NAS100 Strategies

As usual I have marked out the pre-Nasdaq open range from 1:30 - 2:30 pm and today I do something different: I have placed pending orders at the edge of the box to catch the opening burst in price movement.

Long on NAS100

TP smashed

NASDAQ is adjusting its points downward by 0.37 for dividends paid out, check your earnings calendars to see

Thanks for the heads up.

I get that index futures or CFDs like US Tech 100 often get adjusted downward on ex-dividend dates to account for dividends paid by constituent companies. Makes sense.

Quick question though is this 0.37 points adjustment happening today or was it already applied?

Already applied yesterday

Every time a company pays out dividend, it's stock price reduces hence the dividend adjustment

Okay..so we wait for the next information

but it's not a loss, it's simply a transfer

A transfer to where?

A money transfer like in the forex market

The NASDAQ stock exchange just opened with a bang! it opened by 9 30 AM EST or 2:30 PM UTC+1 and you can see the volatility it opened with. I have boxed out the price action that took place one-hour before the NASDAQ open

I have taken a long trade as price has started reversing back into the box

Bro what do you think is responsible for the long red candlestick that formed as soon as the exchange opened?

Market on Open Orders (MOO) are a culprit, but there could be other reasons too.

TP smashed!

brother teach me this your strategy

I am long on nas100 because price just interacted/rejected at the lower edge of the pre-nasdaq open hour range and is going up.

I am exiting the trade here and taking profit