Index Room (US500 & US100)

Okay so basically dude that's cool information from you, but I have no idea why you have posted it.

KEEP IT AS SIMPLE AS POSSIBLE.

The way I interpret market BIAS is simply from Higher Timeframes. That is it, no cycles, no type of month or even looking at other pairs. It is simply just Higher Timeframe BIAS. I don't really know what else to say to your points. As long as the BIAS is CLEAR I will trade the commodity, equity, foreign exchange and anything else.

If you are a day trader / intraday trader, it is best to keep things as simple as possible. Whatever you are trading, just set your News Outcomes to that, for me I only have selected :

GBP, JPY, USD, EUR & CNY. (RED & ORANGE FOLDERS ONLY)

The other's are irrelevant, and when there is news that comes on the day just don't trade. I know when you are new you want to check everything and anything, and you want to make money as fast as possible however the best thing to do is just keep it simple.

Backtest any strategy to your preference, become profitable for at least 3 months making 5% a month of your initial starting balance and once you are able to do it with good risk management and discipline, that is how you know you are a profitable trader.

Not sure what else to say, if you need any help just reply here with your question or send a dm, Good Luck !

25/08

No trades today for me, PA was too choppy to find an entry.

26/08

Took 2 trades today, one was on s&p at 15 mins after market open, got stopped out, (it was low risk anyways). Then went to NASDAQ because it was the lagging index. BIAS was bullish anyways, so I was in BUYS for both of the trades. Left my PC for some time now and came back, price imo is making a retracement to then continue on pushing to the upside. TP's at 4H High and Daily High as they are the next highs.

You know I had a slight tingle saying to leave my SL and not put it at BE but I did it anyways after price wicked that High. I'm salty asf

27/08

Sorry for not updating guys, I was very busy after and had to do a lot of stuff, but this was the trade taken yesterday underneath, saw ny open take liquidity and then create some nice bullish order flow in the smaller timeframes and that was the entry pretty much. Originally my top TP was actually the ATH's because s&p took out ATH's too, however price came back to BE later on in the day when it was near closing time. Took majority of trade out from TP levels at recent High's then Daily High so I am alright with it. Onto today !

28/08

I was clear on LONGS today, but in the lower timeframes I couldn't find an entry which was suitable enough for me to make sure that price does not come back and take it, price was way too choppy in the lower timeframes. I know price came back to EQ and headed to the upside with an engulfing in the 5m but i didn't like the close so I didn't for go that, (the trade was gonna be on NASDAQ since ATH's are not hit and there is much more liq on NAS than SP).

Am mentioning the PA on NAS ^

Not sure if I will trade tomorrow, just depends on how price does today. If nas goes to ATH's today I won't, but if it does not then I might.

bro wtf is that shit. who gives a fuck if it is likely or not.

trade what you see, not what you think.

trade what you see, not what you think.

i always do

(29/08) & (01/09)

No trades on friday and will not be trading today either. I suggest you guys don't as well. Have a good Monday !

02/09

Too much shit yesterday, no trade, trump getting sued for tariffs and indexes fell short, now it'll just be tweets and meetings that will give us clear indication. Might switch to something else depending on how this week goes with the following news on Friday.

03/09

Bullish Bias today, took on leading indicator this time as there was better points for nas instead of SP. Aiming for Daily High as final TP as that is the point of either major change or continuation.

Will move SL to BE once LDN H get's closed over, no wicks this time.

Sort of side ways ES spx
Sitting at overnight low

04/09

Took a SELL on NASDAQ yesterday, saw there was liquidity left on the bottomside to target and then a whole lot more down under. Price came to TKY Low pretty fast, took half of position off, but this time I left my SL where it was. Not at BE. So waited a bit more and then I saw a huge bullish move come back from those lows that eventually hit my SL at it's original position. Wanted to try something and it didn't work out but regardless didn't lose any money. (didn't make any either but it is what it is)

I got over-confident and greedy, learnt that's not good especially in today's markets and a volatile president. We move, never again.

05/09

Too dangerous today, especially with those shitty numbers produced by news. Not trading this. Have a good weekend guys

08/09

Expected to be in the money today, lost 2 trades on the same bias. first was 1% risk, then 0.5% risk. Just lost both on BUYS on sp500. Everything was in my BIAS and got the confluences for the trades. No harm done, just today wasn't our day.


Onto tomorrow.

Just took another one on the same BIAS, DO NOT DO THIS

Took 75% profits at BE area, rest of 25% left to run to Daily High.

I'm still down for the day at -0.5/-0.75%. Better than fucking 1.5% down, but do not do this, only if you truly know why you are taking the trade and what not. If you are simply revenge trading, this will not work in your favour. Please be careful to the newbies : )