NASDAQ 100 short

8 thg 10, 2018

Good risk reward ratio for shorters, potentially a big correction incoming


Similar pattern all across the market, longs should thread carefully

11 thg 10, 2018

Ghi chú

Good drop, 10% since top
Short term traders or people with confidence that it is only a corrective wave can take a profit to secure the trade or at least lower the stop loss

Buyers should wait for a bottom to form, or use elliott wave theory to get a sense of when to buy back

Note : the target zone is a reference only, even if it is a strong possibility, but will probably take a long time.

24 thg 10, 2018

Ghi chú

13% drop since the top, over 20% in top stocks such as Amazon

We are at a good first profit taking zone
Letting the rest ride

30 thg 10, 2018

Ghi chú

Warning was given

There is still room for a lot of downward movement

23 thg 11, 2018

Đóng lệnh: đạt mục tiêu

We should see a relief rally for a dead cat bounce in not too long.
Shorters should start being cautious in the short term.
Mid term, things are still looking grim for now

28 thg 11, 2018

Đóng lệnh: đạt mục tiêu

Rally in progress.

I expect long positions to get some profit, to secure the counter-trend trade, or unload some very long term positions on the bounce on the back of reckless shorters predicting the end of the world.

Great volatility overall

31 thg 12, 2018

Đóng lệnh: đạt mục tiêu

Mid term target reached at 5900, Final target is still 5300-5500 after a successful counter rally trade
Profit has been taken on the way down gradually
Be careful of the new year's strong volatility

I'm keeping some to run for a potential stronger crash

This idea will probably be closed soon for a newer idea if we see a reversal early 2019