NAS Outlook 5/29

30 thg 5, 2023

Bullish on NAS till around 15288.35 which is some old double top buyside liquidity. NFP week this week so take all analysis with a grain of salt. The market will decide where it wants to go on Friday morning. Everything that happens before then is building of liquidity.

All other relevant POIs are annotated on the chart.

A previous DXY chart was shared with NAS analysis in error. Please reference this chart.

30 thg 5, 2023

Ghi chú

in a NAS short, didn't send signal because it was risky entry, will call out if i see area for re-entry.

30 thg 5, 2023

Ghi chú

taking a forward test re-entry off the 15m FVG

30 thg 5, 2023

Ghi chú

nice reaction off the 15M FVG, deleting that entry to clean up the chart. but TP and SL levels are as shown above.

30 thg 5, 2023

Ghi chú

going risk free

30 thg 5, 2023

Ghi chú

forward test position added for afternoon session. not live as I am in shorts on GU and EU as well.

30 thg 5, 2023

Ghi chú

no dice on the forward test, price just kept going.

31 thg 5, 2023

Ghi chú

still holding on NAS

31 thg 5, 2023

Ghi chú

taking profit here at a new low for the day, we are in a 10H FVG that can reverse price, plus some less than ideal outcomes on GU and EU makes booking profits mores conservatively necessary.

31 thg 5, 2023

Ghi chú

closed manually here.

31 thg 5, 2023

Ghi chú

forward testing this trade. I am in a SPX position and want to limit exposure. Not placing live position.

2 thg 6, 2023

Ghi chú

realized I didn't post the outcome of forward test. largely successful, could have been stopped by the spread if it was live, but the analysis was accurate.