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NASDAQ 100 CFD

NAS100 Analysis Hi Guys, We had a beautiful drop this morning on nasdaq bringing price down to 12460 one of our key levels. We can see a double top formed and we may see the bears continue bringing price back to 12460. A break there will bring it down to 12316- 12094. As for the bulls next target will be 12787- 13000. This week will be very interesting especially with all the uncertainty with coronavirus. We may finally see a break of the current bullish trend. Key levels are so important as they will be your guide to your entries. If you key levels are wrong you entry will be wrong, you will end up entering too early meaning stop loss hit, or too late where you missed it. After you get your levels most people don't know what to do with them. You need to find techniques that work for you. All those who have done my course trade in my style and have been very successful. It simple strategy anyone can use- you don't need years of experience to be profitable. All the best this week guys
OANDA:NAS100USD
by Tradeofgrey
NAS100 AnalysisHi Everyone. Nasdaq is currently approaching 12656 zone where price had come only last week at new high. The market will either break this new resistance pushing price higher or respect it and let the bears right back in. If we get a break, our next new target for bulls will be 12821 according to the channel, as we are still in a upward channel and it has respected it so far very well. However if we fail to break through this zone we can see the bears push the price back down to 12463- 12318. Tip: This may create a double top pushing price right down. So far double top formation looks perfect- only missing the right leg. Again Nasdaq new highs are in its genes. So prepare, have strategy in place and follow it. Don't trade blindly- Nasdaq can make you a winner if you trade it correctly All the best guys.
OANDA:NAS100USD
by Tradeofgrey
1
NAS100 AnalysisHi Guys, hope you all had a great weekend. A quick update on what is happening on NASDAQ on the daily. We have been around this 12200 zone for last few days and its a very strong support area. For the bears to really come in we need a break out of this 12200 area. As for the Bulls if they continue we can see more new highs. The market is currently consolidating so lets Prepare, wait and execute!!! Monday Motivation!! Nasdaq is a very good pair to make very good money. Your weekly target should be minimum 400 pips profit, which can be easily achieved through NAS. If you are not profiting and losing money you should stop, and see what you are doing wrong. From my experience I can say the ones that succeed and flip their 1000 to 10,000 to 100,000 to 1 million is the one who know when they are doing something wrong they seek help to improve and better themselves. The ones that gamble, this market will turn you into a gambler to the point it becomes an addiction. And you will never make any money instead you will lose everything you ever worked for in the outside world of trading. I have met people who even lost their family due to addiction hence I always advice people of gambling. So please don't ever let yourself get there! If you need help, Seek help.
OANDA:NAS100USD
by Tradeofgrey
1
NAS100 Analysis Hi Guys. So last week was great, we broke through previous highs to make new highs and it moves with some very good momentum. However after it made new high it has been consolidating and doesn't really know what to do. Its been a great battle between the bears and bulls- a lot of long wicks everywhere stopping traders out the trades. Im hoping to see some good stability in the market this week. Currently the market is still consolidating and we can see a triangle has been formed aswell. For the bears it is pretty simple, a break of 12442 and we can seen as come down to anywhere between 12377- 12227. If we manage to break this channel down and we get confirmation it has broken then we may see some bearish trends. As for the bulls we can see 12537 has been a very strong area of resistance however it may eventually break pushing price to 12657 - 12750 Advice for this week: Have a plan- a fool with a plan can beat a genius with no plan. It is very important to know where the market is going and be ready to execute with the correct calculated risk. To be a wealthy trader, you must learn first to love the money you have. If you have no care or love for the capital you have then you can never succeed to make more money. Protect the capital, and that capital will one day make you a millionaire!!!.
OANDA:NAS100USD
by Tradeofgrey
4
NAS100 AnalysisHI Guys, Ready for another very profitable week. NAS100 had an amazing run last week. This week we looking at 12400 a major key level. A break there we can see new highs or we may even get a bounce from there bringing price down to 12100 a previous consolidation zone. As for today the targets for: Bulls: 12290- we will have another attempt to reach 12400 Bears: rejection at 12290, will bring price down to zone 12214, and a break of this zone will also be the break of the trend which can bring price between 12214-12100 All the best guys and if anyone needs help: Always here to assist. Remember guys to become a profitable trader we must have a good strategy and plan to execute. We must stop gambling our hard earned money away. If you feel you are gambling then stop and learn to be a profitable trader so you can invest and grow. A investor doesn't blindly put his money in, he is aware of where he is investing, and what return he is expecting. Be like an investor not a gambler!!!
OANDA:NAS100USD
by Tradeofgrey
6
NAS100 AnalysisNAS100 Analysis After a beautiful upward rally yesterday, we are now consolidating in a very important key area where on the daily we can see nas has come up to 12110 many time about 6/7 times and each time got rejected. A break above that level we can see bulls come back in full power but we will know when the day closes tonight. As for today, A break of 12055 will bring us back into our consolidation zone that we broke out yesterday. As for the bulls we need a break out the current trend line to reach 12400 -12500
OANDA:NAS100USD
by Tradeofgrey
NAS100- Daily TimeFrame AnalysisHI Guys, Hope you all had a good trading day yesterday. I will be releasing my daily analysis very soon. Firstly id like you to see what is happening in the daily. It is important to see what is happening in the higher timeframe to be able to execute on the lower timeframes. We have a triangle that has formed and its been respecting this triangle very nicely. We have had couple of fake break outs from this triangle and they were quite a big 300 pip moves but each time they failed and came back in. Now that you have seen this triangle im sure you all see the lower timeframe a lot differently and you have a zone to trade in. Weather you are waiting to trade when it breaks or trade inside the triangle , you have a clearer picture to plan.
OANDA:NAS100USD
by Tradeofgrey