Interested in shorting the NASDAQ

21 בנוב׳ 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 בנוב׳ 2022

הערה

First possible entry: limit order was not hit.

21 בנוב׳ 2022

הערה

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

21 בנוב׳ 2022

עסקה פעילה

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 בנוב׳ 2022

הערה

21 בנוב׳ 2022

עסקה סגורה: הגיע לסטופ

loss of 0.3%

21 בנוב׳ 2022

עסקה פעילה

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..)