It is okay to short NQ on NFP day

6 авг. 2021 г.

Risk reward seems fine. Should a solid payroll data successfully triggers a selloff, NQ is likely to repeat the move we saw on 7/27. 300+ points in profits. Target: 14800 area.
First we need to see yday low 15068 to break, otherwise my strategy doesn't work out.

6 авг. 2021 г.

Заметка

It seems that previous July high 15134 fails to hold. So far my plan is working out. Next target is 15068.

9 авг. 2021 г.

Заметка

15068 8/5 low fails to hold, so we are going to test 14962. 14962 is the lower end of price cluster since 7/24. Therefore this level is important to me. If breaks then it open up the downside to 14800.

9 авг. 2021 г.

Заметка

If things do not go well...I'm about to scrap the trade at 15156. trend is against me.