Td27: Is today for the BULLS? The structure of NQ has changed a lot from High to Low and High again. Can’t even keep up. Today I’ll be looking at the BULLISH side only because she has failed at creating a recent LL on the LTF. Anything could happen but I’ll have to wait and see.
Td26: Yesterday BULL setup went well, However, the bulls couldn’t even hold it before the BEARS returned—AGAIN. This time, I really don’t know the plan. The NQ has been going back n’ forth for the longest time and we are left to manage her scrumb everytime. What’s the plan?
Td25: I mean if you look at the NQ twice you'll see that the BULLS have an upper hand. However, The BEARS are not leaving anytime soon. In this case, I'll only consider going shorts when there's a proper 11500 break. Till then, I'll be LONG. Let's see what she offers. What's your take?
Td24: Won’t be TRADING today because of the break. So, I’ll just use today to OBSERVE what the NQ is planning to achieve with the current structure. Is this just a PULL or some BEARS are about to walk in. We’ll see. Till then, BEDs should be avoided for now. It’s still 6 trades.
I've been trying to upload this one since YESTERDAY. Haha! Anyway, Here's a new journal entry from the 2nd week of January. Here are the lessons: 1. Use the DIVERGENCE as a tool to know when there's a pause or stop in the current TREND to avoid getting stopped only for the MARKET to go your way. 2. Avoid the NEWS and OPEN of the NYSE (If you're trading in a...
Td23: This week in NASDAQ100 has been an annoying back n’ forth. The BULLS taking the TREND then comes a major news to bring back the BEARS and vice versa. Currently, She’s been making “LOWER-HIGHS” without new lows. So, I can’t say she’s BEARISH or BULLISH. It’s a mixed vibe.
Td22: I am back again on this GRIND. NASDAQ100 bulls kept building past 11100 which was my initial level, that—if broken they’ll raid in. Whist leaving the 10700-600 LEVEL behind. Today, There’s a bunch of HHs and HLs which is a clean UPTREND. However, there goes a BED. Tricky!
Td21: Can I still say she’s BULLISH, with the way she’s been going sideways. The BEARS haven’t been strong enough likewise, the BULLS. However, judging from the STRUCTURE, It’s a little more on the HH and HL side. So, what’s it going to be NASDAQ100? January: 3Ls (3 trades)
Td20: The NASDAQ100 BULLS came in yesterday but couldn't hold it. They broke past the 11,100 level only to return back to it and have failed to leave the spot ever since. Can't tell what they'll be doing now since the new HL hasn't been broken by the BEARS yet. The current STRUCTURE is still BULLISH. However, the TREND is looking BEARISH. The lady is still in a...
Td19: The NASDAQ100 hasn’t done much since I posted the last chart—yesterday. Today she has managed to maintain the HL structure. However, she has been struggling to BREAK past 11100. There’s a slight BED (bearish divergence) around the corner. I’ll be on the sidelines.
I did a thing with the DAILY and 30 MINUTES chart. To see the major vibe and to see the current vibe. By “VIBE” I mean—TREND. The NASDAQ100 has been protecting that demand level since 17th of OCT. So now for this week, we’ll see if she finally breaks it. Will she?
Happy weekend guys. Hope everyone's having a splendid one? Today's JOURNAL, I talk about changes I've made so far in my TRADING and Also, I speak on the TRADES taken. Be sure to binge the whole thing and grab a nuggets or two. Have FUN! Love, Luchi.
Td 18: NFP day. The NASDAQ100 is still in a range but this time, BEARISH. Since its NFP, I’ll make sure to stay away during NEW YORK opening. However, The BEARS are now in charge. There’s a 10820 LH that if broken, changes the story. Let’s see what she decides to do today.
Td 17: NASDAQ100 is still in a downtrend range. The indecisions might be as a result of it been a NFP week. The BULLS regained their strength at 10,600 as that level created in October 17th has failed to break even after being tested for the third time. I can’t consider or pick sides just yet till, 11000 breaks for the BULLS or 10800 breaks for the BEARS. However,...
Td 16: NASDAQ100 is now in a range with the BEARS dominating in the much higher timeframes. However, the STRUCTURES in the lower timeframes are more BULLISH than BEARISH. A bearish divergence appeared before the fall yesterday. Now, I’ll need a continuation to take a TRADE.Till then, I am neutral. For January, I’ve taken just 1 trade so far and that was a LOSS...
The outcome of today's TRADES explained. But I got a lesson from it. Want to know what it is, Watch the whole clip. How is your day going?
Td 15: The BULLS of NASDAQ100 left a gap. The broke past 11,000 and left that gap. Will she get a fill or the BEARS come in? I guess we'll see. Once again, Happy New Year. January:
Happy New Year TRADERS. So, The lady NASDAQ100 won't be open for monday because it's a new year. However, I made my usually markings on the chart to assist you on what my view will be. I have two levels: 11,000 and 10800. There's a BULLISH DIVERGENCE and HIGHER-LOW that has been created which screams BULLISH. But, the over-all vibe is BEARISH. These levels come to...