Was able to catch a pretty nice move on the NQ100 today and called it a day 21 mins after the market open. Relatively happy with the overall performance.
Let me know if you have any questions and if there's a specific topic you'd like to have covered on the next video :)
Enjoy the video!
You can view the broker statements in the link below:
www.mql5.com
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The nasdaq has provided us a short opportunity off the 4hr chart rejecting the key lows.
Look for short opportunities below the candle low, stops above the swing highs.
The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.
Sound quality is not great because I'm away from home, working on my laptop. Important things in this:
1. This is a parabolic chart in the last few months.
2. The uptrend on the weekly and daily time frames appear to show some weakening.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
If you want to learn more about the basic rules to trade with my...
