Day 112. It's NFP today. For me, Non-Farm Payroll in the Nasdaq100 isn't one to force. If it doesn't feel right, stay away. No-one gives awards to people who kill NFP. On that note, I won't be taking trades today. However, the lady is in a downtrend and my bias would be bearish if at all I was. Use the day to reflect. Have a fun-filled day.. November: 2Ws (2...
Day 111. Nasdaq100 today has the bears roaming around. After that big drop, A Lh and Ll was created. Still NFP week and I don't know what to expect but my bias is bearish till Lhs starts breaking.. November: 1W (1 trade) A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs. P.S: Strategy— structures, divergence & trends Triggers— LHs & HLs 3 Rules: a....
Day 110. Hmm, another day in Nasdaq100 and the lady is still in the range but this time, with bearish signals. She dropped yesterday and a rejected high (double top) and now a Lh. Will the bears continue? I really can't tell. However, my bias is bearish till the High at 11580 breaks. November: A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs. P.S:...
Day 109. A new month; A new day in the Nasdaq100. Happy November guys. The lady is still in a range which keeps me in a neutral spot. Don't know what to expect though. So i'll wait to see what the vibe is.. November: 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...
Day 108. Last day of october (NFP week) and we can say, "welcome november". For november, I don't know what to expect. But the Nasdaq100 $ndx is looking like it's in a range-uptrend which keeps my bias bullish but at the same time, neutral. a break past the Hh or a break past the Hl. i'll let the lady decide.. October: 12 trades (9Ws, 2Bes, and 1L) A Daily...
Day 107. A down-trend in the Nasdaq100 after the range break. Lhs and Lls everywhere in the Nasdaq. My bias has changed from long to short because of this very structure. However, a break past the Lh at 11160 might be the judge of that.. October: 12 trades (9Ws, 2Bes, and 1L) A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs. P.S: Strategy—...
Day 105. uptrend in Nasdaq100 bulls still way stronger but the constant Beds and DTs that are forming are one to take into consideration. are the bears really back or this is just a correction phase. my bias for today will still be bullish till a proper break past the Hl. October: 11 trades (8Ws, 2Bes, and 1L) A Daily Reminder: avoid imbalances—HH and LLs or LH...
Day 103. Okay, i'm back. I've got 17 days left before my 6 months of consistency is over. The lady Nasdaq100 has been in a range for a while now. The bulls are bears are at equillibrium causing the back n' forth. The imbalance brings forth a neutral stand. I'll be neutral for today.. October: 10 trades (7Ws, 2Bes, and 1L) A Daily Reminder: avoid imbalances—HH...
Day 102. The Nasdaq100 bears started their build-up and she's now in a supposed downtrend with Lhs and Lls. My bias would be in-line with that that is: after a break of the Ll, I get in. However, a change can occur if the bulls start breaking past Lhs. Let's see how it goes.. October: 10 trades (7Ws, 2Bes, and 1L) A Daily Reminder: avoid imbalances—HH and LLs or...
Day 101. Nasdaq100 is currently in an uptrend but with BED signs and double tops, these bears might not last. So, if she starts breaking levels then my bias changes. Till then, i'm team bulls. Have fun! October: 10 trades (7Ws, 2Bes, and 1L) A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs. P.S: Strategy— structures, divergence & trends Triggers—...
Day 100. It's the day 100 in the Nasdaq100 and I can't even believe it myself. 100 days of consistency (using just one strategy). The market gave us a bearish divergence and a little uptrend. It seems the bulls might be back for a while, will be having a bullish bias today unless the previous HL breaks.. October: 9 trades (6W, 2Be, and 1L) A Daily...
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...
Day 96. it's wednesday in Nasdaq100. I call it "News Day" because wednesday is usually a day for most major news. the market tends to react weirdly on this day. the bears are still in charge, however, there's a BUD in the market with a little imbalance which might not be that bad. I'll be waiting to see the market's reaction to this situation to know if my bearish...
Day 95. the Nasdaq100 is still in a downtrend. yesterday, we got two LLs making a bullish divergence but, the buyers were not strong enough to push past it making the sellers come back. since the market still has LHs and LLs, my bias will be bearish till a break past the previous LH.. October: 6 trades (4W, 1Be, and 1L) A Daily Reminder: avoid imbalances—HH and...
Day 94. After Friday's NFP drop, the bears have been showing their strenghts. Nasdaq100 is still in a bear market and all I can say is, "More bears?".. I guess will see. Bearish Divergence, with LHs and LLs, I have a plan to sell after the break of that new LL, However, if otherwise, I'll be there to see what she decides.. October: 5 trades (3W, 1Be, and 1L) A...
Day 93. Another day but also NFP day in the Nasdaq100. The lady Nasdaq100 is still in the mix. I might have to stay out after NewYork (if I don't get a trigger).. However, bearish divergence, double top, with Lhs is screaming "Bears".. However, the structure isn't balanced yet. A funny one! my set-up is set, let's see what she decides to do today.. October: 4...
Day 92. I got stopped out during NewYork opening yesterday in Nasdaq100 opened my chart too see that the market actually went well afterwards. Like I said, "anything can happen". The question is: what will be your reaction? After almost damaging my account months back, I made a promise to myself to create rules that will govern my trading and that;s what brought...
Day 91. It's Wednesday and I really don't know what the lady, Nasdaq100 is doing. Well, the bulls walked in and as usual, if the HH breaks further, I'll be taking longs and if the Hl breaks, I start looking for shorts. A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs. P.S: Strategy— structures, divergence & trends Triggers— LHs & HLs 3 Rules: a....