NAS100 Strategies
Good afternoon boss
Kehinde your'e late LOL ! I have also bought but I am closing once i get a 1:2
Kehinde your'e late LOL ! I have also bought but I am closing once i get a 1:2
I'm at $3 profit, I'm cashing out, the market doesn't seem to be moving any further.
Welcome to New York trading, the Nasdaq stock exchange opened by 1:30 pm UTC+1 and I have marked out the first 15 min range. The H4 chart shows bearishness so a sell is in the horizon.
Price broke out of the 15 min range and reversed back into it. So, I have taken a short trade.
Price broke out of the 15 min range and reversed back into it. So, I have taken a short trade.
Just got stopped out
Welcome to NY trading, the Nasdaq stock exchange is open (it opened by 1 30 pm UTC+1 or 9 30 am EDT). I have marked out the first 15-minute range and there has been a breakout to down side
I have taken a long trade, as price broke out of the lower 15 min range, and reversed back into it in the direction of the 4H bullish trend
I have taken a long trade, as price broke out of the lower 15 min range, and reversed back into it in the direction of the 4H bullish trend
Got stopped out of this trade
I think 15 min is too small to measure the initial balance of the market. Perharps we could start using the first 1 hour
I think 15 min is too small to measure the initial balance of the market. Perharps we could start using the first 1 hour
Yes, those were my thoughts exactly. From today I will experiment with the first 1 hour after Nasdaq open
Initial balance Strategy Testing
Welcome to NY trading, today we will be trying out the initial balance strategy on NAS100. The idea is to take the first one hour after the Nasdaq open and see how price reacts when leaving the range.
The Nasdaq stock exchange opened by 1 30 pm UTC+1 today, so I have marked out the first one hour of price action.
Price broke out of the lower 1 hour Nasdaq open range, so I have gone short. The market has also been bearish on 4H and 1H charts so yeah I a bearish on this.
Price broke out of the lower 1 hour Nasdaq open range, so I have gone short. The market has also been bearish on 4H and 1H charts so yeah I a bearish on this.
A quick breakdown.
I love the 1 hour and 4 hours bearish timeframe correlation