⚡️Weekly Recap on NAS100 and how I caught over 300 points⚡️
Hello Traders!
Firstly congratulations to everyone who participated in the NAS100 Bull run
Fundamentals played a great role in the moves we saw
Now to get to how I caught wind of the move
1. Firstly, I used simple market structure. In as much as this is basic, a lot of traders get caught on the wrong side of the trend when pullbacks begin,
-In an uptrend, the market rallies, consolidates(accumulation) and then rallies again,
The trend is your friend and until something like a big breakdown of price happens, your bias should always stay with the trend
2. Second, I used the breakout strategy, the moment we had news and the market broke outside accumulation, that was the cue to go long
I hope someone gets a thing or two from this post.
Any questions suggestions etc are welcome
✨The idea is linked below✨
Slick⚡️
Firstly congratulations to everyone who participated in the NAS100 Bull run
Fundamentals played a great role in the moves we saw
Now to get to how I caught wind of the move
1. Firstly, I used simple market structure. In as much as this is basic, a lot of traders get caught on the wrong side of the trend when pullbacks begin,
-In an uptrend, the market rallies, consolidates(accumulation) and then rallies again,
The trend is your friend and until something like a big breakdown of price happens, your bias should always stay with the trend
2. Second, I used the breakout strategy, the moment we had news and the market broke outside accumulation, that was the cue to go long
I hope someone gets a thing or two from this post.
Any questions suggestions etc are welcome
✨The idea is linked below✨
Slick⚡️
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