Nasdaq re-short update - wait for moving average convergence

20 мар. 2018 г.

Instead of waiting for the full retracement to the green line, I believe now that we will chop until the red and yellow moving averages converge (aligning our trade idea with the time til FOMC decision). I recommend not entering any trades until this convergence.

21 мар. 2018 г.

Сделка закрыта вручную

Looks like our short case failed.

21 мар. 2018 г.

Сделка активна

I may have jumped the gun with that last update... The candle breakout was false and our short play is still in tact.

22 мар. 2018 г.

Заметка

Price is bouncing downwards... very possible we can revisit February lows.

22 мар. 2018 г.

Заметка

Expect to chop until tmrw before further drop. Protect your profits with stops.