SHORTING NASDAQ NOWShorting nasdaq now. CLEAR BEARISH PA. Only stopping the trade with a CANDLE CLOSE and CONFIRMATION ABOVE THE STOP LOSS.
Nasdaq tends to wick above areas like this so we will not exit trade at a price.
Tradenow
Long Gold. This is a trade idea for today.
The logic is the market traded down and trapped some traders on the short side.
So going long is ideal at this point.
If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal.
FOREXCOM:XAUUSD
Trading With The Future In Mind.. (Make Better Decisions)There's nothing I enjoy more than telling people hey, Take a Trade Here Or There.
That's because it means they are being WISE to what is required to enter and exit the market repeatedly for profit. This does not require a Genius. This doesn't require you to be a millionaire.. It just requires KNOWLEDGE so you can gain power over the Market. This knowledge is about TWO things mainly:
What is an accurate Price point for Entry/Exit and Why?
What is appropriate Risk Wise for that Price Point?
Whether you are Trading Today, Tomorrow or Next Month you will need to be able to answer those questions at any time (preferably with your eyes Closed). After all, Markets play out OVER time and not all at once, so you are going to need to plan.
If you do not trade with a plan and you are buying and selling randomly like a lunatic, it hurts, because you have no reason behind what you are doing. Trades must make sense to you and you must be comfortable with your entries and exits. If you aren't comfortable, its likely you have no plan.
Anyhow lets chat about it!
