Hello, man! Do you have stats of your strategy? I would like to see it, it's interesting!
- #782
- Oct 24, 2024 3:43pm Oct 24, 2024 3:43pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
End of day Analysis:
TSLA results saved the week for NQ from breaking down. Nothing to do until next week. We got an inside daily bar. Most probably, price will provide another inside bar tomorrow and the week will close at the open level.
TSLA results saved the week for NQ from breaking down. Nothing to do until next week. We got an inside daily bar. Most probably, price will provide another inside bar tomorrow and the week will close at the open level.
- #783
- Edited Oct 25, 2024 4:28am Oct 24, 2024 4:21pm | Edited Oct 25, 2024 4:28am
I closed manualy last trade with 77 pips because in my opinion Price action shows little troubles to cross green Hull's Suite upward in 30m TF. from last low it reached level between o.618 and 0.786 Fibonacci. I anticipated to reach full 0.786 Fibbo but there was a doubt in searching higher level. From now i anticipate to extend yesterdays wave down.
Im not sure for a hundred % but i will try short with 5.02 RR. Its worth to try
Trade safe guys.
EDIT: I'm in. Short at 20300 SL 20360 TP 20000
Im not sure for a hundred % but i will try short with 5.02 RR. Its worth to try
Trade safe guys.
EDIT: I'm in. Short at 20300 SL 20360 TP 20000
- #784
- Oct 24, 2024 10:25pm Oct 24, 2024 10:25pm
- Joined Apr 2009 | Status: Live and learn. | 25,166 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #785
- Oct 24, 2024 10:39pm Oct 24, 2024 10:39pm
- Joined Apr 2009 | Status: Live and learn. | 25,166 Posts
For market dynamics, in the near term anyway, the election binary premise is not so much who wins, but whether or not there will be a contested election. The only way there will not be a contested election is if DJT wins in a landslide. That does not seem likely, but we'll see. I actually think Harris will win and the win will be declared fairly early. In which case DJT will do what he does thru lawfare and other means. I'll be watching my NDX put spreads until early next week & will probably roll to what is shown. With tech heavy earnings next week, we might see more upside in NDX all the way to the weekend....
"If The Fool persists in his Folly he will become wise." - William Blake
- #786
- Oct 25, 2024 7:57am Oct 25, 2024 7:57am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Good day!
I'm interested to short NQ at value area (VA). Will see how NY 5min opening range plays this out.
I'm interested to short NQ at value area (VA). Will see how NY 5min opening range plays this out.
- #788
- Edited 9:34am Oct 25, 2024 9:18am | Edited 9:34am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
I'm in
STOPPED!
See you next week.
Overall it was a green week with 50% win rate.
STOPPED!
See you next week.
Overall it was a green week with 50% win rate.
- #794
- Oct 25, 2024 12:48pm Oct 25, 2024 12:48pm
- Joined Apr 2009 | Status: Live and learn. | 25,166 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #795
- Oct 25, 2024 1:15pm Oct 25, 2024 1:15pm
- Joined Apr 2009 | Status: Live and learn. | 25,166 Posts
If there's an "October surprise" wildcard to be played, the time to play that is coming soon. My take is short positions are going to pay very well over the next few weeks....
"If The Fool persists in his Folly he will become wise." - William Blake
- #796
- Oct 25, 2024 1:18pm Oct 25, 2024 1:18pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
I'm in {image} STOPPED! See you next week. Overall it was a green week with 50% win rate.
If you took it with 2 pips of higher STP, we would made 200 points.
- #798
- Oct 25, 2024 6:40pm Oct 25, 2024 6:40pm
- Joined Apr 2009 | Status: Live and learn. | 25,166 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #800
- Oct 28, 2024 7:29am Oct 28, 2024 7:29am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Good week/day!
Weekly Analysis:
FA Analysis: Same rule: good news is good news for NQ and vice-versa.
- Earnings season: This week is the most important week for stocks and NQ, except NVDA that will come in November.
- US Macro data: Important key data: Jolts jobs (Tuesday); Advance GDP (Wed.); PCE (Thurs.) and NFP (Fri).
- US Election: Next week; so we may see liquidation prior to election day.
- Risk of war: After Israel soft retaliation; this will be or is already out from the equation and market eyes.
- End of Month!
TA Analysis:
FA data will overcome any TA analysis tool. Price might continue consolidating until strong data for a new ATH or liquidation.
I will mainly use my strategy: Breakout and retest at the 5min opening range and at key levels. GL Everyone and green pips to all of you!
Weekly Analysis:
FA Analysis: Same rule: good news is good news for NQ and vice-versa.
- Earnings season: This week is the most important week for stocks and NQ, except NVDA that will come in November.
- US Macro data: Important key data: Jolts jobs (Tuesday); Advance GDP (Wed.); PCE (Thurs.) and NFP (Fri).
- US Election: Next week; so we may see liquidation prior to election day.
- Risk of war: After Israel soft retaliation; this will be or is already out from the equation and market eyes.
- End of Month!
TA Analysis:
FA data will overcome any TA analysis tool. Price might continue consolidating until strong data for a new ATH or liquidation.
I will mainly use my strategy: Breakout and retest at the 5min opening range and at key levels. GL Everyone and green pips to all of you!