NAS pre-market analysis
Hi guys, I just took a look at NAS and price is still respecting 18100 level very well, this is where price made it’s last low.
What I would be looking for today is a bounce of off this level with rejection if price comes back down into this zone back to the last high at roughly 18200
If price doesn’t retest and does a break of high during NY session we could see price go up into the highs at 18280 where we have resistance
If price would decide to dump for whatever reason and we break the support at roughly 18100 breaking the lows I would look to take a sell into 18025
I always look to take price from zone to zone following market strucutre!
REMEMBER, This is just my analysis at this point in time. I won’t be looking at the charts anymore today so always do your own analysis before taking a trade
Hi guys, I just took a look at NAS and price is still respecting 18100 level very well, this is where price made it’s last low.
What I would be looking for today is a bounce of off this level with rejection if price comes back down into this zone back to the last high at roughly 18200
If price doesn’t retest and does a break of high during NY session we could see price go up into the highs at 18280 where we have resistance
If price would decide to dump for whatever reason and we break the support at roughly 18100 breaking the lows I would look to take a sell into 18025
I always look to take price from zone to zone following market strucutre!
REMEMBER, This is just my analysis at this point in time. I won’t be looking at the charts anymore today so always do your own analysis before taking a trade
NAS Pre-Market
Yo guys I’m back and ready to get the bag this week!
First of all on the higher timeframes we are overall still in a bullish trend on indices
The first picture is NAS on the 1 hour timeframe where we can see we are currently in a range, price is trading in between support and resistance.
Still plenty of room in this range to take trades though. We have this well respected level at roughly 18100 on NAS which is currently breaking. This break is also a break of the last lower high so we see a shift in market structure.
If we get a candle close above this zone on the 1 hour timeframe which will likely be the case I would be looking for buys if price comes back to retest in the 18100 range. (Second picture is the 15min timeframe)
If price does not give a retest I would wait for a break of the next level at roughly 18200 to go long to the next resistance at 18260
Yo guys I’m back and ready to get the bag this week!
First of all on the higher timeframes we are overall still in a bullish trend on indices
The first picture is NAS on the 1 hour timeframe where we can see we are currently in a range, price is trading in between support and resistance.
Still plenty of room in this range to take trades though. We have this well respected level at roughly 18100 on NAS which is currently breaking. This break is also a break of the last lower high so we see a shift in market structure.
If we get a candle close above this zone on the 1 hour timeframe which will likely be the case I would be looking for buys if price comes back to retest in the 18100 range. (Second picture is the 15min timeframe)
If price does not give a retest I would wait for a break of the next level at roughly 18200 to go long to the next resistance at 18260
Hi guys, I ended up taking this trade on NAS100 yesterday after posting my analysis but unfortunately it did not play out in my favour.
These were my confluences:
- Supply and demand zone
- 1 hour break of structure
- Multiple rejections
This is a part of the game, losses are inevitable. I also show this side to be transparent with you guys, and show the reality of trading.
This is where you need to assess your losses and become better from them.
These were my confluences:
- Supply and demand zone
- 1 hour break of structure
- Multiple rejections
This is a part of the game, losses are inevitable. I also show this side to be transparent with you guys, and show the reality of trading.
This is where you need to assess your losses and become better from them.
❤2
Hi guys, it’s been a while! Sorry for my inconsistency. I took a break from trading but came back last week as you maybe saw from my stories.
But now we’re back, so I’ll kick things off with a trade recap of today’s trade and tomorrow there will be pre-market analysis again.
But now we’re back, so I’ll kick things off with a trade recap of today’s trade and tomorrow there will be pre-market analysis again.
This is what I was looking at on US30 pre-market.
We have a key level on US30 on the H4 timeframe at around 38600.
At the start of today’s session price came to retest this zone. I entered longs after a 30min candlestick rejection.
This was not a scalp as usual but a bounce play (we speak of a bounce play when price bounces of a major level on the higher timeframe, H1 and above)
We have a key level on US30 on the H4 timeframe at around 38600.
At the start of today’s session price came to retest this zone. I entered longs after a 30min candlestick rejection.
This was not a scalp as usual but a bounce play (we speak of a bounce play when price bounces of a major level on the higher timeframe, H1 and above)
Hi guys, I’m looking at SPX during the opening of today’s session.
Price is currently trading at support, I will be looking for a breakout to the downside (below 5342) or the upside (above 5353) before taking a trade today
⚠️ Also notice that tomorrow we have CPI so that means that we can get choppy markets today
Price is currently trading at support, I will be looking for a breakout to the downside (below 5342) or the upside (above 5353) before taking a trade today
⚠️ Also notice that tomorrow we have CPI so that means that we can get choppy markets today