May 12, 2023 NQ Long

12 mai 2023

Equity Indexes has returned to being bullish. This sentiment is likely to continue given that the markets have already digested the most potent economic data for the week (CPI).

Watch for 10:00am Consumer Sentiment. If the report produces a surprisingly lower than expected number, sentiment may shift in the short term.

- Trades taken using confirmation entires have a higher probability for sucess.
- Using an initial 1:1 target is recommended for reducing risk.
- Short-term income trade ideas are good for the day unless otherwise stated.

*** For educational purposes only ***

12 mai 2023

Transaction en cours

Price has now entered our zone. Since the report was a bit worse than expected, trade will be taken only using lower TF confirmation. Will not execute entry without confirmation

12 mai 2023

Note

We are still waiting for confirmation. Price needs to cross above 13440.00. Unless it does that and if it drops below its current low (13383), trade will be abandoned.

12 mai 2023

Ordre annulé

Trade will be abandoned as there was no confirmation.
There was no execution, no loss.