Interested in shorting the NASDAQ

21 Kas 2022

Reasons why listed in chart...
General bias is currently bearish, but could change after targets are hit.
I will be looking on the lower time frames for signs that the short setup is initiated, this is confirmed by a break of structure, and enforced by divergence with the SPX.

21 Kas 2022

Not

First possible entry: limit order was not hit.

21 Kas 2022

Not

(Divergence with SPX)
The better option was trading SPX.. (equilibrium was met on SPX.)

21 Kas 2022

İşlem aktif

Executed
risked half of a percent because of the tight stop loss.
Main reasons:
-market not giving a lot of retracement
- went to equilibrium
- divergence with SPX
- 1m POI formed
- respected order flow
- see additional info on chart below:


(see time of screenshot for those doubting if not hindsight..)

21 Kas 2022

Not

21 Kas 2022

İşlem kapandı: durdurma seviyesi

loss of 0.3%

21 Kas 2022

İşlem aktif

NOTE: THIS IS HINDSIGHT: could not execute on time... but was expecting this to happen. (wanted to still post this to show how efficient the market is..)