NAS Outlook 1/2

By akhena10fx
Updated
Bearish on indices. lets see how NFP reacts to all the liquidity built from the end of last year, expecting a shakeout.
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snapshot

Short on NAS, entry wasnt perfect but we are in it
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snapshot

didnt get filled where I wanted as price moved too quick for manual execution, will manage accordingly.
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snapshot

Stoploss moved to entry, expecting a bearish day, not looking to see price trade back above the open till trade completion.
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snapshot took first profit here. not my usual 80%, just enough to pay the trade, letting the rest ride to final TP
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80% profit taken
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SL moved to profit.
Trade closed: target reached
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all TPs hit, good start to 2023
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captured most of the sellside offered during NY session. didn't get the initial entry which was a risk as price could have retraced
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fear and hubris are some of the most detrimental emotions in the trading game, while i am happy with this result and exit, the entry exposed me to more risk than i had bargained for.
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snapshot bought NAS, dont love it at the moment
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snapshot

There she go
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How many retail traders do you think sold this "head & shoulders" lol.

no such thing as a head and shoulders. snapshot
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TP'd 80% of my 80% TP a bit early to lock something in for the day. snapshot
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snapshot

wasn't mean't to be. still profitable. about 23% stopped back at BE. the rest was closed as shown in previous update.
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snapshot

ever the cruel mistress.
Trend Analysis
akhena10fx
Let the algo show you its hand.

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