Interesting outlook this week. NFP is on friday, but we are expecting little to no movement on monday and tuesday the 4th. Won't be trading till Wednesday at the earliest.
I am still bullish on NAS till we reach the consequent encroachment of the monthly FVG above. NFP could be the driver that pushes price that high.
Other POIs I am watching are annotated on the chart.
Let's get it.
I am still bullish on NAS till we reach the consequent encroachment of the monthly FVG above. NFP could be the driver that pushes price that high.
Other POIs I am watching are annotated on the chart.
Let's get it.
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considering this short
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tapped in, lets see how she fares.
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taken out
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Considering another short attempt. I am bullish but I think it wants lower prices before pushing.
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if the lunch session high is taken first, I will look to enter short, if price takes out the low first, I will delete order and call it for the day
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high was taken first, I entered a short before the lunch low was taken,.
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damn taken out again, done till another day!
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ended up taking another short just as the day was closing off after price took out the high and shifted on 1min. was taken afk on my phone then i was at the gym and could not post update at entry
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going to go break even, even though london may want to take asia session high, I am not willing to see any more red on this trade idea
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Obviously feels good to TP, but the entry was based more off intuition than a clear schematic, might need to dig deeper into the entry to see what your mind was thinking.
TP1 hit, this TP was a 1:1 extension of all the trading above the weekly open, reflected below it. or 1 standard deviation.
Obviously feels good to TP, but the entry was based more off intuition than a clear schematic, might need to dig deeper into the entry to see what your mind was thinking.
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TP 2 hit, trade collapsed
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I will be DEMO trading the rest of the week. but I like afternoon session for a potential long, with further expansion upwards during NFP tomorrow.
But I will trade off what is offered.
But I will trade off what is offered.
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something like this
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price never returned. did not participate. i will be demo trading NFP tomorrow if i see something i like.
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im long on NAS (DEMO)
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TP levels
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a bit lackluster
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taken out (DEMO). haven't seem such a weak market reaction to NFP in a while if ever
Let the algo show you its hand.