NAS Outlook 7/3

٤ يوليو ٢٠٢٣

Interesting outlook this week. NFP is on friday, but we are expecting little to no movement on monday and tuesday the 4th. Won't be trading till Wednesday at the earliest.

I am still bullish on NAS till we reach the consequent encroachment of the monthly FVG above. NFP could be the driver that pushes price that high.

Other POIs I am watching are annotated on the chart.

Let's get it.

٥ يوليو ٢٠٢٣

ملاحظة

considering this short

٥ يوليو ٢٠٢٣

ملاحظة

tapped in, lets see how she fares.

٥ يوليو ٢٠٢٣

ملاحظة

taken out

٥ يوليو ٢٠٢٣

ملاحظة

Considering another short attempt. I am bullish but I think it wants lower prices before pushing.

٥ يوليو ٢٠٢٣

ملاحظة

if the lunch session high is taken first, I will look to enter short, if price takes out the low first, I will delete order and call it for the day

٥ يوليو ٢٠٢٣

ملاحظة

high was taken first, I entered a short before the lunch low was taken,.

٥ يوليو ٢٠٢٣

ملاحظة

damn taken out again, done till another day!

٦ يوليو ٢٠٢٣

ملاحظة

ended up taking another short just as the day was closing off after price took out the high and shifted on 1min. was taken afk on my phone then i was at the gym and could not post update at entry

٦ يوليو ٢٠٢٣

ملاحظة

going to go break even, even though london may want to take asia session high, I am not willing to see any more red on this trade idea

٦ يوليو ٢٠٢٣

ملاحظة

TP1 hit, this TP was a 1:1 extension of all the trading above the weekly open, reflected below it. or 1 standard deviation.

Obviously feels good to TP, but the entry was based more off intuition than a clear schematic, might need to dig deeper into the entry to see what your mind was thinking.

٦ يوليو ٢٠٢٣

ملاحظة

TP 2 hit, trade collapsed

٦ يوليو ٢٠٢٣

ملاحظة

I will be DEMO trading the rest of the week. but I like afternoon session for a potential long, with further expansion upwards during NFP tomorrow.

But I will trade off what is offered.

٦ يوليو ٢٠٢٣

ملاحظة

something like this

٦ يوليو ٢٠٢٣

ملاحظة

price never returned. did not participate. i will be demo trading NFP tomorrow if i see something i like.

٧ يوليو ٢٠٢٣

ملاحظة

im long on NAS (DEMO)

٧ يوليو ٢٠٢٣

ملاحظة

TP levels

٧ يوليو ٢٠٢٣

ملاحظة

a bit lackluster

٧ يوليو ٢٠٢٣

ملاحظة

taken out (DEMO). haven't seem such a weak market reaction to NFP in a while if ever