The Nasdaq 100 (NQ1!) ATR Says It's Due For A Fall
Everyone can see the Nasdaq 100 is extended. Heck, the index has added nearly 1000 points in only the last few weeks. But despite the price strength, we have a sign/signal that the mighty may be ready for a fall.
The 7-Day Average True Range (ATR) of the Nasdaq 100 Futures Market (NQ1!) hit the lowest level of year, and is down over 60% since May 20. I've linked to a related Video Idea on ATR below.
How we're expressing a short idea:
Keeping it simple. When the NQ1! hit 15670, we bought the QQQ Sep10w 375 Puts for a 1.02 debit. We'll likely spread if the trade moves in our favor this week. Risk is 50% of premium paid regardless of underlying so we stop out around .50
The 7-Day Average True Range (ATR) of the Nasdaq 100 Futures Market (NQ1!) hit the lowest level of year, and is down over 60% since May 20. I've linked to a related Video Idea on ATR below.
How we're expressing a short idea:
Keeping it simple. When the NQ1! hit 15670, we bought the QQQ Sep10w 375 Puts for a 1.02 debit. We'll likely spread if the trade moves in our favor this week. Risk is 50% of premium paid regardless of underlying so we stop out around .50
交易進行
Sold 25% 375P at 1.45 +40%交易進行
Sold 25% 375P at 1.75 +70%交易進行
Added heavy, 9/3 .77 - don't do this at home. :)交易進行
Reduced at .80 for a scratch on 50% of add. Still long 50 contracts avg .65手動結束交易
Well, we got some selling today.
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✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
Use Code: TDGFANATIC for 80% OFF!
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
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👉 Grab a futures demo account with real time data: tradersdevgroup.com/apex
Use Code: TDGFANATIC for 80% OFF!
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
Use Code: TDGFANATIC for 80% OFF!
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。