We may get a pullback at 11172 if we get a break then chances are bears can carry on. As for the bulls they can still take over if there is a pullback and their target will be 11852
Those who understand rising wedge, all took this trade. I was a very easy clean breakout. Left a sell stop over night to catch this and used my S/R line to exit and you wake up to this. Easy 180 pip while sleeping. And thats how easy trading should be.
Quick 100 pip trade earlier today. Never miss a chance. If you know how to trade you will never miss these trades. Nasdaq is very easy to trade, alot more volatility compared to forex. Nasdaq market moves almost 300 pips everyday. So everyday you have an opportunity to make minimum 100 pips. If you are not making anything and losing money then you have not...
On this analysis i said it will reach 11582. Just look where is has come to this level. We are at a crucial point in NASDAQ, a break here can sure get the bulls to fully take over and take it to new highs
Day closed with over 300 pips. What an amazing day!!! Excellent entry, closed a little early before target. Overall a great day!!! Alot of you have messaged me with your daily results and its amazing to see people growing.
NAS100 Updates You can see there was a fake breakout of the trend ( see 4 hour chart). 11200 was an perfect entry point, however if you did enter there, more opportunities were there if you understand the charts well. We are coming back 11476 which we require a break to reach our goal of 11568- This resistance level will determine exactly where we are heading
NAS100 Analysis The bears came back in last night pulling the price down, This may just be a pullback- However what type of pullback is unsure, it can be a small, medium or even deep one. If it is not a pullback then the bears have really taken over. I have outlined how each pullback can react, Also when we reach 11568 what may happen. We are expecting a break...
On the daily chart, we are back in the box, When it got in there yesterday, it was obvious which way this market was going. We may get some pullbacks etc but i think We are still on our way to 11582. When we reach 11582, we will need a break outside this box. This may get us back into the bullish trend line.
... or could be! There is more money to be made here than in a "crash" ... so do it! Scalp it like a there was no tomorrow - as there may not be one :-) (Both, outright Longs & Shorts are suckers here!)
NASDAQ 100 is in a downtrend we may see rejection for short at 11200 Possible next move is to 10668 to 10313 Breakout at level 11300 may take it to 11776 Resistance Levels: 11200, 11354, 11564, 11776 Support Levels: 11090, 10885, 10668, 10313 Let's watch... #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
Another excellent trade- Look how it came and hit the my resistance again. This is the type of accuracy you need with your S/R
So much hasn't changed since yesterday. NASDAQ is still in that middle zone. Currently it couldn't break 10971 and was forced to come down. If it carries on we can expect 10580-10510. However if we get a break of 10971 then we would see 11172 a break there would be the big goal, which can change the currently trend if buyers take the upper hands.
It is extremely important to get your support and resistance correct with nasdaq because they will guide you. Nasdaq heavily relies on S/R. Look at this example from yesterday how amazing this respected the S/R line. I have seen many of your charts and some for people have 100s of lines which has made trading extremely hard for yourself. How to draw support and...
Everyone that saw my previous post regarding false breakout must have witnessed it today live at New York market time how it broke out and then closed back in. Entry just after the false breakout- Easy over 200 pips there. Thats all you need. one good trade and you are sorted for the day
Fake Breakouts The market is still consolidating, it will hopefully break out soon but be careful of fake breakouts. They are called stop hunters, looking for obvious places where people have put their stops. When do you get stop hunters in NASDAQ- Alot the time they happen during the New york market opening hours. Catches people out all the time. Be a different...