NAS100 Strategies

Closing the trade here with profit

SELL 29405

SL 29477

Missed this trade but it would have played out well as per my strategy. I usually wait for price to breakout of the box then I trade the first reversal or continuation pattern that forms

The Nasdaq stock exchange has just opened at 9 30 am American time which is 2:30 pm Nigerian time. I boxed out the pre-market period between 1 and 2:30 pm. A breakout has happened from the top of the box so I am waiting for an entry signal

Correct chart

I have shorted the market

SELL 30911

SL 30992

TP 30802

Price action not looking, good, the price failed to break the lower 15 minute range, so I have cut my losses and switched bias to buy

BUY 39081

SL 30780

Why am I buying? Price has broken out (upwards) of the first 15M candle range after failing to do so from the lower 15M range

Closed in profit, losses recovered

Wow you recovered all losses even the one on xauusd is this the GFT competition account?

The Nasdaq stock exchange has opened by 2:30 pm UTC+1 and the pre-nasdaq range has been isolated with a box. Price has already tested the upper edge of the box. I am not taking an entry yet, this is the amateur hour and volatility is too high, I will give it 15 minutes for the soup to cook

No action taken yet, I want price to break out of the 15M NY open range first

A breakout has happened I will now prepare to trade

BUY 31329

SL 31267

Trade was in drawdown but now it is in profit, it is was past my trading hours so I will soon close the trade. I dont like to keep trades open after 3:30 pm UTC+1 or 10:30 AM American time

TP reached, closed in profit. I am done for the day as it is past 3:30 PM which is when I stop trading

Why 3:30 PM?

From 10:30 AM (which is 3:30 PM where I am), you start giving back profits because the market loses momentum and the drive is gone

If I had not closed my long trade when I did, I would have given back profits because price started going down

The Nasdaq stock exchange opens in 10 minutes