS
코멘트:
long on NAS
코멘트:
TPs updated. might be early will attempt one more time if taken out.
코멘트:
코멘트:
considering going break even. IF the idea is right there's no reason for price to want to return to entry levels. Will hold out a little longer.
코멘트:
that sucks
코멘트:
lol still in this, insane price action. trade is in the market's hands to do what it will.
코멘트:
taken out. Not loving the price action this week.
코멘트:
My bias is changing on NAS, should have been a better bulllish reaction today. I think we are reacting off the Monthly bearish OB and I am not expecting the daily OB to hold.
Will either abstain or look for shorts to close out the week.
Will either abstain or look for shorts to close out the week.
코멘트:
We are in a monthly OB that I had thought June would want to wick through before reversing but it does not look like that is what is playing out. If price is reversing I am watching the failed daily FVG for potential shorts on the lower timeframes.
코멘트:
im in a short anticipating price will not trade through the daily FVG that failed to hold bullish yesterday. May fall as far as the daily FVG below. will decide if I wish to exit more conservatively if it plays.
코멘트:
was stopped out. giving it another shot as I think we close the week bearish. likely last execution of the week either way
코멘트:
코멘트:
Was definitely not in sync w the market this week, but thats bound to happen every now and again. weekends are to regroup, re-evaluate market conditions and come back stronger!
코멘트:
moving well. need the day to close below the failed bullish FVG for confidence in expectation of further bearish expansion.
Let the algo show you its hand.