NASDAQ weekly Projections

I've been stopped out.
Entry: 28134
SL: 27996
My Original SL was far, but I tightened it. I didn't trust the zone to hold longer since it has pushed severally above my entry, but kept rejecting back.

I'm still following price up, but I'll be waiting to see how the 4hrs will close around the zone by 3pm.
A close above the zone (28,050), would mean price just swept below the zone, stopping me out.
But a body close below the zone would signify price is continuing to the lower support level at 27500, where I'll position for re-entries, with my SL below the MRL at 27300.

@asuquokelvin @godspowerdan @ekeswilly

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@asuquokelvin - 10 hours ago

I'm still following price up, but I'll be waiting to see how the 4hrs will close around the zone by 3pm.
A close above the zone (28,050), would mean price just swept below the zone, stopping me out.
But a body close below the zone would signify price is continuing to the lower support level at 27500, where I'll position for re-entries, with my SL below the MRL at 27300.

Watch your invalidation level and don't chase price, a sweep and close above the level will give the bullish confirmation for more longs but a break below there with high volume should be the invalidation you are looking for

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@asuquokelvin - 10 hours ago

I've been stopped out.
Entry: 28134
SL: 27996
My Original SL was far, but I tightened it. I didn't trust the zone to hold longer since it has pushed severally above my entry, but kept rejecting back.

I know Nasdaq was going to manipulate just waiting for a particular reaction by 3:30pm when the stock exchange market will open

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@asuquokelvin - 10 hours ago

From the Higher timeframe perspective, A break below that internal support level, and price will drive down to the next level at 27485.

If price breaks to 27485 it will definitely continue lower without reversal

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N

@nsg_usd - 5 hours ago

Quoted - asuquokelvin

I know Nasdaq was going to manipulate just waiting for a particular reaction by 3:30pm when the stock exchange market will open

NAS 100 Trade Update
Price finally bought from the zone, after kicking me out.
From My SL, price never traded below my zone.
I didn't re-enter again because I had my attention divided during New York.

@asuquokelvin @godspowerdan @ekeswilly

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2

@asuquokelvin - 5 hours ago

NAS 100 Trade Update
Price finally bought from the zone, after kicking me out.
From My SL, price never traded below my zone.
I didn't re-enter again because I had my attention divided during New York.

I spotted the buy, it actually invalidated the sells I was anticipating

0

N

@nsg_usd - 5 hours ago

Quoted - asuquokelvin

I spotted the buy, it actually invalidated the sells I was anticipating

I just wished I didn't adjust my SL but allowed it where it was.
It's fine though. Losses can always be recovered.

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@asuquokelvin - 4 hours ago

I just wished I didn't adjust my SL but allowed it where it was.
It's fine though. Losses can always be recovered.

I wish there was a way to get a 90% prediction of Nasdaq direction immediately the stock exchange market opens, infact I was researching on it this evening but it's impossible even Sqqq proshares can't give the premarket direction before it happens

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Y

@yokoyi - 3 hours ago

Quoted - asuquokelvin

I wish there was a way to get a 90% prediction of Nasdaq direction immediately the stock exchange market opens, infact I was researching on it this evening but it's impossible even Sqqq proshares can't give the premarket direction before it happens

Direction of the market when the exchange opens depends on the MOO orders ( Market On Open) because once the exchange opens those orders will be executed automatically and they will determine the initial direction of the market

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E

@ekeswilly - 1 hour ago