Expectations around NFP, many will likely sit on the side of expecting NQ to squeeze some shorts today on the NFP release. As we are still High timeframe Bullish. Liquidity is also clear in how its been built above current price with the sloping downtrend outlined. Stops are positioned there but also the divergence at the highs seen on Wednesday and Thursday between NQ and ES.
However, there is a case and my expectation is more skewed towards seeing NQ go lower to offer discount buying before the shorts are squeezed, this also aligns with ES trading to atleast 5472. Again as traders its about understanding ones idea/bias/data and then waiting to see if your setup unfolds to allow for execution. I will execute only when my setup delivers around my own expectations!
Namaste
However, there is a case and my expectation is more skewed towards seeing NQ go lower to offer discount buying before the shorts are squeezed, this also aligns with ES trading to atleast 5472. Again as traders its about understanding ones idea/bias/data and then waiting to see if your setup unfolds to allow for execution. I will execute only when my setup delivers around my own expectations!
Namaste
註釋
Discount buying zone reached, here is where timing and seeking a setup is crucial. We dropped lower as I anticipated whilst many expected the shorts to indefinitely get squeezed.註釋
Call was spot on, NFP dropped price lower and Discount was indeed bought up nicely !免責聲明
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免責聲明
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