Day 97. Hey, goodday.. so Nasdaq100 is still in a side-ways downtrend (range) where at this point I call it, "the equilibrium point" a point where the demand and supply are at equals. There's really nothing to do unless there's a break out somewhere which usually is a "fake-out" my honest opinion is to stay neutral till then..
October: 7 trades (5W, 1Be, and 1L)
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
3 Rules:
a. one trade a day (always)
b. always know the current trend
c. only buy after HH breaks and sell after LL breaks
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!