Day 112. It's NFP today. For me, Non-Farm Payroll in the Nasdaq100 isn't one to force. If it doesn't feel right, stay away. No-one gives awards to people who kill NFP. On that note, I won't be taking trades today. However, the lady is in a downtrend and my bias would be bearish if at all I was. Use the day to reflect. Have a fun-filled day..
November: 2Ws (2 trades)
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
3 Rules:
a. one trade a day (always)
b. always know the current trend
c. only buy after HH breaks and sell after LL breaks
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!