NAS100 (Nasdaq) Outlook 3/19

19 Mar 2023

Bearish on indices in general. Here are the areas I find interesting at this point. As indices are loosely inversely correlated with the dollar, this is in line with DXY outlook expecting dollar strength in the short term. I can see NAS tracing higher before melting as there are HTF liquidity objectives within range.

21 Mar 2023

Not

long on NAS

21 Mar 2023

Not

reducing risk.

21 Mar 2023

Not

taken out at reduced risk stoploss. messy price action ahead of FOMC. back on thursday.

21 Mar 2023

Not

might have been baited out of a good positon, but the price delivery was not clean so no regrets in taking the reduced loss.

21 Mar 2023

Not

Lol I see how it is NAS

21 Mar 2023

Not

Scared money dont make money. SL was moved early because of earlier losses on EU and not wanting to take another loss.

Lesson - If you are too apprehensive of another loss to the point it affects your next trade, just stop trading for the day.

21 Mar 2023

Not

15M FVG was not noticed, this sent price back down for sellside, taking out stoploss.

21 Mar 2023

Not

had I not been stopped out I would be taking profit in this area. While it is frustrating to take a loss with the right analysis, its important to look at trades like this as analysis wins. identify what caused you to miss out on participation for future application. Journal any emotions you are feeling, and move on to the next opportunity.