NAS100: First red day on the backside move

By GianniPichichero
تم تحديثه
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“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range
  • Tuesday DAY 2 Initial Balance
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week
  • Thursday DAY 2 ✅ Day 3 cycle
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day ✅
  • First Green Day
  • 3 Days Long Breakout
  • 3 Days Short Breakout
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump ✅
  • Dump&Pump
  • Frontside
  • Backside ✅


4. THESIS:
  • Long: N/A I'm not interested in any long setup, neither counter trending the backside on Thursday
  • Short: primary, market on the backside move, dumping down with nice bearish momentum. Lower low placed into the LOW, looking for a sell high opportunity at 9:30am NYO or 10:01am after major red news release.


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

تعليق
Daily overview
لقطة

High low of the day in place, market currently pushing higher, wondering to see it the high will hold for the reversal! Let's be updated on here :)
تعليق
Breaking higher, re drawn the high low if necessary..
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In order to short a potential 3 session pump and dump, market has to consolidate up high till 9:30/10am
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The HOD is may locked in, keep watching
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live entry
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currently at break even
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London LOD would be the target 1, eventually previous LOW the second target

if you are in the trade, you should be already at break even
تم إغلاق الصفقة يدويًا
لقطة

Market placed a W bottom into the low the session, exit the full position with around 15pip, not a big a profit for today, but typically a strong parabolic setup does not come back! :) that's all for today!
تعليق
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I heard about people going long on Thursday, on the hourly backside move, after first red day, be very carefully in counter trending market on the backside.
Weekly pump and dump completed ✅
Beyond Technical AnalysisChart Patternsday3cycledumpandpumpfirstreddaygiannipichicheroNASDAQ 100 CFDnasqaqpumpanddumpstaceyburketradingTrend Analysis

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