Trade review For 3rd-8th July, 2022
july 4th, monday is a general holiday for the US market. however, here's my review for the week. nasdaq100 is seriously sitting on the 11400 where she has created a higher-low and trading above the 11038 (lower-low). with a bullish divergence and now higher-low, the bulls are still building and bears showing signs of weakness. a short term buy? maybe.. guess we'll see when the market opens. on the hour 4, the 11700 hasn't been broken yet with this, the bulls coming back depends on a break above 11700. similarly, the bears coming back depends on a beak below 11400. that being said, "happy independence day united states". Let's wait for the market to decide.
A Daily Reminder:
after 11:30am gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
july 4th, monday is a general holiday for the US market. however, here's my review for the week. nasdaq100 is seriously sitting on the 11400 where she has created a higher-low and trading above the 11038 (lower-low). with a bullish divergence and now higher-low, the bulls are still building and bears showing signs of weakness. a short term buy? maybe.. guess we'll see when the market opens. on the hour 4, the 11700 hasn't been broken yet with this, the bulls coming back depends on a break above 11700. similarly, the bears coming back depends on a beak below 11400. that being said, "happy independence day united states". Let's wait for the market to decide.
A Daily Reminder:
after 11:30am gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
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