lazyluchi

Lazyluchi Trades Nasdaq And Gold EP 3

lazyluchi Updated   
PEPPERSTONE:NAS100   US 100 Cash CFD
5 days and 600 points later, nasdaq100 buys went well. a break past 15688-15919 and i’m adding more buys to ath @ 16524-16790. as for gold, that 1948 support break gives me more selling opportunities to 1904 however if rejected then buyers will have to break past 2008 for me to consider buys. still holding my swing. bored but i’m happy i now have the patience to actually hold swings..

(xau)
(nas100)
Comment:
i've mastered the art of hodling swings, embracing "extreme" patience. now, i just sit back, relax, and let the magic happen. i often hold onto gains of 600-1000 points and more, especially when it's a fresh trend. it's mind-blowing! and now, i'm leveling up my risk appetite..
Comment:
final day of the week and still "hodling" my longest holds (2+ weeks). nasdaq hit a wall @ 15374, pulled back a bit. if it can't break past and i see rejection candles, might close all buys. target was 'pose to be 15254, left some positions open. gold, still holding sell, broke support but struggling. like bulls trying to come back. i'll close one, leave one open. have a great weekend..

Comment:
off to dreamland! gold and nasdaq100 swings playing out perfectly. love the thrill of successful swings – it's like a trading adventure! lol..
Comment:
new week, fresh strategies. not entirely novel as i'm still in the hold-and-add-if-needed mode. nasdaq breached all resistances except one (15919), a crucial juncture determining the path to the ATH resistance zone (16524-16790). nasdaq maintains its bullish stance, but this week demands a breakthrough of that resistance for further positions. on the gold front, the game plan persists, yet sellers made a statement post-1948 break. now targeting another support at 1904; a breach would prompt additional sells down to 1886. given gold's prolonged range over the past year, confidence in buys is restrained (not a long-term play if you're considering buying). opting for sells until a support rejection occurs.

(nasdaq)

(gild)
Comment:
nasdaq is on a winning streak for me this week. i'm long on my positions and adding to my bullish positions. as for gold, i decided to liquidate my remaining short positions due to an unexpected reversal post-yesterday's news release. it seems like a nasdaq-dominated week for now. currently, closely monitoring the price action around 15961 (mt4 digits), a critical resistance level in the vicinity.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.