Day: June 5, 2022

Nasdaq What Now Episode 19

Nasdaq What Now Episode 19

June, It’s June you all. Another month where we decide what the Nasdaq100 is going to do. We’ve had the bear market chilling with us for 6 months now. This is actually the 6th month—Woah! I think I lost track. Anyway, for me, it’s the first month. I started #Daily41 on the 1st of June and I want to monitor my progress every month for 6 months. This week in Nasdaq100, I ended it with 3 wins and 2 Losses. But when I started it in June 1st, it was already a Wednesday. Let me tell what happened, Lessons learnt and everything that has and will change in my trading. Furthermore, I will also be talking about my plans for this week. 

Monday was the 30th of May, 2022.. before Monday, I added a rule to my trading which is, Trade just the London session. Reason because, The New-York hasn’t been the best market or session for my trading. In the New York, I always take Ls. Not funny.. So I said to myself, “Why not just let go of this session”. Most like the New York because of it’s opportunities but as for me, I just think that’s the best time for manipulations. So trading the NY is a No-No, for my trading. Later in the week, I also let go of range markets and mid-levels. Rage markets have imbalances and these imbalance defy market structures. My trading revolves around trading structures” so I don’t get favored when trading consolidations. Also the mid-levels are “deciding levels”.. If you find yourself in a mid-level, be sure to wait for the breakouts. Not just the breakout, the next candle and if possible, the next candle..